Assam emerging as the nation’s fastest-growing investment hub

Staff Reporter

GUWAHATI: Assam is emerging as India's fastest-growing investment hub with up to 200 percent incentives, 100 percent free land facilities, reimbursement of state GST, power subsidies, and a skilled workforce.

According to sources, apart from the MoUs worth Rs 5.18 lakh crore signed during Advantage Assam 2.0 that have already started work on the ground, MSME (Micro, Small, and Medium Enterprises) registrations under UDYAM have been increasing significantly from 9371 in 2020 to 2.85 lakh in 2024 alone, marking a 34-fold increase. In 2025, a total of Rs 30,773 crore in credit was disbursed to over two lakh MSMEs.

According to sources, to bolster the MSME ecosystem in the state, the government has taken several measures that are designed to enhance access to finance, promote technology updates, and support the sustainable growth of MSMEs across the state.

According to sources, the state government has developed an industrial ecosystem aimed at minimizing procedural delays. Twenty-three departments are offering over 270 services on a single digital platform, with 21 auto-approved services.

According to sources, the government is giving utmost priority to making lands available for big industries investing in the state. "We've 6,500 acres of industrial land, including 3,100 acres of allocable space. Additionally, we're developing 11,600 acres of land in various districts," an official source said.

In her budget speech, state Finance Minister Ajanta Neog said, "Assam could attract investment commitment worth Rs 5.18 lakh crore. It is now expected that from here on Assam will embark on a new journey of growth and industrialization."

According to sources, already the government has announced various types of incentives, capital, and other investments to woo investors. The government has made lands available for almost all big industries that have come to the state. For power, the government has given thrust to renewable energy, besides thermal power, so as to meet the power demand of the industries. The government is also laying stress on honing the skills of the local youth through the opening of a skill university and skill development courses in colleges and schools, like AI, robotics, etc.

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