New Delhi, May 17 (PTI) The Meghalaya government will host the North East India Infrastructure Summit and Exhibition (NEIINFRA) on June 11 and 12 that will see policymakers, investors, financial institutions and industry leaders deliberate on connectivity, investment and the region’s growth.
At an event here on Friday, Meghalaya Chief Minister Conrad Sangma said his state’s economy has doubled over the last five years, while capital investment has increased four times since 2018.
Calling Meghalaya one of the fastest growing economies in the country, Sangma stressed that the state has been consistently growing at the same pace for the last three to four years, which is critical for investor confidence, according to a press release.
Highlighting the Meghalaya Industrial Promotion Policy, the chief minister said the state has rolled out large incentives for investors.
Underscoring Meghalaya’s strong entrepreneurship ecosystem, Sangma said the state has consistently been recognised for having the best ecosystem for entrepreneurs.
He also spoke about Meghalaya’s expanding IT ecosystem, noting that the state’s first IT park is already packed while the upcoming second IT park has also received an overwhelming response from national and global industry leaders.
Secretary, Ministry of Development of North Eastern Region, Sanjay Jaju, appreciated Meghalaya’s rapid development trajectory and reiterated the government of India’s continued support towards infrastructure-led growth and regional integration in the northeast.
He credited Sangma for Meghalaya’s rapid growth, describing it as the fastest-growing state in the country, the release said. PTI ACB DIV DIV
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