Rising Northeast Summit 2025: Centre courts industry giants for regional investment push
In a meeting ahead of the summit, DoNER Minister highlighted the significant role of public-private partnerships (PPP)
DoNER Minister Scindia with Mukesh Ambani, Chairman of Reliance Industries Limited in Mumbai, on Wednesday. (Photo: @JM_Scindia/X)
Mumbai, May 1: The government aims to develop the Northeast into India’s growth region by integrating all eight states together, Union Minister for Communications and Development of North Eastern Region (DoNER), Jyotiraditya Scindia, said.
In a meeting ahead of ‘Rising Northeast Investment Summit 2025’, slated to be held on May 23-24, Scindia, said, “The goal is to integrate the eight states into one unified development goal as India’s growth engine.”
Underlining the role of public-private partnerships (PPP) in accelerating sustainable development in the region, the Union Minister held a series of meetings in Mumbai with leading industrialists, including Mukesh Ambani (Reliance Industries), Kumar Mangalam Birla (Aditya Birla Group) and N. Chandrasekaran (Tata Sons).
The Minister further shared with the industrialists some of the key initiatives undertaken by the DoNER Ministry, which included the formation of a High-Level Task Force with the Chief Ministers of all eight northeastern states, the establishment of Investment Promotion Agencies (IPAs) in each state, among others.
Dharmvir Jha, Statistical Advisor in Ministry of DoNER, presented key investment opportunities spanning all eight northeastern states.
The interactions focused on region-specific growth sectors, including agro-based industries, textiles, and tourism.
The ‘Rising Northeast Summit 2025’ will continue this momentum by bringing together key stakeholders, investors, and policymakers on one platform to unlock the region’s economic potential., said the ministry.
Meanwhile, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal for the development, maintenance, and management of a 4-lane Greenfield access controlled 166.80 km National Highway from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on hybrid annuity mode as a high-speed corridor at a total capital cost of Rs. 22,864 crore.
Of the total 166.80 km highway project, as much as 144.80 km lies in Meghalaya while the remaining stretch of 22 km falls in Assam.
The corridor will improve connectivity between Assam and Meghalaya and will spur economic development, including the development of industries in Meghalaya, as it passes through the cement and coal production areas of Meghalaya.
—IANS