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PM Modi Pitches Northeast as India’s New Growth Engine at Investor Summit

  • On May 23, 2025, Prime Minister Narendra Modi officially opened the two-day summit for investors focused on the Northeastern region of India, emphasizing the area's emergence as a key driver of the country’s economic growth.
  • The summit followed years of increased government investment and infrastructure development aimed at unlocking the Northeast’s economic potential and improving connectivity.
  • Major corporate commitments include Reliance’s ₹75,000 crore pledge over five years for agriculture and digital services, Adani’s ₹50,000 crore investment in green energy and infrastructure, and Vedanta’s ₹80,000 crore total investment targeting job creation.
  • Modi explained that for his government, the concept of "East" represents a commitment to empowerment, decisive action, strengthening capacities, and transformative progress. He referred to the Northeast as 'Ashta Lakshmi,' highlighting its rich diversity and its growing significance in areas such as the bio-economy, renewable energy, eco-tourism, and the production of organic goods.
  • The summit aims to attract both global and domestic investments in tourism, agro-processing, healthcare, IT, energy, and sports, signaling a strategic shift toward sustainable and inclusive growth in the Northeast.
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AsiaOne News, AsiaOne Latest News, AsiaOne Magazine India | broke the news in on Friday, May 23, 2025.
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