Chief Minister Himanta Biswa Sarma has positioned Assam as a rapidly evolving hub for investors, emphasizing its proactive governance, investor-friendly policies, and alignment with the Centre’s Act East policy. Speaking on the fourth day of the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, Sarma contrasted Assam’s streamlined processes with the bureaucratic delays often seen in larger states. He noted that Assam offers direct and personalized interactions with investors, stating, “Structural issues and delays are common in big states handling thousands of proposals. Assam is different. We don’t have that volume, so every investor is a VIP investor for us.”
Sarma highlighted the close coordination between the state government and the Centre, which he described as crucial for expediting approvals. He shared a personal anecdote about a recent forest clearance for an industry, noting that he was already able to inform the industry representatives before they reached out. This, he argued, exemplifies the level of commitment and follow-up that Assam ensures for its investors.
The Chief Minister announced that during Assam Advantage 2.0, the state received investment proposals worth Rs 5 lakh crore, out of which projects amounting to nearly Rs 3 lakh crore have already been initiated. He remarked, “We may not be Maharashtra, which handles thousands of investors. I handle fewer than 100, but that allows us to deliver results.” Additionally, Sarma stated that Assam has transitioned to being a power surplus state, providing a solid foundation for industrial growth. He pointed out that the semiconductor sector is taking off from Assam, emphasizing that this development extends beyond just chip manufacturing to encompass a complete ecosystem and domestic market.
Engaging with global business leaders, Sarma participated in numerous high-level discussions and dinner roundtables with representatives from over 20 multinational corporations, collectively generating a turnover exceeding USD 150 billion. He expressed optimism about the outcomes of these discussions, predicting beneficial results in the near future.
Sarma also stressed the importance of recognizing the diversity of India’s growth narrative, asserting that the Northeast is emerging as one of the nation’s most dynamic regions. He mentioned that the region has seen nearly a 20% annual growth in cement consumption, branding it as “the fastest-growing market in the country” and a clear indicator of rapid infrastructure expansion.
Finally, the Chief Minister revealed that there are ongoing geological surveys aimed at discovering substantial rare earth mineral reserves in the Northeast. He stated, “If these discoveries materialize, the Northeast will play a crucial role in India’s strategic mineral security.”
Original Source: https://assamtribune.com/assam/assam-offers-hands-on-governance-for-investors-cm-sarma-on-day-4-at-wef-davos-1605241
Category: Assam,Featured
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Publish Date: 2026-01-22 20:22:00
