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More investment pouring in

GUWAHATI: In a major boost on the economic front of Assam, the state government inked as many as 176 initial agreements after prime minister Narendra Modi opened the global investment summit in Guwahati on Saturday.      

 The packs involving Rs65,186 crore were signed on behalf of 160 firms on the day one and most these investment would come for tea, health, hotel, telecom, oil and gas sectors. ONGC announced Rs13,000 crore investment while Oil India Ltd has promised Rs10,000 crore. Numaligarh Refinery Ltd was keen to invest Rs3,410 crore.

 Tata joins the investment with an elaborate cancer care programme in 15 districts with Rs2,000 crore investment. Indo-UK Institute of Health is keen to invest Rs2,700 crore apart from Century Ply who will invest Rs2,100 crore. Similarly, Spicejet has talked of Rs1,250 crore investment to boost the tourism sector.

 An IT park is also in the pipeline in Gwahati with Rs 1,000 crore investment by Infinity Group. Moreover, Medanta Group will cough up Rs500 crore in the healthcare sector. Bhutan Prime Minister Dasha Tshering Tobgay, Japan Ambassador to India Kenji Hiramatsu, captains of industry and representatives of Vietnam, Myanmar, Cambodia, Czech Republic, Laos and Bangladesh, USA, Germany, Japan, Korea, Israel are attending the summit ending on Sunday.

 

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Assam Times Staff. editor@assamtimes.org

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