Northeast Global Investors Summit was held in Sikkim

The Northeast Global Investors Summit was organised by the State Government of Sikkim, MDoNER, FICCI, EY, and Invest India. It was the fourth in a series of State level Roundtable Conferences held in the run up to the main event. Senior officials from the Ministry of DoNER, VB Pathak, Chief Secretary, Government of Sikkim, and Shri.Harpreet Singh, Joint Secretary, Ministry of DoNER.

Officials from the State Government of Sikkim, industry participants, start-ups, and business houses discussed crucial investment avenues in Sikkim and the North East region. Sikkim has favourable socio-economic indicators for manufacturing industries, such as an 88.7% literacy rate, the highest per capita income among the Northeastern states, and the cleanest state in India.

 Industries in the state have benefited from recent Union and State Government policies such as PMDevINE, which earmarked a fund of Rs 1,500 crore towards infrastructure expansion. After the Business B20 meeting of the G20 in Gangtok, the State Government has received proposals worth Rs 1,000 crore for various projects in the state, and has also received interest from investors in Norway and Japan. Shri.Lok Ranjan, Secretary to the Government of India, Ministry of DONER, said, “We are grateful for the participation of individuals from across the country in this event today, and we look forward to building stronger partnerships for the development of the region.”

By Business Bureau