Assam Cabinet Approves Major Investments, Urban Development, and Policy Reforms
25 Feb 2025
2 Min Read
CW Team
The Assam state Cabinet, led by Chief Minister Himanta Biswa Sarma, has approved a series of strategic investments, urban development projects, healthcare reforms, and policy updates in the textile and biotechnology sectors.
A key highlight of the meeting was the approval of Memorandums of Understanding (MoUs) set to be signed at the upcoming Advantage Assam Summit. The summit, Assam’s premier global investment forum, aims to position the state as a major economic hub in the Northeast by attracting investments across industries such as manufacturing, logistics, IT, and renewable energy. Having first launched in 2018, the event has been instrumental in driving global investor interest, and the 2025 edition is expected to witness participation from over 60 countries.
To tackle rising urban congestion, the Cabinet approved the construction of a new flyover at Amolapatty Junction along old NH-37 in Dibrugarh, a crucial commercial hub. Additionally, Rs 554.5 million has been sanctioned for urban infrastructure projects in Tier 2 and Tier 3 cities, aimed at ensuring balanced regional development.
In a significant boost to the healthcare sector, the Cabinet greenlit the Dynamic Assured Career Progression (DACP) Scheme for 2025. Designed to retain and incentivise doctors in government medical colleges, the initiative promises structured career growth and financial incentives, strengthening Assam’s public healthcare system and medical education standards.
The state’s traditional textile industry also received a major push with the approval of the Textiles and Apparel Policy, Assam, 2025, which seeks to foster an investor-friendly environment by improving access to raw materials and skilled manpower. Assam, renowned for its unique handloom traditions such as Muga silk, Eri, and Assamese cotton weaves, aims to scale up production by integrating modern manufacturing techniques.
Further, amendments to the Assam Biotechnology Policy (2022-2027) were approved to align it with the BioE3 Policy, designed to drive innovation in biotechnology research, industrial growth, and entrepreneurship. The state has been increasingly focusing on biotech-driven agriculture, pharmaceuticals, and environmental sustainability, positioning itself as a rising player in the sector.
The Assam state Cabinet, led by Chief Minister Himanta Biswa Sarma, has approved a series of strategic investments, urban development projects, healthcare reforms, and policy updates in the textile and biotechnology sectors.
A key highlight of the meeting was the approval of Memorandums of Understanding (MoUs) set to be signed at the upcoming Advantage Assam Summit. The summit, Assam’s premier global investment forum, aims to position the state as a major economic hub in the Northeast by attracting investments across industries such as manufacturing, logistics, IT, and renewable energy. Having first launched in 2018, the event has been instrumental in driving global investor interest, and the 2025 edition is expected to witness participation from over 60 countries.
To tackle rising urban congestion, the Cabinet approved the construction of a new flyover at Amolapatty Junction along old NH-37 in Dibrugarh, a crucial commercial hub. Additionally, Rs 554.5 million has been sanctioned for urban infrastructure projects in Tier 2 and Tier 3 cities, aimed at ensuring balanced regional development.
In a significant boost to the healthcare sector, the Cabinet greenlit the Dynamic Assured Career Progression (DACP) Scheme for 2025. Designed to retain and incentivise doctors in government medical colleges, the initiative promises structured career growth and financial incentives, strengthening Assam’s public healthcare system and medical education standards.
The state’s traditional textile industry also received a major push with the approval of the Textiles and Apparel Policy, Assam, 2025, which seeks to foster an investor-friendly environment by improving access to raw materials and skilled manpower. Assam, renowned for its unique handloom traditions such as Muga silk, Eri, and Assamese cotton weaves, aims to scale up production by integrating modern manufacturing techniques.
Further, amendments to the Assam Biotechnology Policy (2022-2027) were approved to align it with the BioE3 Policy, designed to drive innovation in biotechnology research, industrial growth, and entrepreneurship. The state has been increasingly focusing on biotech-driven agriculture, pharmaceuticals, and environmental sustainability, positioning itself as a rising player in the sector.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..