Assam is actively courting investment in its burgeoning textile sector, as evidenced by a recent Investors’ Roadshow held as a prelude to the “Advantage Assam 2.0: Investment and Infrastructure Summit 2025,” scheduled for February 25-26. While the roadshow showcased diverse investment opportunities across various sectors, textiles emerged as a key focus area, with significant potential for growth and development.
Among the 200 companies exploring investment prospects in Assam, the textile industry was notably represented, signalling a growing interest in the state’s textile potential. Assam’s Minister for Health & Family Welfare and Irrigation, Ashok Singhal, emphasized the state’s strategic advantages, highlighting its geographical position as a gateway to South and Southeast Asia. This strategic location offers textile businesses access to a vast market, reaching 30% of the global population within a short flight.
Assam’s impressive economic growth, with its GSDP surging from $29 billion in 2013-14 to a projected $85.8 billion in the current financial year, provides a strong foundation for textile industry expansion. This economic dynamism, coupled with the state’s rich textile heritage, creates a compelling environment for investment.
While specific textile-focused projects were not detailed in this particular roadshow, the event highlighted key infrastructure developments that will directly benefit the textile sector. The development of India’s first International Multi-Modal Logistics Park in Jogighopa under the Bharatmala programme will significantly improve supply chain efficiency for textile businesses. The Dhubri-Phulbari bridge, reducing travel time between Bhutan and Bangladesh, further enhances connectivity and trade opportunities for the textile industry in the region.
The presence of major players like Shahi Exports, who engaged in discussions with the state government, underscores the serious interest from established textile businesses in exploring Assam’s potential. The state’s focus on sustainable tourism, leveraging its natural heritage and national parks, also presents opportunities for developing eco-friendly and sustainable textile products.
Assam’s commitment to forward-looking policies in green energy and emerging technologies, including Green Hydrogen, also has implications for the textile sector, potentially driving the adoption of more sustainable manufacturing practices. As Assam prepares for the “Advantage Assam 2.0” summit, the textile industry is poised to be a significant beneficiary of the state’s investment drive, promising a vibrant future for textile production and trade in the region.
