Guwahati: Union Minister for Development of North Eastern Region (DoNER), Jyotiraditya Scindia, announced that the Northeastern states could soon attract fresh investments worth Rs 2.5 to 3 lakh crore across various sectors. He made this announcement ahead of the Rising Northeast Investors Summit, scheduled to take place later this month.
Speaking to the media, Scindia detailed that the ministry has secured investment commitments totaling Rs 1.12 lakh crore through nine roadshows held across India. He emphasized that these figures pertain solely to new investments, not including any previously announced amounts.
Scindia remarked that six major industrial groups and public sector undertakings are planning to invest between Rs 2.5 and 3 lakh crore, describing this as a remarkable milestone for a region historically viewed as remote and underdeveloped.
To foster enthusiasm, Scindia engaged in personal meetings with corporate leaders from conglomerates such as Tata Group, Reliance Industries, and Aditya Birla Group. He indicated that once the two-day summit concludes on May 24, the Ministry will collaborate with state-level Investment Promotion Agencies to transform these commitments into actionable projects.
“We will support both investors and state governments to realize these proposals,” he assured.
The summit will kick off with an address by Prime Minister Narendra Modi, and Union Home Minister Amit Shah, who chairs the North Eastern Council, will deliver the closing remarks.
Scindia noted that the summit represents the most extensive investment outreach campaign for the Northeast to date. Over the past year, the DoNER Ministry has worked closely with all eight Northeastern states to engage both domestic and international stakeholders. This outreach included nine city-based roadshows, a cultural summit (Ashtalakshmi) inaugurated by PM Modi, an Ambassadors’ Meet with representatives from 76 countries, and several sector-specific consultations involving PSUs, industry groups, and corporate leaders.
Earlier this month, Scindia met key industrialists in Mumbai, including Reliance Chairman Mukesh Ambani, Tata Group Chairman N. Chandrasekaran, and Aditya Birla Group Chairman Kumar Mangalam Birla.
For the first time, the chief ministers of Northeastern states have formed and are leading eight high-powered task forces aimed at developing sector-specific strategies for regional growth.
Scindia further mentioned that investors have submitted over 732 proposals worth more than Rs 1.12 lakh crore, reflecting increasing confidence in the region’s potential. He added that six Northeastern states have established operative Investment Promotion Agencies, while two others are in the process of doing so.
All eight chief ministers and governors from the region, along with senior Union ministers, are expected to attend the two-day summit. Present at the briefing were Minister of State for DoNER Sukanta Majumdar, DoNER Secretary Chanchal Kumar, and other senior officials from the ministry.
Original Source: https://nenow.in/north-east-news/arunachal-pradesh/rs-3l-cr-investment-expected-in-northeast-says-doner-minister.html
Category: Arunachal,Assam,Manipur,Meghalaya,Mizoram,Nagaland,Northeast News,Sikkim,Top News,Tripura
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Publish Date: 2025-05-15 10:37:00
