11th North East Business Summit begins in New Delhi
Real Estate

11th North East Business Summit begins in New Delhi

The 11th North East Business Summit (NEBS) has commenced in New Delhi today. The two-day event is an initiative to facilitate investment, highlight strengths of the North-East Region and business opportunities which North-East has to offer.

Suresh Prabhu, Union Minister for Railways, in a video message delivered on the occasion, said that an e-commerce portal will soon be launched to sell NER handicrafts and handloom worldwide on the IRCTC website. And, the Darjeeling Gorkha Hill Council has assured providing land for expansion of the rail link to Darjeeling, which will be further extended to Sikkim.

Dr Jitendra Singh, Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, , will be addressing the conclave tomorrow.

Addressing the inaugural session of the two-day conclave, Naveen Verma, Secretary, Ministry of Development of North Eastern Region (DoNER), has proposed a green corridor based on the Indian Railways Broad Gauge network to give a fillip to industry in the North Eastern Region. Inaugurating the 11th North East Business Summit (NEBS), Verma said that faster and reliable transit facilities and freight modes are much needed to make the North Eastern Region products competitive.

Pointing out that most of the North Eastern Region horticulture and agriculture produce is exported to neighbouring countries bordering the North Eastern Region, Verma said the government is committed to encourage value addition to the region’s natural produce. The DoNER Secretary urged the entrepreneurs to take advantage of investment opportunities in the region especially as all Central Ministries have earmarked 10 per cent Budget to projects in the North Eastern Region. He also called upon the organisers of the NEBS to host the next Summit in the North Eastern Region, so as to demonstrate the emergence of the region as a business destination.

Further, Aruna Sundararajan, Secretary, Electronics & IT, said that around 20 per cent of India’s sunrise BPO sector with an annual turnover of $155 billion is serviced by the NE people. With the government planning three more Software Technology Parks of India (STPI) units in the North Eastern Region, the government hopes at least a fraction of this revenue will be generated from the region itself.

Also, Ramesh Abhishek, Secretary, Department of Industrial Policy & Promotion (DIPP), appealed the industry chambers to take advantage of the North East Indsutrial Policy programme. He called upon the NE states to strive to improve their rankings in the DIPP’s online real time index of states and UTs based on ‘Ease of doing Business’ (EODB) criteria. 

The 11th North East Business Summit (NEBS) has commenced in New Delhi today. The two-day event is an initiative to facilitate investment, highlight strengths of the North-East Region and business opportunities which North-East has to offer. Suresh Prabhu, Union Minister for Railways, in a video message delivered on the occasion, said that an e-commerce portal will soon be launched to sell NER handicrafts and handloom worldwide on the IRCTC website. And, the Darjeeling Gorkha Hill Council has assured providing land for expansion of the rail link to Darjeeling, which will be further extended to Sikkim. Dr Jitendra Singh, Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, , will be addressing the conclave tomorrow. Addressing the inaugural session of the two-day conclave, Naveen Verma, Secretary, Ministry of Development of North Eastern Region (DoNER), has proposed a green corridor based on the Indian Railways Broad Gauge network to give a fillip to industry in the North Eastern Region. Inaugurating the 11th North East Business Summit (NEBS), Verma said that faster and reliable transit facilities and freight modes are much needed to make the North Eastern Region products competitive. Pointing out that most of the North Eastern Region horticulture and agriculture produce is exported to neighbouring countries bordering the North Eastern Region, Verma said the government is committed to encourage value addition to the region’s natural produce. The DoNER Secretary urged the entrepreneurs to take advantage of investment opportunities in the region especially as all Central Ministries have earmarked 10 per cent Budget to projects in the North Eastern Region. He also called upon the organisers of the NEBS to host the next Summit in the North Eastern Region, so as to demonstrate the emergence of the region as a business destination. Further, Aruna Sundararajan, Secretary, Electronics & IT, said that around 20 per cent of India’s sunrise BPO sector with an annual turnover of $155 billion is serviced by the NE people. With the government planning three more Software Technology Parks of India (STPI) units in the North Eastern Region, the government hopes at least a fraction of this revenue will be generated from the region itself. Also, Ramesh Abhishek, Secretary, Department of Industrial Policy & Promotion (DIPP), appealed the industry chambers to take advantage of the North East Indsutrial Policy programme. He called upon the NE states to strive to improve their rankings in the DIPP’s online real time index of states and UTs based on ‘Ease of doing Business’ (EODB) criteria. 

Related Stories

Gold Stories

Next Story
Equipment

Enerpac launches battery and diesel-powered split-flow pumps

Enerpac has introduced two split-flow pump series for multi-point lifting and skidding applications, particularly at remote industrial sites and locations with limited access to conventional power sources.The new SFP-B Series is battery-powered, while the SFP-D Series runs on diesel. Both operate at pressures of up to 700 bar and are designed to simplify equipment setup and provide greater control during lifting operations.The SFP-B Series offers up to 75 minutes of runtime at full capacity and has four outlets for multi-point lifting. Its 150-litre oil reservoir supports demanding application..

Next Story
Infrastructure Urban

Electromech Infraprojects Files DRHP for Rs 3.26 Billion IPO

Electromech Infraprojects has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed initial public offering (IPO). The offering comprises a fresh issue of equity shares aggregating up to Rs 3.26 billion and an offer for sale of up to 1.89 million equity shares by existing shareholders. The shares have a face value of Rs 5 each.The Mumbai-based company provides mechanical, electrical and plumbing (MEP) solutions for data centres, Global Capability Centres (GCCs), and commercial and industrial projects. Its services cover technical de..

Next Story
Real Estate

Dubai South Home Sales Rise 27% Above 2025 Total: Anarock

Dubai South recorded 12,428 residential property transactions between January and August 2026, surpassing the 9,788 transactions registered during the whole of 2025 by 27 per cent, according to Anarock Research's Dubai South Residential Micro-Market Report. Residential sales value reached AED 15.9 billion during the eight-month period, representing 81 per cent of the AED 19.6 billion recorded in 2025.The report highlights significant growth in Dubai South's residential market, with annual sales value increasing from AED 720 million in 2020 to AED 19.6 billion in 2025. Transaction volumes also ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code