Assam hosts investors' roadshow in Bengaluru ahead of "Advantage Assam 2.0"
Assam Hosts Investors' Roadshow in Bengaluru
Introduction to Advantage Assam 2.0
Assam Minister Ashok Singhal organized an Investors' Roadshow in Bengaluru as a precursor to the Advantage Assam 2.0 Investment and Infrastructure Summit, scheduled for February 25-26, 2025, in Guwahati. The event aimed to showcase Assam's economic potential to over 200 investors and industry leaders.
Assam's Economic Growth and Vision
Minister Singhal highlighted Assam's strategic location as India's gateway to South and Southeast Asia, emphasizing its robust economic growth from USD 29 billion in 2013-14 to USD 68.7 billion in 2023-24, with projections to reach USD 85.8 billion. He outlined Assam's vision for growth through investments in infrastructure, manufacturing, renewable energy, and human resource development.
Key Projects and Initiatives
Several significant projects were highlighted, including India's first International Multi-Modal Logistics Park in Jogighopa, the Dhubri-Phulbari bridge, Tata OSAT's semiconductor project, and elevated corridors in Kaziranga National Park. Assam's policies in green energy and emerging technologies, such as Green Hydrogen and Electronics System Design and Manufacturing, were also emphasized.
Investment Opportunities
Minister Singhal presented sectors like aerospace, defense, food processing, and IT as key investment areas, along with sustainable tourism supported by Assam's natural heritage. He invited investors to explore Assam's opportunities, promising government support and a collaborative business environment.
Upcoming Summit and Cultural Event
The Advantage Assam 2.0 Summit will feature a grand Jhumoir dance performance with over 8,000 youth and will be attended by the Prime Minister of India, Union Ministers, and industry leaders. Minister Singhal concluded by inviting collaboration to unlock Assam's potential and foster prosperity and innovation.
Interactive Session and B2G Meetings
During a Q&A session, Minister Singhal addressed investor queries about Assam's investment policies, fostering confidence among attendees. Prefixed B2G meetings followed, with business leaders expressing interest in Assam's investment opportunities and confirming participation in the upcoming summit.
Doubts Revealed
Assam
Assam is a state in northeastern India, known for its rich culture, tea gardens, and wildlife. It is one of the seven sister states in the region.
Ashok Singhal
Ashok Singhal is a politician from Assam, serving as a minister in the state government. He is involved in promoting economic development and investment in Assam.
Investors' Roadshow
An Investors' Roadshow is an event where government officials or companies present investment opportunities to potential investors. It is like a presentation to attract people to invest money in projects.
Bengaluru
Bengaluru, also known as Bangalore, is the capital city of the Indian state of Karnataka. It is known as the 'Silicon Valley of India' because of its role as the nation's leading information technology (IT) exporter.
Advantage Assam 2.0
Advantage Assam 2.0 is an upcoming summit aimed at attracting investments to Assam. It focuses on showcasing the state's potential in various sectors to investors.
International Multi-Modal Logistics Park
An International Multi-Modal Logistics Park is a large facility that helps in the transportation and storage of goods using different modes like road, rail, and air. It is important for improving trade and commerce.
Green energy
Green energy refers to energy that is produced in a way that is friendly to the environment, like solar or wind power. It helps in reducing pollution and conserving natural resources.
Aerospace
Aerospace is the industry related to the design and production of aircraft and spacecraft. It includes everything from airplanes to satellites.
IT
IT stands for Information Technology, which involves the use of computers and software to manage information. It is a key sector in modern business and communication.
Cultural events
Cultural events are activities that showcase the traditions, music, dance, and art of a place. They help in promoting and preserving the cultural heritage of a region.
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