Delhi, 23 May (H.S.): Prime Minister Narendra Modi will inaugurate the two-day 'Rising Northeast Investors Summit' on May 23-24, aimed at highlighting investment opportunities in the northeastern states of India. This summit, set to take place at Bharat Mandapam in New Delhi, will involve participation from chief ministers, Union ministers, bureaucrats, foreign diplomats, and over 2,000 delegates, including industry leaders and investors.

Discussions will center on nine priority sectors: agriculture, food processing, textiles, tourism, education, healthcare, IT, energy, and entertainment. The event follows various pre-summit initiatives, including roadshows and roundtables organized by the central government with support from state governments. It will feature ministerial sessions, Business-to-Government and Business-to-Business meetings, along with exhibitions showcasing policy initiatives for investment promotion. The summit aims to position the Northeast as a prime investment destination, drawing both domestic and international stakeholders together. Minister for Development of North Eastern Region, Jyotiraditya Scindia, emphasized the region's potential and its crucial role in India's future growth, highlighting the importance of its eight states as symbols of transformative progress in the country.

The Prime Minister's commitment and vision aim to transform the northeastern region into a vital hub for India's growth as the nation pursues its 'Viksit Bharat' goal by 2047. Scindia emphasized the Northeast's rich cultural heritage, abundant natural resources, and strategic location, positioning it as a key gateway to Southeast Asia. Over the past decade, significant investments in infrastructure, healthcare, and education have laid the groundwork for the Northeast to emerge as an economic powerhouse, not only for India but globally. The region’s geo-strategic benefits, skilled workforce, and access to neighboring markets will be highlighted at the upcoming summit, which offers an excellent platform for businesses to form alliances and explore expansion opportunities.

The Ministry of Development of North Eastern Region (DoNER) reported pre-summit activities attracting over Rs 1 lakh crore in investment proposals across the region. Additionally, an Ambassadors' Meet with over 75 countries' representatives provided insight into the Northeast for foreign investors. Many industry players have expressed significant investment interest, with MoUs and letters of intent exceeding Rs 1 lakh crore already signed, indicating a growing momentum in the region's economic prospects.

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Hindusthan Samachar / Jun Sarkar