The Assam government will sign a Memorandum of Understanding (MoU) with the globally renowned KPC Group during the Advantage Assam 2.0 Investment and Infrastructure Summit 2025. This high-profile summit, set to be held from February 25-26 at the Veterinary Field in Khanapara, Guwahati is expected to draw policymakers, industry leaders and global investors to explore investment opportunities in Assam. The partnership with KPC Group is expected to play a vital role in advancing the state’s economic growth and infrastructure development. KPC Group, led by its founder and chairman, Dr. Kali Pradip Chaudhuri, has a legacy rooted in 230 years of Indian entrepreneurial tradition. Dr. Chaudhuri, an orthopedic surgeon and American NRI, transformed his vision into a multi-industry global empire. His expertise spans healthcare, real estate, education, and biotechnology
KPC’s flagship projects include the KPC Hollywood Park Hotel, a luxury hotel adjacent to the iconic SOFI Stadium, and the KPC Coachella project, which encompasses plans for 17,500 residential units and over 3 million square feet of mixed-use commercial space. Other notable developments include the Mount Palomar Winery and KPC Hemet Shopping Center in California. This partnership is expected to bolster Assam’s status as a preferred investment destination. Assam’s strategic location as the gateway to Northeast India and Southeast Asia has positioned it as a hub for sectors like infrastructure, agriculture, tourism, IT and food processing. The state’s economic growth has been robust, with Gross State Domestic Product (GSDP) increasing by 19.5% year-on-year in FY 2023. Landmark investments, such as Tata’s USD 3.3 billion Outsourced Semiconductor Assembly and Test (OSAT) project in Jagiroad, further underscore Assam’s growing importance in India’s industrial landscape.
The Advantage Assam 2.0 summit is designed to connect investors with policymakers and facilitate discussions on expanding export-oriented manufacturing and boosting industrial output. The Assam Industrial Development Corporation Limited (AIDC) has established a Facilitation Cell to review investor applications and provide support throughout the investment process. Chief Coordinator of KPC Group Santanu Ghosh received confirmation of his ‘Intention to Invest’ submission under this initiative. The Facilitation Cell will collaborate with investors like Ghosh to ensure efficient processing, offer guidance, and create a collaborative environment for business growth. The state government’s strategic vision for the summit also includes inviting global industry giants like KPC Group to further enhance Assam’s investment ecosystem. By promoting partnerships with businesses that have a proven track record in multiple sectors, Assam is aiming for long-term economic growth and employment generation.
