Prime Minister Narendra Modi on Saturday inaugurated the two-day Global Investment Summit in Guwahati, a first of its kind initiative in the northeast, and said a new terminal being constructed at Guwahati airport would boost the region’s connectivity with ASEAN countries.
Addressing the event, being held at the Sarusojai Stadium in Guwahati, the Prime Minister expressed his happiness that Bangladesh and Bhutan have opened their consulate offices in Guwahati and said the northeast is at the heart of India’s ‘Act East Policy’.
Modi said the initiatives were taken by the BJP-led NDA government at the Centre for the last three and half years “are becoming evident” and that his government had spent Rs 5,300 crore every year in northeastern states to improve the railway network. Modi said that roads and railways are being constructed at a faster pace in the northeast and electricity is being generated at a similar pace.
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The summit, a first of its kind two-day initiative, is expected to see the participation of top industrialists of the country including Ratan Tata and Mukesh Ambani. The summit is likely to see the participation of over 5,000 delegates from across the world, including ASEAN countries.
Officials said that over 250 MOUs worth Rs 60,000 crore are expected to be signed on the first day of the summit on Saturday.
Other top industrialists are expected to participate include, Anand Burman (Dabur), Subhash Chandra (Essel Group and ZEE), Amar Abrol (Air Asia India), Rashesh Shah (Edelweiss), Sushil Goenka (Emami Group), Sanjiv Puri (ITC Limited), Harshavardhan Neotia (Ambuja Neotia Cements), and Balakrishnan Goenka (Welspun Group). Naresh Trehan (Medanta- The Medicity) and filmmaker Subhash Ghai are also expected to attend.
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