India's growth story remains certain despite global uncertainties, says Narendra Modi at inauguration

He emphasized that today's India is working with a long-term vision for the next 25 years of this century.

Speaking at the launch of Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, Assam, Modi said: "East India and North East India are embarking on a new journey of future today and Advantage Assam is a mega initiative to intertwine the incredible potential and progress of Assam with the world.”

The Prime Minister said, “Today, when we are progressing towards Viksit Bharat, Eastern India and North East will display their true potential."

Assam's Growth

Modi said, “Assam's contribution to India's growth is steadily increasing."

He said that the first edition of the Advantage Assam Summit was held in 2018, at which time Assam's economy was valued at ₹2.75 lakh crore.

"Today, Assam has become a state with an economy of approximately ₹6 lakh crore," he said, emphasizing that under their government, Assam's economy has doubled in just six years.

Touching upon the rapid expansion of air connectivity in Assam, the Prime Minister said that until 2014, flights operated on only seven routes, but now there are flights on nearly 30 routes.

This expansion has provided a significant boost to the local economy and created employment opportunities for the youth, he added.

Modi emphasized that these changes are not limited to infrastructure alone, but there were unprecedented improvements in law and order, with numerous peace accords signed in the past decade and long-pending border issues resolved.

He underscored that every region, every citizen, and every youth in Assam is working tirelessly for the state's development.

“India is undergoing significant reforms across all sectors and levels of the economy and continuous efforts have been made to enhance the Ease of Doing Business, and a comprehensive ecosystem has been established to promote industry and an innovation culture," said Modi.

Assam Sets USD 150 Billion Economy Target

Modi pointed out that Assam has set a target to achieve a $150 billion economy by 2030.

He expressed confidence that Assam can achieve this goal, attributing it to the capable and talented people of Assam and the commitment of their Government.

Remarking that Assam is emerging as a gateway between South East Asia and India, Modi said, to further this potential, the Government has launched the North East Transformative Industrialization Scheme, 'Unnati.'

He highlighted that the 'Unnati' scheme will accelerate industry, investment, and tourism across the entire North East region, including Assam.

Electronic Sector

The Prime Minister projected that by the end of this decade, the value of the electronic sector will reach $500 billion.

He said, “With India's speed and scale, the country will emerge as a major force in semiconductor production, creating employment for millions and benefiting Assam's economy.”

“India has made policy decisions over the past decade while understanding its environmental responsibilities and the world considers India's Renewable Energy Mission as a model practice,” said the Prime Minister.

He highlighted that India has made significant investments in solar, wind, and sustainable energy resources over the past ten years.

"This has not only fulfilled ecological commitments but also expanded the country's renewable energy production capacity multiple times," he added.

Renewable Energy

Modi noted that the country has set a target to add 500 GW of renewable energy capacity by 2030.

“Government is working on a mission to achieve an annual green hydrogen production of 5 million metric tons by 2030,” he said.

"Impressing that Eastern India will play a significant role in making India a developed nation by 2047," Modi said.