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. 

Next Story
Real Estate

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Next Story
Building Material

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Next Story
Infrastructure Urban

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement