Investment Summit in Delhi Secures ₹4.18 Lakh Crore for Northeast Development
Major Investment Announced at Northeast Summit
Union Minister Jyotiraditya Scindia announced that the Rising Northeast Investors' Conference in Delhi has secured agreements worth ₹4.18 lakh crore. The event was inaugurated by Prime Minister Narendra Modi on Friday at the Bharat Mandapam in the national capital.
The conference aims to position the region as a hub of opportunities, attract both global and domestic investments, and bring together key stakeholders, investors, and policymakers on a single platform.
Scindia informed reporters that this is the first time a unified program is being conducted for all eight northeastern states. Roadshows have been organized in cities such as Bengaluru, Mumbai, Ahmedabad, Chennai, Delhi, Kolkata, and Indore, along with meetings with various industrial groups.
He further stated that as a result of these efforts, a world-class investment summit has been held, during which memorandums of understanding worth ₹4.18 lakh crore were announced.
Each state received investment proposals amounting to ₹20,000 crore. New entrepreneurs from the eight states and ambassadors from 50 countries participated in the summit alongside leaders of industrial groups.
For the development of the northeastern region, Minister Scindia highlighted that the main focus areas for investment incentives include tourism and hospitality, food processing, textiles, handlooms and handicrafts, healthcare, education, and information technology.
