In a major boost to industrial development in Assam, Barpeta has emerged as a key investment destination under the Advantage Assam 2.0 initiative. On Wednesday, 75 Memorandums of Understanding (MoUs) were signed, securing a total investment of ₹202.22 crore. This landmark development is expected to accelerate economic growth, create employment opportunities, and enhance infrastructure in the district.
The investment agreements were formalized at a high-profile event at the District Commissioner’s Office in Barpeta, chaired by District Commissioner (DC) Rohan Kumar Jha. The event was attended by entrepreneurs, business leaders, government officials, and industry stakeholders, all keen on harnessing Barpeta’s industrial and commercial potential.
Advantage Assam 2.0: A Transformative Initiative
The Advantage Assam 2.0 initiative, launched by the Government of Assam, aims to attract large-scale investments to various districts and strengthen the state’s industrial landscape. The event in Barpeta showcased the government’s commitment to fostering entrepreneurship, encouraging industrialization, and creating an investor-friendly environment.
A highlight of the event was the live-streamed address by Prime Minister Narendra Modi, in which he emphasized the importance of Assam’s economic growth and the role of initiatives like Advantage Assam 2.0 in transforming the state into a major investment hub.
Key Sectors Receiving Investments
The 75 MoUs signed in Barpeta cover a diverse range of high-potential sectors, including:
- Healthcare – Investments in hospitals, medical facilities, and diagnostic centers
- Food Processing – Expansion of agro-based industries and food packaging units
- Hospitality – Development of hotels, resorts, and tourism infrastructure
- Infrastructure & Industrial Growth – Establishment of new industrial zones and commercial projects
These sectors have been identified as key drivers of Barpeta’s economy, with a focus on job creation, improved infrastructure, and increased business opportunities for local entrepreneurs.
Government’s Commitment to Industrial Development
District Commissioner Rohan Kumar Jha, in his address, reiterated the government’s commitment to industrial expansion in Barpeta. He stated that the administration is working closely with investors and business leaders to ensure the successful execution of the MoUs.
Additionally, General Manager of the District Industries and Commerce Centre (DICC), Pranjan Rajmedhi, provided insights into various government schemes supporting entrepreneurs. These include:
- Financial assistance programs for new businesses
- Subsidies for industrial projects
- Infrastructure development incentives
Rajmedhi assured investors and entrepreneurs that the government is actively addressing challenges related to land allocation, infrastructure, and regulatory clearances to ensure smooth business operations.
Infrastructure Development Plans in Barpeta
As part of the initiative to make Barpeta a key industrial hub, several major infrastructure projects have been announced:
- Industrial Park in Bahari – A 40-bigha industrial park under AIDC Ltd. is set to be established at Bahari, providing a dedicated space for industries to set up manufacturing units.
- New Industrial Zone in Sorbhog – 20 bighas of land have been allocated at Sorbhog to accommodate new investors and businesses.
- Expansion of Road and Power Infrastructure – The government plans to improve road connectivity, electricity supply, and water resources to support industrial growth.
These infrastructure initiatives aim to enhance ease of doing business, attract more investments, and create a robust industrial ecosystem in Barpeta.
Impact on Employment and Local Economy
The ₹202.22 crore investment in Barpeta is expected to generate thousands of job opportunities in various sectors. The healthcare, food processing, and hospitality industries will provide direct employment to skilled and unskilled workers, while support industries and service sectors will create indirect employment opportunities.
Additionally, local entrepreneurs and small businesses will benefit from:
- Improved supply chain networks
- Increased demand for local goods and services
- Opportunities to collaborate with larger industries
With the state government’s continued support, Barpeta is poised to emerge as a key contributor to Assam’s overall economic growth.
The success of Advantage Assam 2.0 in Barpeta signals a new era of industrialization and economic progress in the region. The state government’s focus on investor-friendly policies, infrastructure development, and business incentives will continue to drive growth and prosperity in the district.
Barpeta’s transformation into a major industrial hub is not just a regional success story but a major step in Assam’s broader vision for economic excellence. With continued government and private sector collaboration, the district is set to become a model for sustainable industrial growth and employment generation in the Northeast.
