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North East to be developed as investment hub: DoNER Minister

The Minister made this statement, while virtually addressing the 30th Annual General Meeting of the American Chamber of Commerce in Indian (AMCHAM-India).

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New Delhi: Union Minister for Development of North Eastern Region (DoNER) G Kishan Reddy on Friday said the North East (NE) region will be developed as the hub of investment.

The Minister made this statement, while virtually addressing the 30th Annual General Meeting of the American Chamber of Commerce in Indian (AMCHAM-India).

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He said the NE region was full of potential and a strong contender for international trade, owing to its competence in sectors such as tourism, organic farming & agriculture and its geo-strategic location, as it shares borders with multiple countries.

“India has entered the ‘Amrit Kaal’. During this phase, the true potential of each and every corner of India will be unleashed, including the North East,” Reddy said.

The Minister appealed to the business community to invest in NE and tap into its unexplored potential. Citing that the government was playing a strategic role of an enabler by creating a conducive business environment in the region, Reddy assured all support in this regard.

He also highlighted how the NE region was charting its course to development, riding on its inherent potential and unprecedented focus of government.

The AMCHAM-India is an association of American business organisations operating in India. Established in 1992, AMCHAM has over 400 US companies as members.

The principal objectives include promotion of activities that would encourage and stimulate investment by US companies in India and increasing bilateral trade.

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