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Northeast India to become trade gateway to Southeast Asia with US$51 billion investment boost

The developments include the establishment of over 800 schools

Indian Prime Minister Narendra Modi inaugurated the first-ever Rising Northeast Investors Summit in New Delhi, as reported by ANI, a partner of TV BRICS. The event drew investment intentions exceeding US$51.8 billion, underscoring the region’s transformation into a gateway for trade, innovation, and connectivity.

In his address, Prime Minister Modi emphasised that from trade to tradition and textiles to tourism, the region holds immense potential. Over the past decade, strategic investments have fuelled this growth, including more than US$2.53 billion in the education sector alone.

Notable developments include the establishment of over 800 schools, the region’s first All India Institute of Medical Sciences, nine medical colleges, and two Indian Institutes of Information Technology.

The Rising Northeast Investors Summit, organised by the Ministry of Development of North Eastern Region, featured policy showcases, B2G and B2B meetings, and exhibitions aimed at promoting state and central investment initiatives. The summit followed extensive pre-summit engagements across major Indian cities.

Prime Minister Modi also outlined future trade connectivity plans, including the India-Myanmar-Thailand Trilateral Highway, which will link Northeast India directly with Southeast Asia.

According to the official statistics, the Northeast’s Gross State Domestic Product (GSDP) stood at US$111.6 billion in 2023–2024.

Photo: iStock