Mumbai, May 1, 2025 – In a significant move aimed at bolstering economic development in India’s Northeast, Union Minister for Communications and Minister of Development of North Eastern Region (MDoNER), Shri Jyotiraditya Scindia, convened high-profile meetings with leading industrialists in Mumbai on April 30. Prominent business leaders, including Mukesh Ambani of Reliance Industries, Kumar Mangalam Birla of the Aditya Birla Group, and N. Chandrasekaran of Tata Sons, expressed keen interest in exploring investment opportunities in the region.

The interactions were part of a broader effort to galvanise support and participation from India’s industrial sector ahead of the upcoming “Rising Northeast Summit 2025,” scheduled to take place at Bharat Mandapam, New Delhi, on May 23-24. This summit is poised to serve as a crucial platform for fostering collaboration between government bodies, investors, and industry experts to unlock the untapped potential of the Northeastern states.

Addressing the industry stalwarts, Shri Jyotiraditya Scindia highlighted the Government of India’s strategic roadmap for transforming the Northeast into a new economic powerhouse. “The objective is to integrate all eight states of the Northeast into a unified development vision, turning the region into India’s growth engine,” he stated. He further emphasised the importance of public-private partnerships in accelerating inclusive and sustainable development across the region.

During the meetings, the Minister detailed key initiatives undertaken by MDoNER to create a conducive environment for investment. These include the establishment of a High-Level Task Force comprising the Chief Ministers of all eight Northeastern states and the creation of dedicated Investment Promotion Agencies (IPAs) in each state to streamline investor facilitation.

Shri Dharmvir Jha, Statistical Advisor at MDoNER, also made a detailed presentation outlining diverse investment prospects in agro-based industries, textiles, handicrafts, and tourism. He underscored the Northeast’s rich natural resources, skilled workforce, and improving infrastructure as significant advantages for prospective investors.

Industry leaders responded positively to the government’s vision, acknowledging the vast opportunities that the region offers. The upcoming Rising Northeast Summit is expected to catalyse substantial investments and foster meaningful partnerships that align with the national development agenda.

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The summit aims to provide an integrated platform for dialogue and collaboration among key stakeholders, with a focus on unlocking the economic potential of the Northeast. It will feature sector-specific discussions, policy dialogues, and networking opportunities to drive forward-looking strategies for regional growth.

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