First ever NE Investors Summit to kick off in Shillong

The first-ever two day Northeastern region Investors Summit focusing on manufacturing and allied sector to begin from tomorrow Sunday, 29 January in Shillong. The summit is being organized jointly by the Textile and the DoNER ministries, in collaboration with industry associations, FICCI and CII, and would be inaugurated by Union Textile Minister Smriti Zubin Irani.

The theme being Exploring Opportunities in North East Region, the summit aims to showcase the NER as a global destination for investment, and to explore the possibility of bringing in convergence of efforts of various central Ministries and Northeastern States to attract investment in NER, the Textile Ministry said.

Union Minister for DoNER, Jitendra Singh; Meghalaya Chief Minister Mukul Sangma, Minister of State for Home Affairs Kiren Rijiju; Minister of State for Textiles Ajay Tamta; NITI Aayog vice chairman Arvind Panagariya and other dignitaries would attend the summit.

The event will showcase the unique opportunities in textile manufacturing that the NER offers to the business world. It is expected to usher in a new era of collaboration, not only for investments but also for new skills and advanced production technology.

Buyer-Seller meets and exhibitions would also be held on both days of the summit.

The states of the NER would put up exclusive stalls and make presentations on investment opportunities in textile manufacturing in these states. The summit will have focussed sessions on Showcasing Opportunities in Textiles in North East, Entrepreneurship Development and Start-ups, Enhancing Reach of North East Textiles through Textile Design and Marketing, Ease of Financing of Textiles Industry in North East and Improving Infrastructure in NER.

Various MoUs between industry bodies and state governments are expected to be signed during the summit, which would promote investment and boost manufacturing in the region.

The Summit will be attended by all northeastern states, industries from northeastern region and leading investors across the country. It is expected to unlock the huge potential of the NER in textile manufacturing and generate new avenues for employment in the region.