Northeast Emerges as India Inc.'s Next Big Bet

PM says first Made-in-India chip from an NE-based semiconductor plant will be introduced soon

- JADEN MATHEW PAUL

India's top industrial houses, led by Reliance Industries, the Adani group, and Vedanta group, on Friday pledged a number of investments across sectors in the Northeast region.

Addressing the Rising North East Investors Summit, Prime Minister Narendra Modi said the diversity of the Northeast is its biggest strength, and every state in the region is declaring its readiness for investment and leadership.

"The Northeast is emerging as a key destination for two strategic sectors — energy and semiconductors," he said.

He said the first Made-in-India chip from a Northeast-based semiconductor plant will soon be introduced, signaling a major milestone for the region that will unlock opportunities for cutting-edge technology and solidify the region's position in India's high-tech industrial growth.

He said the Northeast was once associated with "bombs, guns and blockades" that severely impacted opportunities for its youth. "Our government has a zero-tolerance policy against terrorism and insurgency," he said.