Sribhumi District Administration Signs MoUs with investors Worth Rs 121 Crore

As part of the ongoing Advantage Assam 2.0 investment summit, the Sribhumi District Administration has successfully signed Memorandums of Understanding (MoUs) totaling over ₹121 crore with private investors from the District. A total of 32 MoUs were executed that would be streamed through a single-window system for approval, reinforcing the State’s commitment to the ease of doing business initiative.

The MoUs encompass a diverse range of sectors, including aerated drinks and snacks, tiles manufacturing, food and beverages, mines and mineral export, and wooden furniture manufacturing etc, underscoring the district’s potential for industrial growth.

Addressing the investors, District Commissioner Pradeep Kumar Dwivedi, IAS, extended a warm welcome to the entrepreneurs. He assured that the District Administration, on behalf of the State Government, will provide full support in line with the Industrial Policy of the State. Commissioner Dwivedi encouraged emerging entrepreneurs to capitalize on this momentum and actively contribute to reshaping the state’s industrial landscape.

The Commissioner further assured attendees that power infrastructure in the district have already been adressed with the establishment of few more substations shortly. Additionally, the administration will also organize bi-party meetings with financial institutions at regular intervals to resolve banking-related hurdles.

The Advantage Assam 2.0 summit, held at Guwahati, was live-streamed in the event in Sribhumi. Participants had the opportunity to witness addresses made by Hon’ble Prime Minister Shri Narendra Modi and Hon’ble Chief Minister Dr. Himanta Biswa Sarma. The event also featured insights from industry leaders such as Mukesh Ambani ,Chairman and Managing Director of Reliance Industries; Gautam Adani, Chairman of Adani Group; N. Chandrasekaran,Chairman of Tata Sons; Abhijit Baruah,Managing Director, Premier Cryogenics Ltd. and S.R Deka of SRD Group etc.

Commissioner Dwivedi further emphasized that the Sribhumi District Administration remains steadfast in its commitment to fostering industrial growth and creating a business-friendly environment for investors.