At the Rising Northeast Summit, Mukesh Ambani, Chairman of Reliance Industries, lauded Prime Minister Narendra Modi and the Indian armed forces for the resounding success of Operation Sindoor. Ambani emphasized that the operation's success is a powerful testament to Modi's unwavering resolve and the unparalleled bravery exhibited by the armed forces.
The Rising Northeast Summit, held in New Delhi, aims to boost investment and development in the Northeastern region of India. The summit brings together policymakers, industry leaders, and investors to explore opportunities and foster economic growth in the region. Union Minister Jyotiraditya M. Scindia has been instrumental in promoting investment in the Northeastern states, holding meetings with top industry leaders, including Mukesh Ambani, Kumar Mangalam Birla, and N. Chandrasekaran, ahead of the summit.
Ambani's address at the summit underscored Reliance Industries' commitment to the Northeast. He announced Reliance's plan to invest ₹75,000 crore in the region over the next five years. This investment aims to spur economic growth and replicate the success seen in neighboring countries like Singapore and Malaysia. Ambani also mentioned that Reliance Retail would increase procurement from the region, further boosting local economies.
The Ministry of Development of North-East Region (MDoNER) has been actively working to promote investment in the region. They have established eight task forces, one for each Northeastern state, led by the respective Chief Ministers. These task forces are responsible for identifying key sectors and guiding investment plans. These efforts have resulted in over 732 investment proposals worth over ₹1.12 lakh crore, demonstrating growing investor interest in the Northeast's potential.
The Rising Northeast Summit 2025 focuses on various sectors, including agriculture, artificial intelligence, textiles, tourism, education, and entrepreneurship. The goal is to integrate the eight states into a unified development goal, positioning the Northeast as India's new growth engine. Public-private partnerships are considered crucial for achieving sustainable development in the region.
Prior to the summit, Minister Scindia highlighted the government's strategic plan to develop the Northeast. He emphasized the importance of integrating the eight states into one unified development goal, positioning the Northeast as India's growth engine. He also stressed the importance of public-private partnerships in bringing sustainable development to the region. The ministry has also taken several initiatives, including the creation of a High-Level Task Force with the Chief Ministers of all eight Northeastern states and the establishment of Investment Promotion Agencies (IPAs) in each state to facilitate private sector investment.
In February 2025, during the Advantage Assam 2.0 Infrastructure and Investment Summit, Ambani announced that Reliance Industries would invest more than Rs 50,000 crore in Assam over the next five years, with a specific focus on technology and digital domains.