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4w ago

PM Modi Inaugurates Rising Northeast Investors Summit with Over ₹200,000 Crore in Commitments

Reliance, Adani, and Vedanta pledge substantial investments as the summit highlights Northeast India's transformation into a trade and growth hub.

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Adani group chairman Gautam adani
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Overview

  • Prime Minister Narendra Modi inaugurated the two-day Rising Northeast Investors Summit in New Delhi, emphasizing the region's potential as a 'land of opportunities.'
  • Reliance Industries pledged ₹75,000 crore, Adani Group committed ₹50,000 crore, and Vedanta announced ₹80,000 crore, underscoring corporate confidence in the region's economic prospects.
  • The summit highlighted key infrastructure achievements, including 11,000 km of new highways, expanded rail and air connectivity, and the development of waterways.
  • Peace and stability were central themes, with over 10,000 former militants reintegrating into society over the past decade, bolstering the region's growth environment.
  • PM Modi projected the Northeast's trade potential to exceed $200 billion, positioning it as a strategic gateway to Southeast Asia and a vital component of India's Act East policy.