Adani and Ambani to invest Rs 50,000 crore each in Assam across multiple sectors
Guwahati: The Adani Group has announced a significant investment of Rs 50,000 crore in Assam, spanning key infrastructure sectors such as airports, aero cities, city gas distribution, transmission, cement, and road projects. The announcement was made by Gautam Adani, Chairman of the Adani Group, during the investors' summit, Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati
Expressing his commitment to the state's development, Gautam Adani said, "It is this vision of progress that we are eager to be part of. Therefore, it is with great pride that I announce today the Adani Group's commitment to invest Rs 50,000 crore in Assam." He emphasized that the group's investments would contribute to the state's growth and strengthen its economic potential. Highlighting Prime Minister Narendra Modi's role in fostering investment-driven economic growth, Adani drew parallels between Assam's economic aspirations and the success of Gujarat's investment ecosystem. He credited PM Modi's vision, which started with the Vibrant Gujarat Global Summit in 2003, as the catalyst that inspired states across India to adopt similar strategies. "Standing here, I cannot help but reflect that it all began in 2003 with a resurgence in Gujarat. Your vision evolved into the iconic Vibrant Gujarat Global Summit. What started as a spark has now ignited a national movement, inspiring every state to adopt the power of investment-driven economic transformations," Adani remarked. Adani also spoke about the natural beauty and cultural heritage of Assam, paying tribute to the revered Kamakhya Temple and the mighty Brahmaputra River.
He compared the transformational journey of Assam to the river's ability to carve its own path, saying, "Every time I set foot in this sacred land of Maa Kamakhya, I am captivated by its nature and limitless beauty. Just as the mighty river Brahmaputra reshaped the landscape of this state to carve its own path, I must say that it is our Honorable Prime Minister who has reshaped the landscape of possibilities for us all." The massive investment commitment by the Adani Group is expected to boost Assam's infrastructure, create employment opportunities, and enhance the state's economic landscape. With significant projects in key sectors, the Adani Group aims to play a crucial role in Assam's development journey.
Additionally, Reliance Industries Limited (RIL) has committed to investing over Rs 50,000 crore in Assam over the next five years, Chairman and MD Mukesh Ambani announced at the Assam 2.0 Summit on Tuesday. Addressing the gathering in Guwahati during the investors' summit, Advantage Assam 2.0 Investment & Infrastructure Summit 2025, Ambani emphasized Reliance's long-term commitment to the state's development, particularly in the technology and digital sectors. "In the coming years, Reliance will more than quadruple its investment in Assam to over Rs 50,000 crore," Ambani stated. He recalled the company's earlier commitment of Rs 5,000 crore in the 2018 summit and highlighted that Reliance has since exceeded Rs 12,000 crore in investments in the state. Ambani highlighted Reliance's priority of making Assam "tech-ready and AI-ready," calling the state's digital transformation a "noble and patriotic mission."
He noted that Jio has played an important role in modernizing Assam's telecom infrastructure, making it "not only 2G-mukt but 5G-yukt" (free from 2G and empowered with 5G). He expressed gratitude to the people of Assam for embracing Jio wholeheartedly. Praising Prime Minister Narendra Modi's leadership, Ambani stated that the summit's theme, Advantage Assam, reflects the transformation the state has undergone under Modi's governance. He identified four key advantages that Modi has brought to Assam. "In the past 11 years you have brought four unique advantages to Assam. Advantage one, you have brought Assam and the rest of northeast from the periphery to the center of India's development map. You have yourself visited the northeast over 70 times more than any other prime minister in the past," Ambani said, pointing out that the Prime Minister has visited the region more than 70 times--more than any other previous leader. "Second, you have given Assam an inspiring new mantra: Act East, Act Fast, and Act First," he said, adding that Assam has the potential to develop so rapidly that Southeast Asia and East Asia will begin looking towards the state as a hub of growth opportunities. The third advantage, Ambani noted, is the "unprecedented connectivity revolution" in Assam and the Northeast, which goes beyond physical and digital connectivity to also include developmental and emotional connectivity with the rest of India. The fourth and most significant advantage, he added, is the emphasis on technology as a key driver of development. Comparing Assam's global reputation as a tea paradise, Ambani expressed confidence that in the coming decades, the state will also emerge as a "technological paradise." With Reliance's massive new investment commitment, Assam is poised to see significant growth in digital infrastructure, artificial intelligence, and overall economic development in the years ahead.