• Thu. May 30th, 2024

Minister for DoNER Highlights North Eastern Region’s Potential as New Growth Engine, Calls for Global Collaboration at Ambassadors’ Meeting

DoNER Minister G Kishan Reddy addressed Ambassadors and High Commissioners at a meeting organized by the Ministry of DoNER in preparation for the North East Global Investors Summit. The meeting focused on discussing emerging possibilities and opportunities in the North Eastern Region, as well as the potential for collaboration and global investment.

The Minister emphasized the region’s potential to become the new growth engine of India and highlighted the investment summit as a significant milestone in its development. He highlighted the diverse opportunities available to global investors and the Ministry’s efforts to harmonize policies and improve the ease of doing business.

The Minister underscored the region’s abundant natural resources, agricultural potential, mineral wealth, and renewable energy sources. He also emphasized the cultural diversity and strategic location of the Northeastern region, making it an ideal gateway for trade and commerce, especially with Southeast Asia.

Collaboration in the tourism sector, including infrastructure development and niche tourism offerings, was encouraged by Minister Reddy. He highlighted the progress made in the past nine years, with significant investments in world-class infrastructure, such as airports, roads, and railways, amounting to over 5 lakh crore.

The Minister expressed the government’s commitment to fostering an ecosystem that supports innovation, start-ups, and entrepreneurship. He also stressed the importance of promoting sustainable development to preserve the region’s rich biodiversity. Minister Reddy urged the Ambassadors and High Commissioners to explore the diverse opportunities available in the North Eastern Region. The Ambassadors expressed keen interest in the region’s opportunities and expressed confidence that the Investors Summit would provide a platform to explore new and emerging sectors such as tourism, agriculture, and textiles.

MoS Commerce, Som Prakash, MoS Finance,  Pankaj Chowdhary, MoS MEA, Rajkumar Ranjan and MoS DoNER, B L Verma were also present at the meeting.

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