Union Minister Jyotiraditya M. Scindia leads “North East Trade and Investment Roadshow” in Bengaluru, invites investors to North East
The Ministry of Development of the North Eastern Region (MDoNER) successfully organised Northeast Trade and Investment Roadshow in Bengaluru today. The event commenced on a highly positive note, captured significant attention and attracted a substantial number of participants. The event was graced by Minister of Communications and MDoNER, Jyotiraditya M. Scindia, along with senior government officials from the Ministry and eight North Eastern States.
Minister Jyotiraditya. M. Scindia while underlining the immense potential of the North Eastern Region, emphasized that the region holds a tremendous future for Viksit Bharat. He highlighted that under the visionary leadership of Prime Minister, North Eastern Region is the focus point of the Government of India, as a result of which various initiatives such as Act East Policy, UNNATI etc. have been taken for the holistic development of the region. Further, continuous efforts are being made by the Government of India toward strengthening connectivity whether it is rail, road, air, waterways and telecommunication. He mentioned that the fund flow to the region has increased tremendously during the last ten years.
He further added, the region has huge potential in Agriculture, Healthcare, IT& ITeS, Education, Tourism & Hospitality; Energy; Entertainment & Sports. The North East is home to incredible sporting talent, particularly in boxing, archery, and football, with athletes from the region excelling on national and international stages. Government of India aims to promote regional sports leagues to harness this potential. In tourism, each state in the North East is a jewel. The MDoNER is committed to developing world-class infrastructure in the North Eastern Region. He referred that Bengaluru being the silicon valley of India, has lot of opportunities to explore and replicate in the North Eastern Region in the IT & ITeS sector like IT hubs, centers of excellence in emerging technologies, and opportunities in data analytics etc.
Chanchal Kumar, Secretary of MDoNER, addressed the gathering saying all eight states provide unique opportunities under the Hon’ble Prime Minister’s Act East Policy initiative. In the last 10 years, the connectivity in the North Eastern Region has increased manifold. He emphasized that the region has enabling investment ecosystem, which can facilitate the investors. Further, MDoNER as well as the North Eastern States Governments are set to commit for extending necessary support for investing in the region.
Ms. Monalisa Dash, Joint Secretary of MDoNER, in her address on advantage North East and Opportunities for Investment and Trade emphasized that North Eastern Region has rich untapped potential. Over the past decade, the government has successfully completed numerous pending projects, benefiting local communities and millions of people through various schemes/initiatives. She also highlighted the opportunities in the region in various sectors like Education, Healthcare, Tourism, IT&ITes, Energy, Sports etc. She state that MDoNER is dedicated to facilitating investment opportunities and enhancing the region’s investment ecosystem. The Northeast region is confident for growth, with strategic investments, and can emerge as a leader in various sectors, benefiting both the local population and the nation as a whole.
Government officials from North Eastern States, alongside representatives from FICCI (Industry Partner), and Invest India (Investment Facilitation Partner), shared valuable insights into opportunities across focus sectors. Each state presented comprehensive overviews of their unique investment prospects. The event attracted active participation from multiple leading businesses, highlighting strong interest in the region’s investment landscape.
The North East Region boasts a strategic location with easy access to ASEAN economies, offering lucrative opportunities for businesses. Rapid infrastructure development is underway, with the establishment of new technology hubs and industrial parks, further enhancing business potential of the region.
As part of this summit, successful roundtable events have taken place with various states, including Assam, Tripura, Mizoram, Meghalaya, Sikkim, and Nagaland. Previous roadshows in Mumbai, Hyderabad, and Kolkata garnered encouraging participation, while the State Seminar at Vibrant Gujarat attracted significant interest from potential investors.
The Bengaluru Roadshow generated considerable interest from investors. Anticipated as a transformative event, the Roadshow in Bengaluru witnessed several B2G meetings generating potential interest from investors in the North Eastern States of Assam, Arunachal Pradesh, Tripura, Mizoram, Manipur, Meghalaya, Sikkim, and Nagaland.
