Northeast at heart of Act East Policy, says Modi

Prime Minister Narendra Modi at Assam Global Investor Summit

This was announced by the Prime Minister Narendra Modi at Assam Global Investors' Summit. The event shall showcase the manufacturing prowess and the opportunities offered by the State in terms of export-oriented manufacturing and services to growing economies in South and South-East Asia.

The Prime Minister, talking about the achievements of his government at length, said, "We created the Act East Policy and the Northeast is at the heart of it". Bhutanese PM Tshering Tobgay, several Union ministers, chief ministers of neighbouring Arunachal Pradesh and Manipur, ambassadors and high commissioners of 16 countries, RIL chairman Mukesh Ambani, Tata Sons chairman N Chandrasekharan attended the meet.

Elections are due in three northeastern states in February.

Earlier this morning Governor Jagdish Mukhi and the Assam Chief Minister received PM Modi at the airport
Earlier this morning Governor Jagdish Mukhi and the Assam Chief Minister received PM Modi at the airport

"But the Indian growth engine can not run smoothly if the Northeast, which needs to develop fast, is left behind", he said.

Mr Modi emphasized the NDA government accelerating the functioning of official machinery and completing programmes before the target.

" We have also requested centre for eased travel rules and increased cultural exchanges among students, academics and professionals", Mr Sonowal said. Asking investors to avail the improved investment environment in India, Mr Modi said that Guwahati is being developed into a Smart City.

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Oil India will be investing INR 10,000 crore, Indo-UK Institute of Health will be investing INR 2,700 crore, Century Ply has shared plans of investing 2,100 crore, Spicejet outlined plans of INR 1,250 crore worth of investment for Assam through sea planes boosting the tourism sector besides connecting Lakhimpur and Jorhat under the Udaan Scheme.

Indian Oil Corporation will invest Rs 3,400 crore in Assam over the next five years to expand its operations by setting up new units as well as upgrading the existing ones, a senior International Olympic Committee official said today.

"Prime Minister Narendra Modi in a recent visit said North East means New Engine for India and this event vindicates Government of India's priority to push forward North East on the journey of development", added the Union Minister.

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Mr.NChandrasekaran, Chairman, Tata Sons said that the company is working with Assam Government for cancer hospital facilities and plans to touch almost two million lives in Assam.

Assam, he said, was a low priority State for telecom operators, but for Reliance it is a Category A State and the company is the largest private sector investor of the State, having invested Rs 5,000 crore.

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