The Assam Cabinet has approved an investment of Rs. 110 bn by JK Lakshmi Cement for a clinker manufacturing unit and four associated cement grinding units in the state. Chief Minister Himanta Biswa Sarma announced the decision on 24 September 2026, along with approvals covering wetland restoration and industrial support.

The proposed cement investment is expected to generate around 2,000 direct jobs. The project forms part of the state government’s latest measures to attract manufacturing activity and strengthen industrial infrastructure. The Cabinet also approved a State Capital Investment Subsidy for eligible manufacturing units covered by the substantive provisions of the Uttar Poorva Transformative Industrialization Scheme, or UNNATI, 2024.

The subsidy will apply to units that qualified under the scheme but were unable to secure registration by the extended deadline of 30 September 2026. The measure is intended to support eligible businesses that missed the registration process while continuing to meet the scheme’s substantive requirements.

The Cabinet also cleared an Asian Development Bank (ADB)-funded project for the restoration and rehabilitation of at least 102 derelict community beels across Assam. The ADB loan component is Rs. 6.38 bn, while the Assam government’s contribution will be Rs. 1.59 bn.

In another decision, the Cabinet approved a rent-based or pro bono arrangement for constructing a laboratory and ancillary infrastructure for the Spices Board under the Ministry of Commerce and Industry. The facility will be built at Ulubari in Guwahati, with the Agriculture Department coordinating with the Public Works Department (Buildings) to construct it according to designs and specifications provided by the board.