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He stated that on Tuesday, MoUs worth Rs 8,201 crore were inked for investments in FMCG, cement, glass, and electric cars....

Digital Desk: The The Assam government inked Memorandums of Understanding (MoUs) worth over Rs 8,200 crore with private enterprises on Tuesday to construct big industrial projects across the state.

This would result in the creation of around 6,000 jobs, with additional such megaprojects planned, according to Chief Minister Himanta Biswa Sarma.

"On the eve of the State Government's second anniversary, our thriving economy takes another step forward." These initiatives would result in an investment of Rs 8,200 crore and the creation of 6,100 jobs. Many more are on the way. "Thank you all for believing in Assam's growth story," Sarma said on Twitter.

Sarma stated at a ceremony marking the signing of the MoUs that the government is in talks with other investors and that "big breakthroughs" are expected soon.

"We are hoping for a large industrial summit in late 2024." We're hoping for some major advances. "Discussions are already underway (with prospective investors)," Sarma said as his administration approaches the end of its second year in office.

He stated that on Tuesday, MoUs worth Rs 8,201 crore were inked for investments in FMCG, cement, glass, and electric cars.

The chief minister insisted that the state government's provision for crafting bespoke policies to enable investments worth more than Rs 100 had been vital in luring business leaders over the last two years.

Investments of less than Rs 100 are covered under a well-defined industrial investment policy, according to the chief minister.

The chief minister claimed that MoUs for projects worth approximately Rs 14,000 crore have been inked in recent times, including those on the occasion, and that backing from the Central government, private businesses, and the people has made it possible.

"We must thank the people of Assam for creating an investment-friendly environment." There are no commotions or upheavals. "For the first time since the Assam Agitation began in 1979, there has been no bandh in the state for the last two years," the chief minister stated.

Sarma emphasized the state's recent financial and industrial successes, claiming that the state's average GDP growth over the last five years has been 13%, despite COVID-19 hurting economic operations.

"Our GST collection, tax collection, and royalty collection are all on track." We were able to reach more than Rs one lakh crore in public expenditure in 2021-22, and this number has only increased in the last year," he added.

According to the chief minister, the government is also collaborating closely with research institutes and fostering a start-up environment.

He also discussed investments in several sectors, such as hospitality, solar energy production, industrial infrastructure development, ethanol production, the tea business, the oil sector, the piped gas supply project, health, horticulture, and human resource development.


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