Guwahati, 27th April 2023
The first roundtable of the Northeast Investment Summit took place in Guwahati, India, with encouraging participation from startups, local businesses, national industry leaders, investment advisors, and industry experts. Government officials highlighted investment opportunities in Assam, focusing on sectors such as power, energy, agriculture, tourism, and other industries. The roundtable emphasized the potential for developing an investment ecosystem in the region, given its strategic location as a gateway to the ASEAN and BBIN zone. The State Government of Assam discussed measures undertaken to improve basic facilities, expand industrial parks and Special Economic Zones (SEZs), and enhance connectivity through road, aerial, rail, and waterway infrastructure. This investment summit, jointly organized by eight North Eastern states and the union government, aims to attract global investments and support the economic development of the Northeast region. The roundtable facilitated collaboration between investors, policymakers, and thought leaders, exchanging ideas and information to realize a shared vision. It is expected to fuel investment in Assam and make it an attractive destination for global investors. The Northeast Investors Summit will be held in September as a major milestone event. Roundtables and roadshows will be organized across the North Eastern states and major cities like Mumbai, Kolkata, Hyderabad, and Dhaka to promote investment opportunities. The summit aims to showcase the Northeast region’s potential, attract investments, and create a conducive ecosystem for businesses while highlighting the region’s unique culture, tradition, and tourism offerings.
Mr Lok Ranjan, IAS, Secretary to Ministry of DoNER
“The Hon’ble PM and members of cabinet union ministers of development of Northeast are buoyant of its potentials. The PM positions the Northeast as the growth engine, Ashtalakshmi keepers of the wealth. The leaders envision transformative development and sustainable accelerative ease of living.”
“Underlining the positive sentiment, the Government of India and every department set aside 10% for the Northeast which is an indicator of the seriousness of the Central Government to invest more. The total investment from 2014 till now is almost 5 LCR where 65% is set aside for social welfare and other sectors of the Northeast.”
” The PM is upbeat on Act East Policy, envisioning ourselves amid international neighbours and friends investing to grow together.”
“In recent times integrated initiatives between state and centre are offering a vision and the reach is wider, not limited to areas and sectors. Merging industries with investment, we are positive about all opportunities that exist in as many sectors as possible, for the importance in this region.”
“The inter-ministerial task force has identified 50 crores to boost agriculture, infrastructure, labs, and nurseries. Not just as industrial investment but sectors like social, educational, health skills, and urban development, across tourism cross-sections where potential investors are keenly looking forward to the total mosaic of potential opportunities.”
“This summit is an interaction and should be continuous to understand each other to actualise and contribute to the national and regional lives of the people and place.”
Dr Ashish Kumar Bhutani
“Time for Assam and Northeast has come to take a giant leap.”
“There is immense potential with heritage bungalows and tea gardens, these can be used to attract inbound and outbound tourists. The existing sites can be made better. The idea of homestays is an excellent opportunity to grow tourism.”
TCPL Packaging
Surendra Chukhani
“We have invested 90cr in packaging, we have been here Since 2015. We find the CM doing a lot for industrial development and infrastructure, the power position is good with only a few power cuts. There is availability of land and power required for industrial growth. The EOTP portal is overall efficient. All permit and license details are available there. Investors will be greeted with the best facilities.
The state is peaceful with no disturbance. Investors can invest with peace of mind. Assam and NE are industry-friendly and all are welcome.”
Polo Towers Group
Deval Tibrewalla
I am the 5th generation in business in the Northeast for the past 30 years and am bullish on tourism growth in the region. Building 5-star hotels in smaller cities is essential for tourism infrastructure. Our luxury resort like the one in Cherrapunji has opened the destinations linkage creating a connection with the community and reflecting overall growth. We are the largest hotel company in the Northeast and we are hopeful that we can reach out to small areas soon. I am going to sign an MoU soon with green field manufacturing with the State Government.”
L&T Construction
JM Patnaik
L&T Construction has been in Assam since 2005 and we have been involved with the Games Village Construction project, where the state-hosted national games. Now involved with the Dhubri-Phulbari bridge, the state infrastructural health is a big focus of the State Government. We are in Tripura, Mizoram and Manipur, all states have peaceful working conditions with less outside intervention, DC office and police are cooperative, I would encourage and ask other investors to participate under the present state leadership.
Agartala, 2nd May 2023
The Department of Industries & Commerce, Government of Tripura, organized a roundtable meeting to discuss potential investible opportunities in the state. The event was attended by Chief Minister Prof. Dr. Manik Saha, Minister of Industry & Commerce Smt. Shantana Chaka, and other government officials. Around seventy investors from across the country participated in the discussion. The meeting aimed to sensitize prospective investors, highlight investment projects, and gather inputs from stakeholders in preparation for the North East Investors Summit 2023. The roundtable provided a platform for investors to interact with government officials and explore opportunities in sectors such as agriculture, tourism, handloom, food processing, rubber, tea, bamboo, information technology, higher education, health, and forest-based products. Tripura has witnessed a favorable investment climate in recent years due to infrastructure development, including improved roadways, railways, airways, electricity, industrial estates, SEZs, and a single-window system. Several investors expressed interest in investing in Tripura and signed draft MoUs with the government, amounting to INR 300 crores. The SEZ in Sabroom garnered attention, and five investors signed MoUs for investments, indicating the potential for industrialization in the southern district of Tripura. Chief Minister Prof. Dr. Manik Saha highlighted the state’s progress in connectivity and invited investors to explore opportunities in sectors such as bamboo waste, activated charcoal, rubber, food processing, cold chain, healthcare, hospitality, and tourism. Chief Secretary Shri J.K. Sinha emphasized the state’s potential for growth and its commitment to development, while Minister Smt. Santana Chakma discussed Tripura’s potential in sectors like tourism, food processing industries, and healthcare. The government expressed its commitment to providing a business-friendly environment and various investment opportunities, and encouraged industries to invest in Tripura. The roundtable aimed to accelerate industrialization in Tripura and improve the investment scenario in the state.
Prof. (Dr.) Manik Saha, Hon’ble Chief Minister, Tripura
“I am pleased to share that eight industrialists have already signed MoUs with the government of Tripura, amounting to INR 312.38 crore for the development of the state. In Tripura.”
“We understand that connectivity is key, and we have made significant progress in this regard with 7 national highways, a strong railway network with 11–12 express trains, and development in airways and waterways.”
“Our efforts have opened doors to investors in sectors such as bamboo waste, activated charcoal, rubber, food processing, cold chain, healthcare, hospitality, and tourism. We extend our hand to help investors with any issues related to investments in Tripura.”
Chief Secretary of Tripura Shri J.K Sinha
“Our Prime Minister’s four visits in the last four months underscore our commitment to development.”
“With a growth rate of 8.5%, Tripura’s financial growth exceeds the national average. Our state is rapidly becoming a gateway to the Northeast region, and we are constantly working towards further development.”
“The Government of Tripura is committed to providing the best facilities in education and healthcare. Our highly skilled workforce is one of our biggest assets. We are actively working towards realising the state’s full potential.”
Smt. Santana Chakma, Hon’ble Minister (I&C), Tripura,
“Tripura is a state with enormous potential in sectors such as tourism, food processing industries, medical care, and more. Our growing industries offer opportunities for both MSMEs and larger industries to prosper”.
“We are dedicated to creating a business-friendly environment to support growth and development. The Government of Tripura is providing various investment opportunities across platforms, including our investor-friendly policies and subsidies.”
“We are committed to developing our infrastructure to build a world-class business ecosystem. I urge all industry leaders to consider investing in Tripura to leverage our strategic location, skilled workforce, and supportive policies. Together, let’s unlock Tripura’s full potential and make it a hub for innovation, industry, and business.”
Mr Abhishek Chandra, Special Secretary (I&C), Government of Tripura
“Collaboration is the key to success, and this roundtable conference is a testament to that.”
“We are excited to showcase the potential of Tripura’s booming sectors like tourism, bamboo, medical, and others, with the largest land bank in the northeast. Our goal is to make Tripura a favourite destination for investment and growth.”
“ We are already sending out MoUs worth over 300 crores, and with today’s show, we aim to achieve a total investment of 3500 crores by September or October. We look forward to hearing from our esteemed investors about their experiences and ideas for the future.”
Drishti News | ||
Tripura CM Dr Manik Saha briefed Press on ‘Tripura Round Table & Investible opportunities meet’ | ||
RiseEast | ||
Search India TNN | ত্রিুপু রু়োনিু শিুল্প প্রিশষ্ঠু়োন স্থ়োপনন আগ্রহু টবিু কনু য়ুকজন টটিু- শবিনিনর শবশনোন ়োগকু়োর – | |
| ||
Swrangchati News & Entertainment Channel | CM Press briefing on Tripura Round Table & Investible opportunities meet #TripuraInvestorsMeet | |
Swrangchati News & Entertainment Channel | Tripura Round Table Investible Pandao Manjakkha Montri Okra DR Manik Saha | |
Times24 | ||
Times Tripura | ত্রিুপু রু়োনিু আনর়ো১টোু টমশিুনকল কনলজ হনোু সু়োু়োু বু়োশিুক সনোুলনন জ়োনু়োনলন মু খ্যমন্তর্ ু । | |
Tripura Star News | Hon’ble Chief Minister Dr. Manik Saha addressing at the State Level Investment Round Table(I&C)meeting in Pragna Bhawan, Agartala on Tuesday | |
Tripura Star News | Press Conference regarding State Level Investment Round Table(I&C)meeting in Pragna Bhawan, Agartala on Tuesday (2nd May, 2023). | |
AajKaal | ||
DD News Tripura | ||
Press Release
