The Advantage Assam 2.0 Investment & Infrastructure Summit 2025, inaugurated by Prime Minister Narendra Modi in Guwahati, has set the stage for a new era of growth in the Northeast. Highlighting the immense potential of Assam and Eastern India, the Prime Minister emphasized the region's role in India's progress and prosperity.
Prime Minister Modi expressed confidence in the future of Assam, stating that the region is on the brink of showcasing its full potential. He noted that while Eastern India has historically played a crucial role in India's economic landscape, the time has come for it to take center stage in development. The event, attended by key dignitaries, underscored the commitment of the Indian government towards fostering economic and infrastructural growth in Assam.
Despite global uncertainties, India continues to experience robust growth, driven by a young, skilled, and innovative population. The Prime Minister highlighted India's increasing role on the world stage and its commitment to implementing structural reforms. He also emphasized India's connectivity with East Asia and the newly developed India-Middle East-Europe Economic Corridor as major opportunities for further growth
Assam’s Rising Economic Power
Assam's economy has witnessed remarkable growth over the past decade. The first edition of the Advantage Assam Summit in 2018 valued the state's economy at approximately ₹2.75 lakh crore. Today, Assam's economy has doubled, reaching nearly ₹6 lakh crore. This exponential growth reflects the strong policies and governance of both the state and central governments.
One of the key drivers of this progress is Assam’s investment in infrastructure, education, and skill development. The government has actively worked on enhancing connectivity in the region. A significant example is the construction of four new bridges over the Brahmaputra River in the last decade, compared to just three bridges built in the previous 70 years. Additionally, the railway budget for Assam has been increased fourfold to ₹10,000 crore, with over 60 railway stations undergoing modernization. The introduction of the first semi-high-speed train between Guwahati and New Jalpaiguri marks another milestone in the region’s development
Expanding Air Connectivity and Employment Opportunities
Assam has also seen rapid growth in air connectivity. In 2014, flights operated on only seven routes; today, there are more than 30 routes connecting the state to major cities, improving accessibility and creating employment opportunities. The expansion in infrastructure, combined with an improved investment climate and strengthened law and order, has helped attract both domestic and foreign investments to Assam.
India’s Commitment to Economic Reforms
The Prime Minister reiterated the Indian government’s focus on economic reforms across various sectors, aiming to enhance the Ease of Doing Business and build a favorable ecosystem for industries. Policies such as the implementation of the Production Linked Incentive (PLI) scheme and tax benefits for new manufacturing companies and MSMEs have significantly contributed to the country’s industrial expansion.
A $150 Billion Economy by 2030
Assam has set a bold target to achieve a $150 billion economy by 2030. The government’s focus on institutional reform, infrastructure, industry, and innovation forms the foundation of this ambitious goal. The Prime Minister expressed confidence in the capability of Assam’s people and the government’s commitment to sustained growth.
With its strategic location between Southeast Asia and India, Assam is poised to become a vital trade and investment hub. The Advantage Assam 2.0 Summit signals a new chapter of development, positioning the state as a key driver of India's economic future.