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NE business summit to address key issues
Published on 20 Jan. 2011 10:39 PM IST
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The Indian Chamber of Commerce (ICC), along with ministry of DoNER, government of India is organizing its annual flagship ‘North-East Business Summit’ in Mumbai between January 21 and 22.
Apart from the previous 5 north-east business summits, the Indian Chamber has also organized mega trade and investment shows on the north-east abroad, particularly in South & South-East Asian countries, which, the ICC feels, can be natural trade partners of the north-east region because of the latter’s strategic location and proximity to these countries.
The ICC, along with MDoNER, and the ministry of commerce, Govt. of Thailand, organized the “North East Trade & Investment Opportunities Week” in Bangkok in 2007, which was the largest ever business delegation from India to Thailand. One-to-one meetings witnessed signing of several MOUs which were later translated into actual investments from Thai companies. Several high-profile Delegation Exchanges with neighbouring countries like Bangladesh, Myanmar and Bhutan to foster trade through the NER have been organized quite frequently by the Chamber over the last few years.
The 2-day mega ‘6th north-east business summit’ will address key issues related to the overall socio-economic development of the north-east, which, despite being a region with tremendous economic potential, has not been able to grow as expected, and has literally remained untapped.
The summit will have focused sessions on strategic areas like: Prospects of mining in north-east; enhancing infrastructure in the NER; agenda north-east opportunities & strategies; action agenda for agro and food processing in the region; opportunities in the tourism and hospitality sector, etc. The summit will also have an exhibition on the north-east region wherein all the states will display their indigenous products, and showcase their comparative advantages to investors.
More than 1000 delegates from across the country, and also from neighbouring countries are expected to attend the summit.
The summit will witness the coming together of a very large number of top Indian and international cabinet ministers, chief ministers of the north-eastern states, policy makers, govt. representatives, bureaucrats, industry captains, economists and analysts as guest speakers and Experts.
Shahjahan Khan, Minister of Port & Shipping, Govt. of Bangladesh; B K Handique, Union Minister, Ministry of DoNER & Mines; Subodh Kant Sahay, Union Minister of Food Processing Industries; Sachin Pilot, Minister Information & Technology; Sultan Ahmed, Union Minister of State for Tourism; Jayati Chandra, Secretary, DoNER; Rajen Habib Khwaja, Secretary, Tourism; S Vijay Kumar, Secretary, Ministry of Mines; M Madhavan Nambiar, Secretary, Civil Aviation; Raminder Singh Gujral, Secretary, Road, Transport & Highways; Ashok Sinha, Union Secretary of Ministry of Food Processing Industries; Dr K G Karmakar, Managing Director, NABARD; Asit Tripathy, Chairman, APEDA; O P Bhatt, Chairman – SBI ; Harishankaran, Managing Director, IL&FS; P Sengupta, Vice President, Tata Steel; Rana Kapoor, MD & CEO, Yes Bank; Ravi Kastia, Executive Director, Essel Mining, among others, are some of the Dignitaries who are expected to grace the Summit with their august presence.
The ICC will release 3 reports on powering infrastructure growth in north-east, capacity development & skill upgradation in NER, and horticulture in north-east India at the summit – the reports are actionable agenda papers, done by Yes Bank, ICC’s Knowledge Partner in the Summit.

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