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of <h1>Rs 5.18 Lakh Crore Investment Proposals Secured at Advantage Assam 2.0 Summit, Boosting Local Employment and Industry.</h1> Investment proposals totaling over Rs 5.18 lakh crore were secured at the 'Advantage Assam 2.0' business summit, as reported by the state Industries and Commerce Minister. This follows investments of Rs 64,900 crore from the summit's first edition. Since April 2016, multiple industries have benefited from various subsidy schemes, including NEIIPP, Freight Subsidy Scheme, and NEIDS. These industries employ 55,625 people, predominantly Assam residents. Additionally, land has been allocated for a Tata semiconductor unit and an industrial estate in Panchgram is being developed, with land leased to entities like Numaligarh Refinery Ltd and ONGC.
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