Assam Chief Minister Himanta Biswa Sarma addressed over 160 Japanese business leaders at the Advantage Assam 2.0 Japan roadshow, where he highlighted Assam’s economic growth and favourable business environment.

Taking to X, Mr Sarma said, “I spoke to over 160 Japanese business leaders on Assam’s economic miracle and ease-of-doing business. Since 2014, Assam’s economy is set to triple next year, representing a phenomenal sustained growth rate of 12.4%. (sic)

“Our single window mechanism and USD $3.2 billion production linked incentives makes our State a shining beacon for investment opportunities. We look forward to Assam playing a catalysing effect on the strong economic bond between India and Japan,” he wrote.

A great beginning to the #AdvantageAssam2 Japan Road Show!

I spoke to over 160 Japanese business leaders on Assam’s economic miracle and ease-of-doing business.

Since 2014, Assam’s economy is set to triple next year, representing a phenomenal sustained growth rate of 12.4%.… pic.twitter.com/Spii4xJQWl

— Himanta Biswa Sarma (@himantabiswa) January 22, 2025

During his speech, the Chief Minister emphasised Assam’s vital role in India-Japan relations, pointing out the state’s 12.4% growth rate and production-linked incentives offered to investors.

On Tuesday, Mr Sarma had met with business leaders and other key people in South Korea to discuss working together in areas like renewable energy, semiconductors, small and medium businesses, and startups.

Chief Minister Sarma spoke about how South Korea’s knowledge could help Assam build a strong semiconductor system because of its knowledge and expertise.

He mentioned that there is a huge opportunity for growth in this area in Assam and that global companies can set up their businesses there, with support from both the state and Union governments.

In separate meetings with Dr Joon Choi, Vice President of SK Hynix, and Lee Young Joo, CEO of Seoul Viosys, two leading semiconductor firms, Mr Sarma underscored the strong policy support from the Government of Assam for the semiconductor industry.

He also talked about plans to create a special township and semiconductor cluster to help grow the industry in Assam. Dr Sarma invited both companies to join the Advantage Assam 2.0 event, which will be held in Guwahati on February 25-26.

Assam Chief Minister Himanta Biswa Sarma rolled out the red carpet for potential investors during the Advantage Assam 2.0 roadshow held in Seoul on Monday.

With over 140 business leaders in attendance, the event, organised by the Indian Chamber of Commerce in South Korea, showcased the state’s potential as a key investment hub for global businesses.

Taking to X, Himanta Biswa Sarma said, “I began the day in Seoul by speaking to over 140 business leaders at the Advantage Assam roadshow, organised by the Indian Chamber of Commerce in South Korea. Their enthusiasm towards being a part of #AdvantageAssam2 was phenomenal. The Korean business community was buoyed by India’s position as the world’s fastest growing major economy and the unique opportunities Assam can offer to them to access this market.”

Advantage business ties!

I began the day in Seoul by speaking to over 140 business leaders at the Advantage Assam roadshow, organised by the Indian Chamber of Commerce in South Korea.

Their enthusiasm towards being a part of #AdvantageAssam2 was phenomenal. The Korean… pic.twitter.com/819VOOtI2B

— Himanta Biswa Sarma (@himantabiswa) January 20, 2025

The roadshow provided a platform for engaging with potential investors and offering insights into the vast opportunities for collaboration, growth, and investment that Assam has to offer.

“Coming to Assam will be very, very special. I would like to invite all of you once again. Our Ambassador will facilitate the visit. Please do come and I will wait for a Korean delegation in the Advantage Assam conclave,” Mr Sarma said, extending a warm invitation to the attendees.

“I am of the firm belief that if Assam can house an automobile manufacturing ecosystem, we could transform the socio-economic landscape of the North East. Today during my meeting with CEOs and Leaders from South Korea’s automobile ancillary firms, I have offered them the unstinted support of our State, should they choose to build a base in Assam. With easy access to India’s $100-billion auto industry and that of South East Asia, Assam offers them unparalleled advantages” Mr Sarma said.

I am of the firm belief that if Assam can house an automobile manufacturing ecosystem, we could transform the socio-economic landscape of the North East.

Today during my meeting with CEOs and Leaders from South Korea’s automobile ancillary firms, I have offered them the… pic.twitter.com/iO6JTLashJ

— Himanta Biswa Sarma (@himantabiswa) January 20, 2025

The event also provided a glimpse into Assam’s position as a gateway to India’s rapidly expanding economy, with the Chief Minister emphasising the unique opportunities Assam presents to the Korean business community.

Guwahati:

Assam has launched a global investment drive in the run-up to the Advantage Assam 2.0, the state’s signature global investment and infrastructure summit, scheduled to be held in Guwahati on February 25 and 26.

Chief Minister Himanta Biswa Sarma is set to visit Japan and South Korea as part of a high-level delegation for roadshows organised by the Indian Embassy in Tokyo. The initiative, coinciding with Assam Week celebrations, seeks to position the state as a top investment destination, highlighting its strengths in education, industry, agriculture, and security. Mr Sarma will remain in Japan until January 25, before heading to Singapore.

Sharing his vision on social media, Mr Sarma emphasised Assam’s potential to become a leading Indian state through strategic investments and global partnerships. The visit follows his December 2024 trip to Bhutan, reinforcing Assam’s focus on fostering international economic collaborations.

Simultaneously, Industries & Commerce Minister Bimal Borah led Assam’s investment push in the United Kingdom, meeting Anil Agarwal, chairman of Vedanta Resources, in London. Discussions centred around potential collaborations in sustainable resource management and industrial development. Mr Borah also invited Mr Agarwal to the Advantage Assam 2.0 Summit.

Science, Technology & Climate Change Minister Keshab Mahanta conducted roadshows in Malaysia and Thailand, reporting strong interest from corporate leaders and investors.