The Ministry of Development of North Eastern Region (MDoNER) hosted the North East Trade and Investment Roadshow in Mumbai on Monday following a yearlong series of roadshows across top Indian cities.
The roadshow in Mumbai garnered tremendous attention from the economic hub of India.
The event was attended by Union Minister for Communications and MDoNER Jyotiraditya M. Scindia; chief minister of Tripura Professor (Dr.) Manik Saha; and Chief Minister of Meghalaya Conrad K. Sangma, along with senior officials from MDoNER and government officials from North Eastern States.
Addressing the event, Union Minister Jyotiraditya M. Scindia highlighted the region’s unique advantages and underlined that North East region was a gateway and offers access to Southeast Asian markets.
He also said that the development of infrastructure, human resources, and specialized sectors has positioned North East India as a key player in the nation’s future.
Scindia praised the transformation of North East India under the leadership of Prime Minister Modi and acknowledged the leadership of the chief ministers of the region, whose vision and commitment have brought about significant change over the past decade.
He emphasised the region’s immense potential, which now stands ready to contribute to India’s growth, with an impressive 11% GDP growth rate.
The union minister also emphasised the importance of building bridges between the vibrant business ecosystems of Mumbai and North East India thereby ensuring a seamless path for growth and innovation.
Further, the minister outlined the region’s progress in various sectors, including tourism, renewable energy, sports, & IT and emphasized the need for a focused quality-driven approach for development of the region. He assured the investors that the region’s youth, high literacy rates, and abundant natural resources make it an ideal destination for investment, particularly in areas like sustainable agriculture, manufacturing, and technology.
With policies in place to support business growth and a commitment to reducing red tape, the minister said North East India was now offering a red carpet to investors, which would contribute to the growth of India especially its youth. In his concluding remarks, he invited investors to the North Eastern Region and play a key role in shaping the future of the region.
Tripura chief minister, Prof. (Dr.) Manik Saha, reaffirmed that under the leadership of the Prime Minister, North East India was witnessing remarkable growth.
Further, he said that the Act East Policy of Government of India was driving development in the region.
Meghalaya chief minister, Conrad K. Sangma, informed that Meghalaya was witnessing transformative growth, driven by strong leadership with a focused investment and development strategy. Under the guidance of Prime Minister Modi, he said the state has developed investor-friendly policies and attracted significant responses, particularly in sectors like tourism, food processing, and infrastructure.
Government officials from North Eastern States, alongside representatives from FICCI, shared valuable insights into opportunities across various sectors. The event attracted significant interest from leading businesses, showcasing the strong investment potential in the region.
As part of the pre-summit activities of the North East Investors Summit, various activities have been conducted including State roundtables, roadshows in major cities etc. which have attracted significant interest from potential investors.
The Mumbai roadshow witnessed considerable interest, with several B2G meetings generating potential investments for the North East Region.