Is India’s Future Growth Tied to the Northeastern Region?
Click to start listening
Synopsis
Discover the potential of India's northeastern region as a driving force for the nation's future growth. Union Minister Jyotiraditya Scindia emphasizes the significance of this area in achieving the ambitious goal of Viksit Bharat by 2047. Join us as we explore the opportunities and investments that can transform this vibrant region.
Key Takeaways
- Northeastern region's potential is crucial for India's future.
- Investment in infrastructure and education is key to growth.
- Government commitment has transformed the region from a periphery to a center of growth.
- The Rising North East Investor Summit aims to attract investment.
- Focus sectors include tourism, healthcare, and IT.
New Delhi, May 15 (NationPress) The most significant potential for India's future growth resides in the northeastern region, as the nation strives towards the objective of Viksit Bharat by 2047, according to Union Minister of Communications and the Minister for Development of North Eastern Region, Jyotiraditya Scindia.
During the curtain-raiser event for the ‘Rising North East Investor Summit’, the minister stated that the summit will “showcase our remarkable ‘Ashta Lakshmi’ – our eight states, which are at the core of the transformative growth that our country embodies.”
“The determination, commitment, and vision of Prime Minister Narendra Modi is to ensure that the northeastern region becomes the cornerstone of future growth as India moves towards her goal of Viksit Bharat by 2047,” highlighted the Union Minister.
Scindia elaborated that whether it is the 10 percent of gross budgetary support (GBS), which amounts to nearly Rs one lakh crore annually, or tax devolution, the northeast, once regarded as the periphery of India, has now emerged as the centerpiece of India's growth narrative.
“The cultural richness of the Northeast, combined with its abundant natural resources and strategic geographical position, transforms the region into the most potent gateway to Southeast Asia,” he added.
“A decade of dedicated investment, the Prime Minister's commitment towards infrastructure, healthcare, education, and submarine cable projects has laid the groundwork for the Northeast to ascend as an economic powerhouse, not just for India but for the globe,” he remarked.
The ‘Rising North East Investor Summit’, scheduled for May 23-24, will be the culmination of numerous pre-summit activities, including investment roadshows, ambassador meetings, and bilateral chamber interactions, aimed at enhancing investment in the region.
The summit will spotlight sectors such as tourism and hospitality, agro-food processing, textiles, healthcare, education, IT/ITeS, infrastructure, energy, and entertainment.
Point of View
I firmly believe that the northeastern region of India is becoming a focal point for national growth. The government's investment strategy and commitment to development here highlight the importance of integrating this area into the broader economic framework. The potential for transformation is immense, and it is crucial for national unity and progress.
NationPress
20/07/2025
Frequently Asked Questions
What is the significance of the northeastern region for India?
The northeastern region is pivotal for India's growth, serving as a gateway to Southeast Asia and benefiting from substantial government investments aimed at transforming it into an economic powerhouse.
When will the Rising North East Investor Summit take place?
The Rising North East Investor Summit is scheduled for May 23-24, showcasing investment opportunities in various sectors.
What sectors are highlighted in the summit?
The summit will focus on sectors such as tourism, agro-food processing, textiles, healthcare, education, IT/ITeS, infrastructure, energy, and entertainment.
