Assam Chief Minister Himanta Biswa Sarma described the opening of HDFC Bank’s Tech & Digital Factory as a “major milestone” in the state’s economic development and stated that the state government has started converting investment pledges made at Advantage Assam 2.0 into tangible projects on the ground. Sarma opened HDFC Bank’s Tech & Digital Factory, a major step towards the state’s digital and financial infrastructure, citing it as a major result of the Memorandums of Understanding (MoUs) inked during Advantage Assam 2.0.
He said that the administration has been keeping a careful eye on how the pledges made during the investment summit are being carried out. We are rigorously adhering to all of the Memorandums of Understanding that we signed at 2.0 Advantage Assam, so this is a fantastic milestone. Many of the promises made during that period have already begun to materialize. The inauguration today is one such instance, Sarma stated. Speaking of the summit, Sarma stated that the government’s emphasis on timely execution is demonstrated by the Tech & Digital Factory, which was one of the pledges made during Advantage Assam 2.0 and is expected to be completed within a year.
He continued, “Within just one year, it has been translated into reality,” highlighting the administration’s focus on making sure that investment announcements are not limited to paperwork. According to the Chief Minister, the new digital facility will help Assam achieve its larger goal of becoming a technology-driven growth powerhouse in the Northeast, create jobs, and improve the state’s standing in the banking technology and fintech ecosystem. With the state government seeing Advantage Assam 2.0 as a turning point in accelerating industrial growth, digital transformation, and private sector participation, the inauguration also signifies increased investor confidence in Assam’s economic climate.
