Published On:February 26 2025
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Ambani, Adani, Anil Agarwal Pledge ₹1.5 Lakh Crore Investment in Assam.
Reliance Industries, Vedanta, and the Adani Group have pledged to invest over ₹1.5 lakh crore in Assam across various sectors, their leaders announced at the Advantage Assam Summit.
Reliance’s Mega Investment Plans
Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd (RIL), revealed plans to quadruple the company’s investments in Assam to ₹50,000 crore over the next five years, up from ₹12,000 crore invested since 2018.
Ambani outlined five key initiatives that will drive growth and create tens of thousands of jobs in the state:
- AI-Ready Data Centre: RIL will set up a cutting-edge AI-ready data centre to empower teachers, doctors, and farmers while enhancing digital learning opportunities.
- Green Energy Hub: The company will develop two world-class compressed biogas (CBG) hubs on wastelands, producing 8 lakh tonnes of biogas annually, enough to fuel 2 lakh passenger cars daily.
- Mega Food Park: To support Assam’s agricultural and horticultural sectors, RIL will establish a mega food park for value addition.
- Retail Expansion: The company will double its retail footprint in Assam, increasing Reliance Retail stores from 400 to 800 in the next five years.
- Luxury Hospitality: To boost tourism, RIL plans to develop a seven-star Oberoi hotel in the heart of Assam.
Vedanta’s Oil & Gas Push
Anil Agarwal, Chairman of Vedanta Group, committed ₹50,000 crore for oil and gas exploration in Assam through Cairn Oil & Gas. "With this investment, we will produce 1 lakh barrels of oil and gas per day, positioning Assam as a major hydrocarbon hub and generating jobs for 1 lakh youth,” Agarwal said.
Adani Group’s Infrastructure Expansion
Gautam Adani pledged ₹50,000 crore in Assam, covering key sectors like airports, aerocities, city gas distribution, transmission, cement, and roads.
The collective investment commitments by these corporate giants are expected to transform Assam’s industrial and economic landscape, generating massive employment and accelerating the state’s growth in energy, infrastructure, and technology.
HBL