Assam News

Assam Poised To Emerge As India’s Economic Powerhouse, Says CM Sarma

Assam Chief Minister Himanta Biswa Sarma recently shared his vision of making the state an economic powerhouse during a meeting with business leaders in Osaka, Japan.

Sentinel Digital Desk

TOKYO: Assam Chief Minister Himanta Biswa Sarma recently shared his vision of making the state an economic powerhouse during a meeting with business leaders in Osaka, Japan.

On a three-day visit to Japan, Sarma highlighted Assam’s potential for investment, particularly focusing on a $12 billion infrastructure plan that offers significant opportunities for global companies. In 2024, Assam secured a record $4 billion in private investments, the highest ever.

Sarma noted the strong interest among Japanese businesses in investing in India, citing their admiration for Prime Minister Modi’s leadership. He expressed confidence that Assam can increase its Gross State Domestic Product (GSDP) to $143 billion by 2030, with a target of boosting the state’s economy substantially in the next five years.

During his visit, the Chief Minister also discussed Assam’s potential in the semiconductor industry, particularly inviting global firms like Micron to join the state’s growing semiconductor sector. He mentioned that Jagiroad’s Electronic Township is poised to become a major global hub for semiconductor production.

Sarma also met with Lekh Raj Juneja, CEO of Kameda Seika, to explore opportunities in Assam’s food sector, which already has a solid foundation with specialized food parks and established companies.

Next month, Assam will host the "Advantage Assam" investment summit, which Prime Minister Modi will inaugurate. The event will feature cultural performances, including a massive Jhumur dance with over 7,500 participants, to showcase Assam’s rich traditions alongside its business potential.

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