Ambani and Adani announce Rs 50,000 Crore investment in the Advantage Assam 2.0 Investment and Infrastructure Summit 

GUWAHATI : In a major good news for the business and growth in Assam, billionaire Indian industrialists Gautam Adani and Mukesh Ambani have pledged to invest Rs 50,000 crore each for the northeastern state. Notably, the two billionaires pledged the announcement during the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati. Here are all the details regarding the announcement.

Reliance to invest Rs 50,000 cr in Assam over next 5 years

Reliance Industries will invest Rs 50,000 crore across five different verticals in Assam over the next five years, its chairman Mukesh Ambani said on Tuesday. Speaking at the ‘Advantage Assam’ business summit, Ambani said the money will be invested to make Assam technology and AI ready.

“At the 2018 investment summit, I announced an investment of Rs 5,000 crore. Since then, the investments have crossed Rs 12,000 crore. This amount will quadruple and we will invest Rs 50,000 crore in the next five years,” he said.

The areas where this amount will be pumped in include green and nuclear energy, the supply chain of food and non-food products, and expanding the footprint of Reliance’s retail stores, he added.

Adani to invest Rs 50,000 crore

 Addressing the summit, Adani Group Chairperson Gautam Adani emphasised that his conglomerate’s investments would span across multiple sectors, including airports, aero-cities, city gas distribution, transmissions, cement, and road projects. 

“It is with great pride that I announce today the Adani Group’s commitment to invest Rs 50,000 crore in Assam,” he said. 

Reflecting on the role of investor summits in shaping India’s economic landscape, Adani noted that over the past two decades, such events have become catalysts for transformative change, attracting billions of dollars in investments and reinforcing India’s vision of a ‘Viksit Bharat’ (developed India).

This announcement comes a day after Adani announced a Rs 1.1 trillion investment in Madhya Pradesh during the Madhya Pradesh Global Investors Summit in Bhopal. This investment, expected to generate over 100,000 jobs, will focus on multiple sectors, including a greenfield smart city, an airport project, and a coal gasification initiative. Discussions for further investments in the state are ongoing. 

Drawing a parallel between Assam’s investor summit and Gujarat’s economic transformation, Adani recalled how such initiatives trace their roots back to 2003 with the Resurgent Gujarat event, which evolved into the iconic Vibrant Gujarat Global Summit. “What started as a spark has now ignited a national movement inspiring every state to add up the power of investment-driven economic transformations,” he remarked.

PM Modi inaugurates Advantage Assam 2.0 Summit

 The Advantage Assam 2.0 Summit, inaugurated by Prime Minister Shri Narendra Modi earlier today, aims to bring together top industry leaders and international business delegations.  

Chief Minister Shri Himanta Biswa Sarma stated that the summit was expected to attract investment proposals exceeding Rs 120 trillion, with several key memoranda of understanding (MoUs) to be signed over the two-day event