Aspirational Assam set for a promising future says Dr. Ranoj Pegu

Aspirational Assam set for a promising future says Dr. Ranoj Pegu
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Assam Showcases Investment Potential at Hyderabad Roadshow

Assam’s Minister of School and Higher Education, Tribal Affairs (Plain), Dr. Ranoj Pegu, highlighted the growing interest from national and international investors in Assam’s potential. Speaking at the inauguration of the Hyderabad Roadshow for the ‘Advantage Assam 2.0 Summit 2025’ on Thursday, he emphasized the state’s vision to become a top investment destination by connecting with leading businesses and innovators.

Dr. Pegu noted that Assam has transformed significantly in recent years, particularly in communication, infrastructure, and industrial development. “We proudly present Aspirational Assam—a forward-looking state poised for a brighter future,” he stated.

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On the education front, Dr. Pegu shared how Assam is leveraging technology to modernize its systems. The state introduced an AI-driven management system for schools and has made substantial investments in education. He announced the expansion of medical and engineering colleges, with plans to open more institutions by 2026-2027. Additionally, a dedicated university for Science and Technology and another focusing on cutting-edge fields like Artificial Intelligence (AI) and Machine Learning (ML) will soon become operational.

Dr. Pegu also highlighted Assam’s progress in reducing poverty, with 25% of the population lifted out of multi-dimensional poverty in the last decade. He pointed out that the state is on the brink of rapid industrial growth and urged investors to explore opportunities in East India, specifically Assam. To address the migration of skilled youth, the state has established Assam Skill University, which aims to create an employable workforce and provide industries with skilled manpower. The government is offering incentives, subsidies, and a robust framework for investors ready to collaborate in Assam’s development.

Economic Growth and Infrastructure Expansion

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Dr. Kalyan Chakravarthy, Assam’s Additional Chief Secretary, shared insights into the state’s remarkable economic growth over the past decade. Assam’s economy has grown from $29 billion to $68 billion, with a goal of reaching $130 billion by 2030. The state’s growth rate surpasses the national average by 2%, and last year’s tax revenue growth hit an impressive 25%, reflecting a strong financial foundation.

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To enhance its economic landscape, Assam is building multi-modal logistic parks to connect with the South East Asian region, attracting global investors. The state is also making an unprecedented investment of Rs 1 lakh crore in mega infrastructure projects, transforming Assam into a vital economic hub.

Chakravarthy added that Assam’s connectivity is being strengthened with six operational airports and more in development. In a significant milestone, the Tata Group has invested in a semiconductor unit in the state. “Assam is not just growing—it’s thriving. We invite you to join us as we emerge as a gateway to South East Asia, brimming with opportunities,” he said.

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Investor-Friendly Policies and Future Vision

KS Gopinath Narayan, Assam’s Principal Secretary (IT), emphasized the state’s bold and aggressive industrial policy. The policy offers investor-friendly incentives, making it easier and more rewarding to do business in Assam.

Narayan reaffirmed Assam’s commitment to fostering partnerships with investors, driving mutual prosperity, and enabling sustainable development. “Together, let’s unlock the immense potential of this dynamic state and achieve new heights of progress,” he concluded.

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With its visionary leadership and focus on innovation, infrastructure, and education, Assam is positioning itself as a hub of economic and industrial growth. The state warmly invites investors to be part of this transformative journey.

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