|Potential Sectors of Investment|
|Mines & Minerals|
|Plastics and Polymers|
|IT & ITES|
|Aromatic and Medicinal Produce|
|Horticulture & Floriculture|
|Fresh Water Processing|
Assam has over 1.3 billion tonnes of proven crude oil and 156 billion cu. mt of natural gas reserves. Superior quality natural gas is available at an attractive price. Assam accounts for about 15% of India's crude output. The wells at Digboi, Duliajan, Sivasagar etc. also produce Natural gas accounting to about 50% of India's total onshore production. The HDPE/LLDPE is 220,000 TPA, Polypropelene is 60,000 TPA. In the last 4 years or so, private sector/JV companies have made about 32 significant hydrocarbon discoveries.NATURAL GAS
ASSAM GAS CRACKER PROJECT
Like petroleum, natural gas is a valuable source of power and various other chemical by-products. In Assam, almost all the petroleum producing areas of the Brahmaputra Valley, especially Naharkatia, Moran, Lakuwa and Rudrasagar, contains 'associated natural gas'. There are LPG bottling plants at Duliajan, North Guwahati, Silchar etc. The BRPL also uses natural gas as raw material to produce various chemicals. In addition, a gas cracking company, Brahmaputra Cracker & Polymer Limited is coming up in the Dibrugarh district and is poised to generate opportunities for a huge number of ancillary industries.
The Rs. 5460 crores Assam Gas Cracker Project with joint venture of GAIL, NRL, OIL, and Govt. of Assam has taken off with the foundation stone being laid by the Hon'ble Prime Minister Dr.Manmohan Singh. A joint venture company viz. Brahmaputra Cracker and Polymer Limited has been formed and acquisition of land has been completed. The project is scheduled to be complete by March 2012 and work is going on as per schedule.
The project will offer direct employment to 800 persons and indirect employment to 1,00,000 persons. The proposed Gas Cracker Project will open up tremendous avenues of opportunities in multi-faceted directions. The products coming out from the Cracker Complex would give rise to a chain of industries. The various socio-economic linkages expected to be obtained in utilizing the poly-ethylene products are in the field of agriculture, water management, packaging, automobiles, electronics, health & hygiene, education, telecommunications etc. The opportunities based on the petrochemicals complex can be divided into a) opportunities based on polymers (LLDPE & HDPE).