The incident took place near the entrance to Kumud Nagar village in Duliajan late last night.
As many as eight business establishments were completely burnt down in the fire.
Locals believe the fire broke out from an electrical short-circuit, though the reason behind the fire has not been established yet.
Meanwhile, local police reached the spot and initiated an investigation into the source of the fire.
Moreover, a total of three fire tenders from Oil India Limited (OIL) rushed to the spot. They were able to successfully bring the fire under control after over an hour of continued efforts.
According to reports, the prompt action of the fire tenders stopped the fire from spreading to other nearby businesses.
It may be noted that the fire gutted property worth lakhs, though no loss of life was reported from the incident.