From February 24 to 26, 2025, in Guwahati City, Assam State, India, the "2nd Investment and Infrastructure Summit - Advantage Assam" took place.
This is the largest event of the Assam state government to promote investment and business cooperation between enterprises within and outside India, with the participation of many large business representatives, investors and senior leaders from both India and internationally.
The event is also an important opportunity for Vietnam to exploit the potential for cooperation with the northeastern regions of India, especially in the context of increasingly strong relations between the two countries.
In his inaugural address, Prime Minister Narendra Modi said that Assam’s contribution to India’s growth has been steadily increasing over the years. In 2018, when the first Advantage Assam summit was held, the state’s economy was worth ₹3.25 lakh crore (about $30 billion) and has now grown to ₹6 lakh crore (nearly $60 billion). This shows that under the leadership of the BJP, Assam’s economy has doubled in just six years. The state has now become a key player in the Northeastern region of India.
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| Prime Minister Narendra Modi delivers opening remarks |
In terms of infrastructure development, as of 2014 there were only three bridges across the Brahmaputra River, but in the past 10 years four more bridges have been built, which has helped to enhance connectivity in the region through rail, air, road and water.
Prime Minister Modi stressed that “Assam is the gateway connecting India to the Southeast Asian region, the change is not limited to just infrastructure, natural resources and strategic location of Assam makes this state a preferred destination for investment”.
The Advantage Assam event showcased manufacturing capabilities and investment opportunities in Assam, with a special focus on sectors such as infrastructure and connectivity, energy, digital economy, information technology, defence, aerospace, automobile manufacturing, sports, pharmaceuticals, healthcare, agriculture, tourism and financial services. The conference was an ideal platform for government-to-business (G2B) meetings as well as business-to-business (B2B) networking.
The conference has attracted special attention from the Government of India and top Indian business leaders. External Affairs Minister S Jaishankar, Shipping and Ports Minister Sarbananda Sonowal, Communications and North Eastern Development Minister Jyotiraditya Scindia, Governor of Assam Lakshman Prasad Acharya; Chief Ministers and Ministers of Assam and Tripura, Himanta Biswa Sarma and Manik Saha attended the inaugural session.
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| Mr. Gautam Adani, Chairman of Adani Group, speaking at the conference |
Leaders of major Indian corporates including Mr. N Chandrasekaran of Tata Group, Mr. Mukesh Ambani of Reliance, Mr. Gautam Adani of Adani Group, Mr. Prashant Ruia of Essar Group, Mr. Anil Agarwal of Vedanta and Mr. Sajjan Jindal of JSW Group, delivered speeches at the inaugural session of the summit and pledged to invest in various sectors in the coming years.
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(Commercial Counselor Bui Trung Thuong (center) works with Indian partners) |
The Advantage Assam 2.0 conference has provided an important opportunity for Vietnam and the northeastern states of India to enhance investment and business cooperation. Commercial Counselor Bui Trung Thuong attended the event and clearly expressed Vietnam's desire to expand trade and investment relations with India, especially in the context of the northeastern states of India attracting the attention of international investors. This event not only promotes economic relations between the two countries but also creates opportunities for cooperation and sustainable development in the future.
Commercial Counselor Bui Trung Thuong met and worked with Indian businesses at the exhibition fair within the framework of Advantage Assam 2.0 Conference.
Source: https://congthuong.vn/hoi-nghi-advantage-assam-20-co-hoi-thuc-day-dau-tu-hop-tac-giua-viet-nam-va-an-do-376244.html
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