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Assam CM Himanta Biswa Sarma showcases state's electronics potential at national investors' meet in Delhi
Assam CM Himanta Biswa Sarma showcases state's electronics potential at national investors' meet in Delhi

Time of India

time26-05-2025

  • Business
  • Time of India

Assam CM Himanta Biswa Sarma showcases state's electronics potential at national investors' meet in Delhi

NEW DELHI: Assam chief minister on Monday projected Assam as India's next big growth hub at the inaugural session of the Assam Electronics Round Table 2025 in New Delhi on Monday. He invited global and national electronics investors to capitalise on the State's robust infrastructure, strategic location, and favourable policies. Tired of too many ads? go ad free now The CM said that compared to Semiconductor Fabrication Facility (Fab) in Gujarat, the OSAT in Jagiroad, Assam is way ahead as 'it is in advanced stage with production of 48 million chips daily expected this year'. Sarma also met union civil aviation minister, Kinjarapu Rammohan Naidu and discussed expanding air connectivity and infrastructure in the Northeast Region. The union minister assured Sarma that work for Silchar's greenfield airport will begin this year and the crucial Rupsi airport will also be expanded. "Assam is central to the Northeast Region and to India's Act East Policy, given its proximity to Bhutan and Bangladesh,' Sarma said, underlining the State's growing economic clout and highlighting its consistent 13–15% GSDP growth over the past decade, excluding the pandemic years. The CM said that compared to Semiconductor Fabrication Facility (Fab) in Gujarat, the OSAT in Jagiroad, Assam is way ahead as 'it is in advanced stage with production of 48 million chips daily expected this year'. 'Unlike the Fab in Gujarat, our OSAT is already in advanced stages,' Sarma stated, adding that the Chief Secretary visits the site every 15 days to monitor progress. The State has already attracted Rs 5.30 lakh crore worth of investment proposals during Investors' Summit 2.0, with Rs 1.5 lakh crore grounded so far. Sarma announced upcoming projects including three satellite townships and 11 five-star hotels, along with a new terminal at Guwahati airport. Tired of too many ads? go ad free now To support the electronics ecosystem, the State is training youth in Bengaluru and through institutions like NIELIT and Assam Skill University, funded by ADB with Rs 1,000 crore. Generous incentives were also announced — 100% land allotment free of cost, GST reimbursements, and up to 200% incentive support under the Assam Electronics Policy, Industrial Policy, and Centre's UNNATI scheme. Calling Assam a gateway to the ASEAN market, Sarma said, 'We are embarking on a strategic journey to become a preferred destination for cutting-edge electronics and semiconductor manufacturing.' The event saw participation from key industry players including Tata Electronics, Jabil, VVDN, CP Plus, and NXP.

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