Reliance and Adani Group Commit ₹50,000 Crore Each for Assam's Technological and Economic Growth

Reliance To Invest ₹50,000 Crore in Assam for AI, Nuclear Energy & Data Centres

Mukesh Ambani, chairman of Reliance Industries, announced a significant investment of ₹50,000 crore in Assam over the next five years. This investment will focus on key sectors such as artificial intelligence (AI) and nuclear energy. Ambani made this announcement at the Advantage Assam Summit 2025, where he emphasised that Assam will become a 'technological paradise'. He shared that 'AI' also stands for 'Assam Intelligence'. The investment plan includes establishing an AI-ready data centre, which will provide AI-assisted services to students, patients, and farmers. The Summit was inaugurated by PM Narendra Modi, who emphasised the Northeast's immense potential and praised Assam's economic progress, which has doubled to ₹6 lakh crore in six years. Stressing improved connectivity, infrastructure, and investment opportunities, he urged industry leaders to harness Assam's potential and join the journey towards Viksit Bharat. Reliance will also build two world-class Compressed Bio Gas (CBG) hubs, which will produce 8 lakh tonnes of clean biogas annually, and set up a mega food park to enhance the value of Assam's agricultural produce. Moreover, the company will double the number of Reliance Retail stores from 400 to 800 and construct a luxurious, seven-star Oberoi Hotel. Ambani noted that these initiatives will create tens of thousands of direct and indirect employment opportunities for Assam's youth. "At the previous Summit in 2018, Reliance committed an investment of ₹5,000 crores in Assam. Since then, our investment in the state has exceeded ₹12,000 crore. Reliance will quadruple this investment in Assam to over ₹50,000 crore over the next five years in five priority areas," Ambani stated. The company aims to make Assam a hub for clean and green energy, aligning with the government's policy on nuclear energy. The state also made a mark in the semiconductor industry last year by leasing over 170 acres to the Tata Group for an ₹27,000 crore fabrication facility. Furthermore, Reliance recently announced its plans to construct what could become the world's largest data centre by capacity in Jamnagar. There were also plans to purchase NVIDIA's AI semiconductors and use renewable energy sources to power the facility. Notably, all these developments come amid a global surge in investments in AI infrastructure.

Adani Group, Mukesh Ambani's Reliance Industries commit Rs 50,000 cr investment in Assam

Adani and Reliance Industries have each committed to investing Rs 50,000 crore in Assam at the Advantage Assam 2.0 Summit. Mukesh Ambani announced plans for an AI-ready Data Center, among other projects. Adani Group's investments will span various sectors, including infrastructure and renewable energy. Tata and JSW are also set to invest significantly in the state.On Tuesday the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 started in Guwahati. While Adani group has committed to invest Rs 50,000 Crore, Reliance Industries Limited has also committed to invest Rs 50,000 crore. The Chairman of Reliance Industries Limited Mukesh Ambani while addressing the summit said, "AI will not only mean Artificial Intelligence but will also mean Assam Intelligence. In the previous Summit in 2018, Reliance had committed an investment of Rs 5,000 crores in Assam. Since then, our investment in the state has exceeded Rs 12,000 crore. In the coming years, Reliance will more than quadruple this investment in Assam to over Rs 50,000 crore over the next five years in the following five priority areas." "Our first priority is to make Assam Tech-Ready and AI-Ready. For us, Assam's digital transformation is a noble and patriotic mission. Reliance will establish an AI-ready Data Center in Assam, which will benefit... Students with AI assisted Teachers. Patients with AI assisted DOCTORS. Agriculture will benefit from AI assisted FARMERS. And AI will help Assam's youth to learn from home and earn from home. We will make Assam a hub of clean and green energy. This will include Nuclear Energy, in line with the Government's new policy to invite private participation in the nuclear industry," Ambani added. He further said, "Reliance will build two world-class hubs of Compressed Biogas (CBG) over wastelands in Assam. This will produce 8 lakh tonnes of clean biogas annually, enough to fuel 2 lakh passenger cars every day. We will help Assam become a major supplier of food and non-food consumer products to national and international markets. We will set up a Mega Food Park, which will add value to the abundant agricultural and horticultural produce of Assam. We will double the number of Reliance Retail stores in the state from existing 400 to 800 stores in the next five years. Our fifth priority is to boost the high-end hotel and hospitality economy in Assam. Reliance will build a luxurious, seven-star Oberoi hotel in the heart of Assam. These five mega initiatives will also create tens of thousands of direct and in-direct employment opportunities for the youth in Assam." Adani Group Chairman Gautam Adani said, "it is with great pride that I announce today the Adani Group's commitment to invest Rs 50,000 crore in Assam. Our investments will span across airports, atrocities, city gas distribution, transmission, cement, and road projects". N Chandrasekaran, Chairman, Tata Sons said that Tata Group is looking to install 5GW renewable energy in the next 5 years in Assam. Tata Group will invest in another large manufacturing Technology in the coming years which will create employment opportunities for 30,000 youths. Tata group will invest close to Rs 27,000 Crore in Assam. He added, " Tata Electronics is partnering with skilling industries to empower youths in the State. Sajjan Jindal, Chairman and MD, JSW Group said that the group is looking forward to investing in the renewable energy sector in Assam. Anil Kumar Chalamalasetty, Managing director of Greenko Group announced that the company will invest in two units in Assam with an investment of Rs 10,000 Crore. Already the company is working with Assam based Numaligarh Refinery Limited. Cairn Oil & Gas, part of Vedanta Group committed to an investment in exploration and production of oil and gas worth Rs. 50,000 crores in the region. Vedanta Group chairman Agarwal who is in Guwahati told ET, "we have three sites in Assam and Tripura. The investment will provide for the establishment of world-class Oil & Gas E&P facilities in Assam." He highlighted Assam's strategic location, pro-investment policies and expanding infrastructure, as key factors to fuel India's growth. He emphasised on the potential of the state to become a Mega basin, and India's energy production hub. Calling Assam an attractive investment destination, he expressed his company's commitment to play a pivotal role in the state's long-term, sustainable growth. He said, "Assam is abundant in natural resources and has the potential to become the world's Mega basin. We are poised to play a pivotal role in Assam's sustainable growth and development. With an investment exceeding Rs 50,000 crore, we will produce 100,000 barrels of oil and gas per day from Assam - making it a dominant hydrocarbon hub, while creating direct & indirect employment opportunities for 1 lakh youth."