Boosting Growth, Creating Opportunities in the Minerals & Mining Sector
Kothari Industrial Corporation Ltd (KICL) is proud to announce the signing of a Memorandum of Understanding (MoU) with the Government of Assam at the Advantage Assam 2.0 – Investment and Infrastructure Summit held on February 25-26, 2025, in Guwahati, Assam.
Strategic Focus on Rare Earth & Critical Minerals
This collaboration marks a significant step in strengthening Assam’s minerals and mining value chain, with a ₹500 crore investment dedicated to the exploration, processing, and sustainable utilization of rare earth and critical minerals.
The initiative aims to:
✅ Enhance India’s self-reliance in critical mineral resources
✅ Develop cutting-edge mineral processing infrastructure
✅ Generate employment opportunities in Assam
✅ Support the ‘Make in India’ and ‘Atmanirbhar Bharat’ vision
Commitment to Sustainable Industrial Growth
KICL, with its strong legacy in industrial innovation, is committed to fostering sustainable development by leveraging advanced technologies and strategic partnerships. This MoU will accelerate industrial growth in Assam, unlocking new opportunities for economic expansion, local employment, and resource efficiency.
As a responsible industry leader, KICL will ensure eco-friendly mining and mineral processing practices, adhering to global environmental and sustainability standards.
A Milestone for Assam’s Economic Transformation
This partnership reflects Assam’s vision of becoming a key hub for industrial investment and innovation. By integrating modern technology with responsible mining practices, this project will unlock the true potential of Assam’s natural resources while driving socio-economic progress.
For more updates on this collaboration, stay tuned!