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6th NE Business Summit in Mumbai from today

 SHILLONG, Jan 20 – The Indian Chamber of Commerce is organising the 6th North East Business Summit in Mumbai from tomorrow which will address key issues related to the overall socio-economic development of the North East.

Despite being a region with tremendous economic potential, North East has not been able to grow as expected and has literally remained untapped, ICC Director General Rajeev Singh said.

The two-day summit is the annual flagship meet held for the 6th time in collaboration with the Ministry of DoNER and is the largest trade and investment conference-cum-exposition on India’s North East region.

The Indian Chamber strongly feels that policies and programmes need to be suitably monitored and implemented for taking the region to a higher growth trajectory, in sync with the NE Vision 2020 document released by Prime Minister Manmohan Singh in 2008.

It recommends a structural transformation of the region in terms of development to catch up with the rest of the country with an increasing average growth rate of 12.95 Gross State Domestic Product (GSDP) per annum from the present 7.5 per cent, an official communique said.

The Summit will have focused Sessions on strategic areas like: Prospects of Mining in North-East; Enhancing Infrastructure in the NER; Agenda North-East – Opportunities and Strategies; Action Agenda for Agro and Food Processing in the region ; Opportunities in the Tourism and Hospitality sector. – PTI

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