Over 4 Lakh Crore Investment Proposals: Rising North East Summit Concludes On A Successful Note
Investment Highlights
- Total Investment Proposals: ₹4.3 lakh crore received during the summit.
- Major Announcements:
- Reliance Industries (Mukesh Ambani): ₹75,000 crore over 5 years (focus on agriculture, telecom, digital services).
- Adani Group (Gautam Adani): ₹50,000 crore over 10 years.
- Vedanta Group (Anil Agarwal): Over ₹30,000 crore.
- Delegation Participation: Representatives from 80+ countries including Japan, Europe, ASEAN.
Relevance : GS 3(Infrastructure)
Vision and Objectives
- NER as Economic Powerhouse: Summit positions North Eastern Region (NER) as India’s “next economic powerhouse.”
- International Gateway: Framed as India’s bridge to Southeast Asia.
- PM Modi’s Role: Recognized for embracing and unlocking the region’s untapped potential.
Institutional and Governance Framework
- Whole-of-Government Approach: Coordination across ministries and states.
- High-Level Task Forces Created in 8 Sectors:
- Agriculture, Sports, Investment Promotion, Tourism, Economic Corridors, Infrastructure, Textiles & Handicrafts, Animal Husbandry.
- Extensive Stakeholder Engagement:
- 9 domestic roadshows, 2 Ambassador Meets (95+ countries), 6 state roundtables, multiple B2B and B2G meetings.
Infrastructure and Sectoral Growth
- Highway Expansion: From 10,905 km (2014) to 16,207 km (2024).
- Power Generation: Added 694.5 MW capacity + 10,000+ km transmission/distribution lines.
- Aviation Boost: Airports doubled from 9 to 17; 36 major aviation projects completed.
- Education Investment: ₹21,000 crore over the past decade; includes:
- 800+ new schools
- 1 AIIMS
- 9 medical colleges
- 2 IIITs
Narrative Shift and Image Building
- NER’s Global Rebranding: From underdeveloped to investment-worthy.
- Cultural & Resource Potential Highlighted: Natural beauty, music, sports, and biodiversity.
- Investor Confidence Built Through: Concrete projects, ministerial follow-ups, and MoU tracking mechanisms.
Future Roadmap
- Post-Summit Activities:
- Continued B2B and B2G engagement.
- MDoNER to act as“investment bridge” between industry and states.
- MoUs to be tracked and implemented with speed.
- Goal: Economic revolution and revival in the Northeast — transforming it into a vibrant, connected economic zone.
Symbolic Significance
- First-Ever Investment Summit of This Scale by MDoNER.
- Leadership Presence: PM Modi, Jyotiraditya Scindia, top industrialists, diplomats, and key state ministers.
- Venue Transformation: Bharat Mandapam became symbolic of Northeast’s emerging national stature.
