Guwahati: The Northeast Business Conclave 2.0, organized by Business North East (a unit of Red Bee Inc.) on March 8, 2025, emerged as a transformative platform, fostering discussions on economic growth, industrial development, and digital innovation in Assam and the Northeast. The event held on March 8, was graced by Chief Guest Shri Biswajit Daimary, Hon’ble Speaker, Assam Legislative Assembly, and Guest of Honour Shri Bimal Borah, Hon’ble Minister of Industries, Commerce & Public Enterprises, underscoring the Government of Assam's commitment to driving industrialization and entrepreneurship in the region.
Assam’s Industrial Growth & Investment Milestones
In his address, Industry Minister Bimal Borah highlighted Assam’s rapid industrial transformation under the Act East Policy, spearheaded by Prime Minister Shri Narendra Modi and Chief Minister Dr Himanta Biswa Sarma’s investor-friendly policies. He emphasized that Assam is emerging as a major investment hub, with MoUs worth ₹50,000 crore signed, including a semiconductor assembly and testing unit by Tata Group in Jagiroad, marking the state’s foray into high-tech manufacturing.
Powering a Sustainable Energy Future
The conclave featured an impactful panel discussion on "Building a Green, Integrated, and Resilient Energy Landscape", moderated by Shri Atindra Roychoudhury, Former Resident Chief Executive Oil India Limited. The session explored sustainable energy solutions with insights from key industry leaders, including:
Discussions covered NRL’s bamboo-based ethanol plant, India’s Northeast Gas Grid, and Oil India’s green hydrogen initiatives, reinforcing Assam’s commitment to clean energy.
Unlocking Northeast’s Digital Potential
A special session on digital innovation explored opportunities in semiconductors, AI, IoT, and the startup ecosystem. Experts emphasized the need for advanced skill development, with panelists, including:
Strengthening Cross-Border Trade
A session on "Cross-Border Trade Opportunities", moderated by Shri Sandeep Khaitan, Director, FINER, explored Northeast India’s trade potential with Southeast Asia. Panelists included:
International Perspectives
H.E. Jigme Thinley Namgyal, Hon’ble Consul General of Bhutan to Guwahati, reaffirmed Assam’s crucial trade partnership with Bhutan, while Mr KVulo Lorin, Chairman, Nagaland Industrial Development Corporation (NIDC), urged entrepreneurs to embrace global markets and regional collaboration.
Recognizing Innovation: BNE Startup Awards 2025
The event also celebrated North East’s entrepreneurial spirit through the Business North East Startup Awards 2025. Seven outstanding startups were honored, including:
House of Locals
Zymolent Bioscience
LW3 Pvt. Ltd.
Riftak Industries
Arunachal Ivory & Ornaments Pvt. Ltd.
NE Crafter Enterprise
Additionally, Wommaniaas, a collective of women entrepreneurs, was recognized as the Rising Women Entrepreneurs of Northeast India in celebration of International Women’s Day.
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Conclusion: A Vision for an Industrially Vibrant Northeast
The conclave concluded with a high-impact networking session, fostering collaboration between policymakers, investors, and entrepreneurs to drive Northeast India’s industrial transformation. Business North East remains committed to catalyzing growth and showcasing the region’s economic potential.
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Pankhi Sarma
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About Business North East
Business North East (BNE) is the region’s premier and only dedicated business news platform, offering data-driven insights on market trends, policies, and industry developments, bridging local enterprises with global opportunities for sustainable growth.
FIRST Business Portal addressing the potential of business capability of North East Region.
