Assam eyeing GSDP of $143 billion by 2030

Bengaluru: The Assam government is playing up the state’s strategic geographical location and proximity to South and Southeast Asia with the ability to reach 30 per cent of the global population within a 3-4 hour flight, as selling points for prospective investors.

Speaking during a roadshow in Bengaluru, on Tuesday, in the run-up to he Advantage Assam 2.0 Investment and Infrastructure Summit, scheduled for February 25-26 this year in Guwahati, Ashok Singhal, Minister of Health and Family Welfare, Irrigation, Government of Assam, said, “The state’s Gross State Domestic Product (GSDP) has surged from $29 billion in 2013-14 to $68.7 billion in 2023-24, with a projected GSDP of $143 billion by 2030.”

Key initiatives driving Assam’s growth that were highlighted were infrastructure development, manufacturing expansion to new sectors, a focus on green energy and defence technology, and its tourism potential.

Singhal reiterated the state’s commitment to creating a business-friendly environment and highlighted schemes and acts by the central government that provide incentives for investments in Northeast India.

The roadshow was collaboratively organised by the Assam Industrial Development Corporation Ltd and FICCI.