Assam, Star Cement ink Rs 1,400 cr investment pact

15 May 2023 CW Team

Star Cement and the Government of Assam signed a Memorandum of Understanding (MoU) today for an investment of Rs 1,400 crore in the state.

The MoU was signed by Chief Minister Himanta Biswa Sarma, Minister of Industry & Commerce Bimal Bora, Star Cement Chairman Sajjan Bhajanka and Executive Director Tushar Bhajanka.

The investment will be used to set up a cement grinding unit in Guwahati, another cement grinding unit in Cachar, as well as AEC Block and other construction manufacturing units in Guwahati.

The investment is expected to create thousands of direct and indirect jobs in the state.

Sajjan Bhajanka said that he felt privileged to be a part of this historic day and that their investment would contribute to the development of infrastructure in the state. He also said that they hoped to promote industrial activity in the state and become a dedicated agent in the overall development of the region.

Chief Minister Himanta Biswa Sarma called it a "red letter day" for the state and said that it had received Rs 8201.29 crore in private investment. He also said that they had resolved the fault line in their society and that they hadn't seen any bandh or agitation that endangered the industrial environment of the state in the last two years.

The investment by Star Cement is a major boost for the state's economy and will help to create jobs and promote industrial activity. It is also a sign of confidence in the state's investment climate.

Also Read
Bids are being sought for multi-state railway station construction
India plans to use green hydrogen fuel at major ports by 2035

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..