In a major initiative to promote economic development in the North Eastern Region, the Ministry of Development of North Eastern Region (MDoNER) signed a Memorandum of Understanding (MoU) with Invest India on October 14, 2024. This partnership marks a pivotal step towards attracting more investments to the region and driving economic growth.
The MoU aims to foster collaboration between MDoNER and Invest India, with the goal of transforming the North Eastern Region into a lucrative investment hub. By streamlining investment processes, providing investor support, and promoting the region's potential, the initiative will enhance the local business environment and unlock numerous opportunities.
This collaboration is expected to generate employment, encourage entrepreneurship, and contribute to the overall socio-economic development of the North Eastern states, highlighting their strategic importance in India's economic growth story.
FIRST Business Portal addressing the potential of business capability of North East Region.
