Rising Northeast: The Investor Summit
The Prime Minister at the “Rising Northeast: The Investor Summit” declared that the Northeast Region (NER) of India is no longer a “frontier” but a “frontrunner” in India’s growth journey. Highlighting its strategic importance and economic potential, he emphasized the region’s evolving role as a gateway for trade with Southeast Asia. The NER, referred to as ‘Ashta Lakshmis’, highlights the region’s vast potential in renewable energy, agro-based industries, eco-tourism, and strategic manufacturing.
The region’s biodiversity is being leveraged for green growth. Assam is a major hub for tea production, while Arunachal Pradesh leads in bamboo-based industries. The region holds 40% of India’s hydropower potential (~62,000 MW), yet only 6.9% is harnessed. Solar potential is estimated at 57,360 MW with only 17% installed capacity.
