Assam will host a major investment summit in February to formalise Memorandums of Understanding signed during the World Economic Forum in Davos, Chief Minister Himanta Biswa Sarma has announced, pegging the investment intent at nearly ₹1 lakh crore.
The summit, to be held in Guwahati between February 18 and 28, will bring together investors and stakeholders to convert the Davos commitments into firm agreements and implementation plans. Sarma said the initiative followed advice from the Prime Minister’s Office to formalise the understandings within the state.
“Our department is organising an investment summit in February where all the MoUs signed in Davos will be formalised here in Guwahati. We have attracted
an investment of almost one lakh crore, and that will be showcased in a program which we will do in February,” Sarma told reporters.
He added, “We have already decided that between 18 and 28 February, we will have a function in Guwahati.”
Sarma had represented Assam at the World Economic Forum Annual Meeting, becoming the first chief minister from the state to attend the global gathering. During the visit, he held meetings with international business leaders to pitch Assam as an emerging investment destination across manufacturing, technology, electronics and sustainability sectors.
Also read: Assam secures ₹1 lakh crore investment commitments at WEF debut
In the semiconductor and electronics space, the Chief Minister met senior executives from companies including Synopsys, Qualcomm, Analog Devices, Thermo Fisher Scientific, Honeywell and Henkel, and also held discussions with Tata Group chairman N. Chandrasekaran. The interactions focused on expanding Assam’s semiconductor and electronics ecosystem, with several firms expressing interest in collaboration.
On technology and artificial intelligence, Sarma engaged with IBM leadership on potential investments in data development, artificial intelligence applications and cybersecurity, with a delegation expected to visit Assam for further discussions.
Talks on sustainability and climate action included meetings with Ecora chief executive Ian Janson on biochar production, regenerative agriculture and afforestation projects aimed at carbon removal while supporting farming communities in the state.
The February summit is expected to provide a platform for sector-specific consultations, timelines for project execution and follow-up mechanisms to ensure investments translate into on-ground outcomes, as Assam looks to position itself as a key investment hub in the Northeast.
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