The Assam government on Thursday informed the Legislative Assembly that investment projects worth more than ₹3.10 lakh crore announced during the Advantage Assam 2.0 summit have entered various stages of implementation and commencement, with the potential to generate 1,02,557 direct and indirect employment opportunities across the state.
Presenting the 2026-27 State Budget, Finance Minister Jayanta Malla Baruah described the Advantage Assam 2.0 summit as a defining milestone in the state’s economic transformation.
He said the summit secured investment and infrastructure commitments exceeding ₹5.18 lakh crore from the private sector, public sector enterprises and key infrastructure ministries of the Government of India.
According to the minister, projects worth over ₹3.10 lakh crore have already progressed to the implementation stage, reflecting growing investor confidence in Assam’s economic prospects.
Baruah highlighted that the Tata Semiconductor Assembly and Test Facility at Jagiroad is expected to commence production in November this year, while construction of the Assam Valley Fertilizer and Chemical Company Limited (AVFCCL) project at Namrup is progressing steadily.
The Finance Minister also announced plans to establish industrial parks in every district, develop land banks and strengthen industrial infrastructure and incentive policies to attract the next phase of investment into the state.
He said the initiatives are aimed at accelerating industrialisation, creating employment opportunities and positioning Assam as a leading investment destination in Northeast India.
