Tuesday, February 25, 2025
HomeAll NewsBiomassJSW group eyes cement, thermal, and renewable energy expansion in Assam

JSW group eyes cement, thermal, and renewable energy expansion in Assam

JSW Group Chairman Sajjan Jindal has unveiled plans to strengthen the conglomerate’s presence in Assam, focusing on the cement and energy sectors, and reaffirming the company’s commitment to contributing to the region’s economic growth.

At the Advantage Assam 2.0 Investment & Infrastructure Summit 2025, Jindal emphasized the pivotal role the North East plays in India’s overall development. “If the North East thrives, the entire country will progress,” he said.

Jindal highlighted that JSW Group is looking into establishing cement plants in Assam to cater to the growing demand in the region. Additionally, recognizing Assam’s increasing electricity needs, the company is planning to set up large-scale thermal and renewable energy plants to support the state’s energy requirements.

“JSW Group is exploring the possibility of building cement plants in Assam to meet the region’s rising cement demand. Furthermore, with Assam’s growing energy needs, we are focusing on both renewable and thermal energy, planning to develop large-scale energy plants,” he stated. He added that these investments would accelerate Assam’s growth and create new employment opportunities.

The Advantage Assam 2.0 Summit, designed to attract investments and boost economic development, has brought together key business and political leaders in Guwahati. Prime Minister Narendra Modi, along with Union Ministers Dr. S. Jaishankar, Jyotiraditya Scindia, and Sarbananda Sonowal, are in attendance, alongside top industrialists like Reliance Industries Chairman Mukesh Ambani and Adani Group Chairperson Gautam Adani, signaling strong private sector interest in Assam’s rapidly expanding industrial and infrastructure sectors.

On Tuesday, Prime Minister Modi praised Assam’s swift economic progress, noting that the state’s economy has doubled in the past six years under the BJP government. He also emphasized the historical importance of Eastern India and the Northeast, stating that the region is poised to “demonstrate its strength” as India advances towards greater development.

Modi described the Advantage Assam initiative as a crucial platform for connecting Assam’s vast potential with global investment opportunities. With JSW Group and other major corporations committing to investments, Assam is set to experience significant economic transformation, driving industrialization, job creation, and sustainable energy development in the state.

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