Increasing North East Summit 2025: Prime Minister Modi Labels Northeast India as the Latest Boost to Economic Development, Emphasizes Significant Investment in Agriculture, Commerce, and Transportation Infrastructure
Prime Minister Narendra Modi recently inaugurated the Rising North East Investors Summit 2025 in New Delhi, marking a significant step towards transforming the Northeast region of India into a major economic powerhouse. The summit, which serves as a movement and a rallying cry for India's inclusive development, aims to catalyse trade and investment in the region.
The Northeast, rich in trade, tradition, textiles, and tourism, was highlighted by the Prime Minister as a vital contributor to India's vision of a "Viksit Bharat". The focus of the summit is to attract investments across multiple sectors, boosting industrial capacity and employment opportunities in the region.
Key sectors identified as potential growth drivers for the Northeast include tourism and hospitality, agro-food processing, textiles, healthcare, education, IT/ITeS, entertainment, infrastructure, energy, and sports. The government aims to attract investments aligned with sustainable and low-carbon technologies to preserve the ecological integrity of the region while promoting economic development.
The government's support for the region's industrial growth includes initiatives such as the Uttar Poorva Transformative Industrialisation (UNNATI) Scheme, which offers various incentives and facilitation measures like single-window clearances and land banks to encourage investment implementation.
Infrastructure development is another key area of focus, with the government investing heavily in the construction of highways, new railway lines, airports, and digital networks. The Northeast's organic produce is gaining international recognition, and the region is promoted as a key pillar of the "Heal in India" initiative for wellness tourism.
The Northeast is also a hub for organic farming, bamboo and tea industries, and eco-tourism. In the energy sector, the Northeast Gas Grid will provide consistent energy for industries, while thousands of crores have been invested in solar and hydropower projects.
The region is a critical source of energy and a key source for India's connection with Southeast Asia. India's first semiconductor chip from a Northeast-based plant will soon be launched, and infrastructure support for food processing industries, such as food parks, cold storage, and labs, is being developed.
The Prime Minister envisioned the region as a bridge to the Indo-Pacific, opening up vast opportunities in global commerce. Peace agreements and developmental outreach have transformed the Northeast region, with over 10,000 youth having given up arms and embraced peace in the past decade.
Modi praised the rise of startups and digital innovation in the Northeast, calling it India's emerging digital gateway. The region will soon be home to India's first sports university under the Khelo India mission.
The Rising North East Investors Summit 2025 attracted investment proposals worth over Rs 4 lakh crore from domestic and international investors, reflecting strong interest in the Northeast's untapped potential. With these investments and initiatives, the Northeast region is poised to play a significant role in India's journey towards becoming a developed nation.
- The Prime Minister's vision for the Northeast region includes attracting investments in sectors like energy, IT/ITeS, healthcare, education, and textiles, as part of the government's efforts to transform the region into a major economic powerhouse.
- To promote sustainable economic development in the Northeast, the government is focusing on attracting investments aligned with sustainable and low-carbon technologies, while preserving the region's ecological integrity.
- The Rising North East Investors Summit 2025 has attracted investment proposals worth over Rs 4 lakh crore from domestic and international investors, indicating a strong interest in the region's untapped potential in areas such as policy-and-legislation, general-news, and finance.