Big Investment Expected for Northeast at Rising Northeast Summit

Ahead of the upcoming Rising Northeast Summit, Union Minister Jyotiraditya Scindia announced that the government is expecting a major investment of at least ₹2.5 trillion in the northeastern region of India. The summit is scheduled to be held on May 23–24 and aims to promote development across the eight northeastern states.

So far, the government has already received ₹1.12 trillion in potential investment proposals, Scindia shared on Wednesday. The remaining amount is expected to come from large private companies such as Reliance, Tata Sons, Birla, Ambuja Neotia, ITC, and the Adani Group, along with several major public sector enterprises. The planned investments will focus on key sectors including energy, tourism, agriculture, infrastructure, textiles, handlooms, information technology, education, healthcare, and sports and entertainment.

Scindia emphasized that the northeastern states - Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura - are seeing faster growth than before. “In the last ten years, the growth rate of the region has doubled, making it a strong area for investment,” he said. Chanchal Kumar, Secretary of the Ministry of Development of the North Eastern Region, said that discussions have been held with top business leaders and companies to encourage further investments. He noted that around ₹80,000 crore in additional investment commitments from India’s leading business groups are expected before the summit begins.

The Rising Northeast Summit is being seen as a major step toward turning the region into a new hub for development and business opportunities.