The 5th North East Business Summit organized by the Ministry of DoNER and the Indian Chamber of Commerce (ICC) was held on January 8 and 9 at Hyatt Regency, Kolkata. The main focus for the Summit was on agro and food processing, IT, tourism, infrastructure development in the North East and ASEAN-India FTA.
Nagaland delegation comprising of 11 members was led by Dr. K.C. Nihoshe, Parliamentary Secretary industries and commerce and M.K. Mero, OSD industries and commerce along with the officials of Directorate of Industries & Commerce, NIDC, NHHDC Ltd. & NBDA. The Parliamentary Secretary (Ind. & Com.) in his address in the Valedictory Session as special guest highlighted the potential for investment in Nagaland and OSD (Ind. & Com.) presented the comparative advantages for setting up Agro and Food Processing Industries in the State of Nagaland in the North East Agro & Food Processing Session.
As many as 800 delegates attended the Summit, including Ministers, Ambassadors, High Commissioners & Consulates from 8 ASEAN countries of Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Thailand and Vietnam. Other countries like Bangladesh, Nepal, Bhutan, and China also attended the Summit. The Summit was one of the biggest ever held with every country urging Myanmar and Bangladesh to accelerate opening up of the corridor connecting South East Asia through their borders.
A press note issued by Director of Industries & Commerce, Er. G. Keppen Rengma stated that a good number of outside investors were keen to invest in sectors like cement, bitumen, healthcare, education, food processing, tourism, IT, medicinal & aromatic plants and raised certain queries on the fields. NHHDC Ltd. & NBDA showcased some of the State products during the exhibition.