Assam's Chief Minister, Himanta Biswa Sarma, is attending the Advantage Assam 2 business summit in Japan. He announced plans for Assam to become India's next economic powerhouse, aiming to increase the state's gross state domestic product (GSDP) to USD 143 billion by 2030. The state has already secured a record investment of USD 4 billion in 2024.
During the summit, CM Sarma met with over 80 business leaders, emphasizing Assam's USD 12 billion infrastructure investment plan as a significant opportunity for global companies. He expressed excitement about the interest from Japan's business community and invited them to participate in Advantage Assam 2.
CM Sarma also engaged with top Japanese officials to strengthen ties and attract more investment to Assam. He was hosted by Fukushiro Nukaga, Speaker of Japan's House of Representatives, for a dinner where they discussed various topics, including sports tourism development.
On the final day of his visit, CM Sarma has scheduled meetings with senior government representatives and industry leaders to further promote Assam's economic potential.
Assam is a state in the northeastern part of India, known for its rich culture, tea gardens, and wildlife.
CM stands for Chief Minister, who is the head of the government in an Indian state. Himanta Biswa Sarma is the Chief Minister of Assam.
Advantage Assam 2 is a summit or meeting aimed at promoting economic growth and attracting investments to the state of Assam.
GSDP stands for Gross State Domestic Product, which is the total value of goods and services produced in a state. It is like a report card for the state's economy.
USD stands for United States Dollar, which is a currency used in the United States and is often used in international trade and investments.
An infrastructure plan involves building and improving facilities like roads, bridges, and buildings to support economic growth and development.
Sports tourism is when people travel to different places to watch or participate in sports events. It can help boost the local economy by attracting visitors.
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