Guwahati, Feb. 25 -- Billionaire industrialists Mukesh Ambani and Gautam Adani on Tuesday announced plans to invest Rs 50,000 crore each in Assam across various sectors, Business Standard report.

The commitments were made at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati, which was inaugurated by Prime Minister Narendra Modi.

Addressing the summit, Reliance Industries Chairman Mukesh Ambani stated that his company's Rs 50,000 crore investment would accelerate Assam's development and establish it as a hub of technological innovation.

He highlighted Assam's shift from the "periphery to the centre of India's development map" and praised the government's 'Act East, Act Fast, Act First' initiative.

According to hi...