Rs 4.48 Trillion Investment Interest for Northeast at Summit

25 Jul 2025 CW Team

The Ministry of Development of North Eastern Region (MDoNER) organised the Rising Northeast Investors Summit 2025 to boost trade and investment in the region. Combined with its pre-event roadshows, the Summit attracted investment interest totalling Rs 4.48 trillion through Memoranda of Understanding (MoUs), letters of intent, and qualified leads from private firms, public-sector undertakings, and major industrial houses. State governments are currently engaging with all investors to implement these proposals.

Energy and agri-food processing, along with allied sectors, drew the majority of investment interest during the event.

To further industrial growth in the region, the Government of India is implementing the Uttar Poorva Transformative Industrialisation (UNNATI) Scheme. This includes three core incentives: Capital Investment Incentive, Central Capital Interest Subvention Incentive, and a Manufacturing & Services Linked Incentive. In addition, states are enhancing investor facilitation through single-window clearances, investment promotion agencies, land banks, and sector-specific incentives.

MDoNER is working closely with state authorities and stakeholders to ground investment proposals effectively.

State governments are also promoting the use of low-carbon technologies and sustainable practices to ensure economic progress while preserving the North East's ecologically sensitive environment. Priority is given to green industries with minimal environmental impact.

This information was shared by Dr Sukanta Majumdar, Minister of State for MDoNER, in a written response in the Lok Sabha.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..