Wednesday, May 21, 2025

Maiden 'Rising Northeast Investors' Summit' in Delhi on May 23-24


Maiden 'Rising Northeast Investors' Summit' in Delhi on May 23-24


 The two-day maiden 'Rising Northeast: The Investors' Summit 2025' is being held at Bharat Mandapam in the national capital to showcase the investment and trade potential of the Northeast Region on May 23 and 24.

Organised by the Ministry of DoNER in partnerships with FICCI and Invest India, the summit, to be inaugurated by  Prime Minister Narendra Modi, aims to highlight the region’s geostrategic advantage, abundant natural resources, skilled workforce, and access to captive markets in the Northeast and neighbouring countries.

"The Northeast Region is an emerging frontier for businesses, and the summit offers an ideal platform for forging alliances, partnerships, and acquiring a clear vision of the opportunities available for expanding businesses, making new investments, setting up green field manufacturing projects and associated activities," said an official of DoNER.

The summit will enable investors to participate in the Northeast Region’s transformation as a manufacturing and services hub. It will also provide companies looking to access emerging markets in ASEAN and BBN countries to know about the slew of incentives and policy framework in the region and how to leverage it for venturing beyond borders.



In the run-up to the summit, roadshows were organised in seven major cities in India to showcase the investment potential of the Northeast Region and reach out to potential investors.

"The summit promises to become a major platform for networking with industry leaders, policymakers, and other relevant stakeholders from the region, offering excellent opportunities for exploring tie-ups, expansions, and MoUs via G2B, B2B meetings on the sidelines of the summit," said the official.



Over 2,00O high level delegates, policymakers, industry leaders, investors, multilaterals and start-ups will take part in discussions across nine plus priority sectors such as agri, food processing and allied sectors; textiles, handloom and handicrafts; entertainment and sports; education and skill development; healthcare; IT and ITES; tourism and hospitality; infrastructure and logistics, and energy. 

A high level delegation comprising senior officials from Assam will make their strong presence in the summit. Being a major State and a gateway to the Northeast, Assam will showcase its inherent strengths in key sectors as well as emerging sectors with Assam Chief Minister Dr. Himanta Biswa Sarma leading from the front. 

"Our inherent strengths – geographical, natural resources, guided by the vision of Hon’ble Prime Minister Narendra Modi ji has made Assam a powerhouse of opportunities. From tea to trade and tourism, we offer enormous possibilities for business", said Dr. Sarma.

A strategic location that offers easy access to ASEAN markets, the Northeast Region, India's growth engine, is endowed with abundant natural resources such as oil, gas, coal, minerals, timber, medicinal plants, bamboo, forest products, and water resources for industries to harness.

Considered India's Green Hub, the region is home to verdant forests and rich biodiversity, and is an ideal destination for eco tourism and agro-based industries.

With diverse cultural heritage, the region with its unique ethnic communities and traditions offer investment opportunities galore in tourism and handicraft sectors.

The Government of India and the State Governments of the region consisting of eight Sister States are offering a range of incentives, including tax holidays, subsidies, and reimbursements to support business growth.

Investors looking to make good of their investments have an added advantage as the region offers low labour costs compared to other parts of India and the world coupled with a skilled workforce proficient in English.

That is not all. 


The infrastructure in the region is growing rapidly with coming up of industrial parks, and technology parks. It has a congenial business environment with a low crime rate, stable political environment, and supportive government policies. 


On top of it all, what is important from investment perspective is the fact that the region is an emerging consumer market with rising incomes and increased urbanisation that offers potential for business aplenty. 


Ends

No comments:

Post a Comment

"Turning a blind eye towards terrorism or extending support to terror is a betrayal of all humanity" : PM Modi at G7 Summit

  Narendra Modi calls out West's double standards on terrorism India's neighbourhood has become a breeding ground for terrorism and ...