Investment proposals worth INR 40,000 cr received in last th
Investment proposals worth INR 40,000 cr received in last three-and-half years: Assam CM
Assam Chief Minister Himanta Biswa Sarma said that the state has received investment proposals worth INR 40,000 crore in the last three-and-a-half years.
GUWAHATI — Assam Chief Minister Himanta Biswa Sarma on Saturday said that
investment proposals worth INR 40,000 crore have been received in the state in
the last three-and-a-half years, with many of these projects in various stages of
implementation at present.
He was speaking at the inauguration of a new bottling plant
of Reliance Consumer Products Ltd's (RCPL) Campa Cola range here.
Spanning over 6 lakh sq ft, the plant, being developed in
collaboration with RCPL's local partner Jericho, is among the largest beverage
manufacturing units in the Northeast.
It has an initial production capacity of over 10 crore
litres for carbonated soft drinks (CSD) and nearly 18 crore litres for packaged
drinking water.
Highlighting that the facility will provide 300 direct and
1,000 indirect employment opportunities, Sarma said, "Our youth who were
working outside due to lack of industrialisation in the state can now return with
such plants coming up."
He said MoUs proposing investment of INR 40,000 crore have
been signed in the last three-and-half-years, and many of these are being
implemented at present.
"The atmosphere was not conducive for industrialisation
a few years ago. But the situation has changed," he asserted.
The chief minister said he was hopeful that the upcoming
Advantage Assam 2.0 summit will start the journey for private investment in the
state, which will help in development.
COO, RCPL, Ketan Mody, said in his speech that the opening
of the Guwahati plant in partnership with Jericho is an important milestone for
the company.
"Our operations here will generate new employment
opportunities, directly contributing to local economic growth. This expansion
is a key step in our strategy for reviving India's heritage brands while
fostering sustainable development of the region," he said.
Speaking at the launch, Ashis Agarwal, founder, Jericho Foods
and Beverages LLP, said, "The launch of this Campa bottling plant in
Guwahati is a proud milestone for Jericho Foods as a first-generation food and
beverage business from Assam. We are committed to establishing Assam as a
premier manufacturing destination, crafting superior products that enrich
lives."
The project, developed in partnership with Jericho, a
first-generation business house based in Guwahati, features cutting-edge
manufacturing technology with two world-class bottling lines – a 600 BPM (bottles
per minute) carbonated soft drink (CSD) line and a 583 BPM water production
line, a company statement said.
The plant will manufacture RCPL's popular beverage
portfolio, including Campa Cola, Campa Orange, Campa Lemon, Power Up, and
packaged drinking water under the Independence and Sure Water brands.
Primarily catering to consumer demand across Assam, other
northeastern states and northern West Bengal, the facility also has the
capability to supply other markets based on demand, the statement said.
