Chief Minister Dr Himanta Biswa Sarma announced Assam is quickly gaining recognition as a top investment hub. He attributed this to its investor-friendly initiatives and a well-tailored industrial policy. The State is making significant strides in improving its business environment, demonstrating the government’s strong commitment to encouraging industrial growth.
In a social media post, CM Himanta highlighted the State’s proactive approach to enhancing its industrial landscape, stating, “With investor-friendly initiatives and a customised industrial policy, Assam is fast becoming a preferred investment destination, and recent developments back our intent. We are constantly engaging with industries to further develop the industrial ecosystem in Assam.”
Several strategic initiatives are central to Assam’s progress. The introduction of a Single Window System has streamlined business processes, making it easier for investors to set up operations in the State. Additionally, the launch of an upgraded Ease of Doing Business or EoDB portal, offering 241 services, has further simplified administrative procedures.
Among the significant achievements is the securing of major investments, including the establishment of a $27,000 crore Tata Semiconductor Plant in Jagiroad, which is set to boost the State’s industrial sector. Assam’s advancement to the Aspirers category in the Business Reform Action Plan or BRAP rankings reflects these ongoing efforts.
The State has introduced the Assam Reforms in Public Service Delivery or ARTPS Amendment Bill, 2024, aimed at improving public service efficiency. Furthermore, sector-specific policies and increased support for startups are reinforcing Assam’s position as a growing business hub in the country.
