Unlock the Potential

Why Assam?

Nestled in the vibrant northeast of India, Assam is a region teeming with potential and rapid economic growth. Spanning an area of 78,000 square kilometers and home to a population of 31.2 million, Assam is characterised by its rich natural resources and a dynamic economy. Over the past decade, Assam has emerged as one of the fastest-growing economies in India, boasting a remarkable compound annual growth rate (CAGR) of 12.62%.

With a Gross State Domestic Product (GSDP) of $69.5 billion (nominal), Assam has shown a robust growth rate of 19% in the last fiscal year alone. The economic structure of Assam is well-balanced among its primary, secondary and tertiary sectors, contributing 35%, 19%, and 46% respectively to the economy.

img img img
shape shape shape

Assam's Economic Vision for 2030

Assam is set on an ambitious path to reshape its economic landscape by the year 2030. With a strategic vision to double the state's economy from its current GSDP of US$ 69.5 billion in fiscal year 2024 to US$ 143 billion, Assam is aligning its resources and policies to fuel significant growth. The state plans to invest $25 billion in capital outlay by the end of fiscal year 2030, fostering substantial public and private sector collaboration.

Assam: A leader in several natural resources

  • Global Leader in Silk Production
    • Holds a global monopoly in Muga & Eri silk production.
    • Produces 97% of India’s Muga silk and 65% of Eri silk.
  • Largest Tea-Growing Region Globally
    • Accounts for over 50% of India's total tea production.
  • Onshore Natural Gas Production
    • Assam contributes approximately 50% of India's onshore natural gas production.
  • Freshwater Resources
    • Home to the Brahmaputra River basin with an annual flow of 537.2 billion cubic meters.
  • National Leader in Other Resources
    • Second largest jute producer with 1.6 million bales annually.
    • Fourth largest in rubber production.
    • Second highest number of national parks with 7 national parks.
    • Along with the Northeast region, houses nearly 66% of India's bamboo resources.

Assam is leveraging its strategic position and rich resources to establish itself as a leader in industrial development and infrastructure enhancement.

  • Tata Electronics OSAT Facility
    • India's largest OSAT (Outsourced Semiconductor Assembly and Test) facility located in Jagiroad.
  • Oil Refineries
    • Houses 4 oil refineries with a current capacity of 7.1 MMTPA, expanding to 13.95 MMTPA.
  • Longest River Bridge
    • Home to the Dhola-Sadiya Bridge, the longest river bridge in India, spanning 9.15 kilometers.
  • Leader in Onshore Natural Gas
    • Assam contributes approximately 50% of India's onshore natural gas production.
Why

Assam

01

Strategic Location

Read More

02

Infrastructure-led Growth

Read More

03

Logistics & Connectivity

Read More

04

Robust Industrial & Trade Infrastructure

Read More

05

Human Capital

Read More

06

Ease of Doing Business(EODB)

Read More
service-btn Literacy Rate

Literacy Rate

Male 77.85%, Female 66.27% (as per Census 2011)

service-btn Female/Male Ratio

Female/Male Ratio

1000 males per 958 females (as per Census 2011)

service-btn Population Size

Population Size

3.12 Cr. (as per Census 2011)

service-btn Youngest Workforce

Youngest Workforce

 

back top