Northeast Global Investment roundtable meet held in Sikkim

The Roundtable was the fourth in a series of State level Roundtable Conferences held in the run up to the main event of Northeast Global Investors Summit. The event was organised by the State Government of Sikkim and the Ministry of Development of North Eastern Region (MDoNER), FICCI (Industry Partner), EY (Knowledge Partner), and Invest India (Investment Facilitation Partner).

Senior officials from the Ministry of DoNER, VB Pathak, and Shri. Harpreet Singh discussed investment opportunities in Sikkim and the North East region with industry participants, start-ups, and business houses. Sikkim has favourable socio-economic indicators for manufacturing industries, with an 88.7% literacy rate and the highest per capita income among Northeastern states.

 Industries in the state have benefitted from Union and State Government policies such as PMDevINE, which earmarked Rs 1,500 crore for infrastructure expansion. After the G20 Business B20 meeting in Gangtok, the State Government has received proposals worth Rs 1,000 crore for various projects. Investors in Norway and Japan have expressed interest in the state. Shri. Karma R. Bonpo, Secretary, Commerce & Industries Department, Government of Sikkim, too, pointing to the opportunities in the state, said, “We welcome investors to explore the potential of Sikkim and partner with us in creating a better future for our people and the state.”

By Business Bureau

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