Advantage Assam Summit: Star Cement to invest Rs 3,200 cr in Assam; multiple MoUs inked
Guwahati: Star Cement Ltd has proposed to set up a Rs 3,200-crore cement clinker and grinding plant in Assam, The Economic Times reported.
Chief Minister Himanta Biswa Sarma said that a Memorandum of Understanding (MoU) in this regard was signed between the state government and the company on Wednesday, the concluding day of the Advantage Assam business summit.
Apart from this, an agreement was inked between the state government and Matheson Hydrogen Lvt Ltd, which is willing to set up a Rs 1,500-crore hydrogen and steam generation plant.
The state government also signed a Rs 500-crore MoU with Global Health Ltd, while two non-financial agreements were signed with ITE Education Service.
Sarma said he was grateful to the companies for their support, and noted that more agreements will be signed during the day.
A total of 164 MoUs of investment proposals with companies in 15 sectors were signed on day one of the 'Advantage Assam 2.0 Investment and Infrastructure Summit 2025' on Tuesday.
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