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Home Investment

Invest: 80+ diplomats updated on NER prospects

Fiinews by Fiinews
April 18, 2025
in Investment
Reading Time: 3 mins read
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Minister Scindia updates diplomats on investment prospects in 8 NER states.

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Scindia sees 8 states’ role in the Indian growth story

Diplomatic representatives from over 80 countries were briefed on India’s vibrant North East for enhancing international cooperation and fostering global investment in the resource-rich but remote region https://www.investindia.gov.in/.

The Ministry of Development of North Eastern Region (MDoNER) organized Ambassadors’ Meet in New Delhi on 15 April on the immense potential of the North Eastern Region (NER) and strengthening bilateral ties for sustainable development.

Speaking at the Meet, Minister of Development of North Eastern Region Jyotiraditya M. Scindia emphasized the strategic importance of the region, both economically and geopolitically.

He highlighted Indian Government’s commitment to transforming the North East into a hub of connectivity, trade, and innovation.

He also underlined that each of the eight states of the North East embodies unique strengths, resources and opportunities, making the region an invaluable asset in India’s growth story https://www.bseindia.com/.

From its rich cultural diversity to its natural beauty and strategic location, the North Eastern Region holds immense potential to emerge as one of the country’s leading economic powerhouses. Its proximity to Southeast Asia also positions the North Eastern Region as a gateway to markets aligning with India’s Act East Policy https://www.nseindia.com/.

The Minister extended an invitation to the participating countries to explore opportunities in NER, capitalizing on the region’s rich resources and craftsmanship.

Minister of State, MDoNER, Dr Sukanta Majumdar, explained how North Eastern States offers great aspects for investment opportunities and building a “Viksit Bharat” together https://sbi.com.in/.

He highlighted the major development initiatives in the infrastructure sector that have taken place in the North Eastern Region during the last 10 years, inter-alia, including expanding air, road and rail connectivity as well as waterways among others.

He also stated that with ample opportunities across multiple sectors, North East India welcomes investors to explore its vast potential and be part of its growth journey.

MDoNER Secretary Chanchal Kumar delivered a detailed presentation on the investment opportunities across various sectors like IT & ITES, Healthcare, Agri and allied, Education & Skill Development, Sports & Entertainment, Tourism & Hospitality, Infrastructure and logistics; Textiles, Handlooms and Handicrafts and Energy.

Ministry of External Affairs Secretary (East) Periasamy Kumaran added, “The region can be developed as a base for India’s growing economic links not only with the Association of Southeast Asian Nations (ASEAN) and neighbouring countries, viz. Bangladesh, Bhutan and Nepal.

He underlined that North Eastern Region is a treasure trove of diverse cultures, traditions, and breathtaking natural beauty.

He stated that Ambassadors Meet is a crucial platform for engaging in constructive dialogues, building partnerships, and attracting investments that will drive inclusive growth and prosperity. This platform is an opportunity to come forward and explore the diverse opportunities offered by the Northeast.

The Ambassadors’ Meet was the one of the pre-summit activities of the North East Investors Summit to be organized by MDoNER on 23 and 24 May 2025. The event received an overwhelming response, with Ambassadors and diplomatic envoys expressing keen interest in partnering with Indian stakeholders to explore the possibilities offered by the North Eastern states – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura. 

The event not only fostered meaningful dialogue but also laid the groundwork for future partnerships, driving economic growth and sustainable development in the region. fiinews.com

Tags: MDoNER
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