Assam Chief Minister Himanta Biswa Sarma held an important meeting with the Vedanta Group on Monday. In this meeting, an investment of Rs 50,000 crore in the state was discussed. Anil Agarwal-led Vedanta Group had recently announced large-scale investment in Assam and Tripura. This investment will be made especially in the oil and gas sector, which will strengthen the economy of these states.
Chief Minister shared information
Chief Minister Himanta Biswa Sarma posted on social media platform X that Vedanta Group wants to invest Rs 50,000 crore in Assam. He said that the state government team has held detailed talks with Vedanta representatives to turn this proposal into reality. The government’s aim is to implement these investment proposals on the ground as soon as possible so that the state can get direct benefit from it.
There is no better start to Bohag than ensuring that commitments made in the previous year are fulfilled. And it’s so gratifying.
At #AdvantageAssam2 we received investment commitments of ₹5.19 lakh crore, of which the Vedanta Group has set a target of investing ₹50,000 cr in… pic.twitter.com/fuV5H0XiVY
— Himanta Biswa Sarma (@himantabiswa) April 14, 2025
Expecting new employment opportunities
This investment plan can provide new employment opportunities to the youth of Assam. The Chief Minister said that about one lakh direct and indirect employment opportunities will be created through this investment. The state government is giving priority to big investments in this financial year so that the youth can get work in their own state and do not have to go out. The government says that they are not just making announcements but have also made full preparations to implement it.
Investments made so far
Vedanta Group subsidiary Cairn Oil and Gas has already invested Rs 2,500 crore in Assam and Tripura. This information was given at the “Advantage Assam Investment Summit”. The aim of this summit is to make Assam an attractive destination for investment. The government believes that such investments will accelerate the pace of economic development of the state and in the coming time Assam can become a big name in the field of industry.