The oil industry has played a crucial role in Assam's economy from "summary" of The History of Assam by Priyam Goswami
The discovery of oil in Assam marked a turning point in the economic landscape of the region. The industry quickly grew to become a major player in the state's economy, contributing significantly to its development and prosperity. The extraction and refining of oil provided employment opportunities to a large number of people in Assam, thereby boosting the state's workforce and improving the standard of living for many. This led to a rise in income levels and overall economic growth in the region. Moreover, the oil industry in Assam attracted investments from both domestic and international companies, further fueling the state's economic progress. These investments not only contributed to the exp...
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