Assam Cabinet Approves Major Investments, Urban Development, and Policy Reforms
ECONOMY & POLICY

Assam Cabinet Approves Major Investments, Urban Development, and Policy Reforms

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
Infrastructure Transport

Lack of Bidders Stalls VOC Port’s Rs 70.56 Bn Harbour Project Again

The VOC Port Authority’s Rs 70.56 billion outer harbour project has once again faced a setback, with the latest tender process cancelled due to the absence of qualified bidders. This marks the second failed attempt to secure participation for the mega infrastructure initiative.The tender has reportedly been withdrawn from the active list of bids, and the authority is now expected to re-evaluate and possibly restructure the project to enhance its appeal to potential developers.The port authority had initially floated the Request for Proposal (RFP) in December 2024, following the cancellation ..

Next Story
Infrastructure Transport

Sea Lord Containers Opens Cryogenic LPG Terminal in Mangalore

Sea Lord Containers (SCL), a wholly-owned subsidiary of Aegis Logistics, has commissioned a new cryogenic Liquified Petroleum Gas (LPG) terminal in Mangalore. The facility, which became operational on 12 June 2025, offers a static storage capacity of 82,000 metric tons (MT), significantly strengthening the region’s LPG logistics infrastructure.The terminal was developed by SCL on behalf of Aegis Vopak Terminals, an associate company of Aegis Logistics. The asset is expected to be transferred to Aegis Vopak Terminals Limited at a later date, with formal updates to be shared separately with st..

Next Story
Infrastructure Urban

Cochin Port and Oil India Partner for Offshore Exploration Support

The Cochin Port Authority (CoPA) has signed a Memorandum of Understanding (MoU) with Oil India (OIL) to establish a shore base facility supporting offshore oil exploration in the Kerala-Konkan Basin. The agreement was formalised at a ceremony held at CoPA, Willingdon Island, on 12 June 2025, in the presence of senior officials from both organisations.Under the partnership, Cochin Port will provide critical logistics infrastructure for OIL’s offshore drilling operations, expected to begin later in 2025. The planned shore base will include a dedicated warehouse, dry bulk handling plant, and an..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?