Kolkata, March 1, 2025 – Kothari Industrial Corporation, a leading diversified conglomerate, has announced a major investment of ₹500 crore in the northeastern state of Assam. This strategic move is aimed at expanding the company’s footprint in the region and fostering industrial development in the state.
The investment will primarily focus on setting up manufacturing facilities, strengthening supply chains, and enhancing the local economy by creating thousands of new jobs. The company has outlined plans to build a state-of-the-art industrial park in Guwahati, which will serve as a hub for several of its key business verticals, including textiles, chemicals, and consumer goods.
Kothari Industrial Corporation’s decision to invest in Assam comes at a time when the state is witnessing a growing interest from both national and international companies looking to tap into the region’s vast potential. The government of Assam has been actively working to improve infrastructure, provide favorable policies, and create a business-friendly environment, making it an attractive destination for investors.
Speaking about the investment, Mr. Ravi Kothari, Chairman and CEO of Kothari Industrial Corporation, said, “We see immense potential in Assam as a key growth market. This investment is not only about business expansion but also about contributing to the economic growth of the region. We are committed to creating jobs, fostering innovation, and bringing sustainable development to the people of Assam.”
The government of Assam has welcomed Kothari Industrial Corporation’s investment, viewing it as a significant boost to the state’s industrial landscape. Chief Minister Himanta Biswa Sarma expressed his appreciation, stating, “Kothari Industrial Corporation’s decision to invest in Assam is a testament to the improving business climate here. We are excited about the prospects of this investment, which will bring in not only employment but also technological advancement.”
Kothari’s investment is expected to have a ripple effect on the local economy, with numerous small and medium enterprises set to benefit from enhanced business opportunities and infrastructure development.
The company is also focused on sustainability, with plans to incorporate green technologies and renewable energy solutions into its operations, aligning with the state’s goals of fostering environmentally responsible industrial growth.
As Assam continues to emerge as an industrial powerhouse in the northeastern region, investments like these underscore the state’s growing importance in India’s broader economic landscape.
