“Today, the Northeast is playing a larger role in strengthening the country’s semiconductor ecosystem. The country is soon going to get the first ‘Made in India’ chip from the semiconductor plant in the Northeast,” Modi said in his inaugural address at the Rising Northeast Investors Summit 2025.

In August last year, the Tata Group had commenced construction of a semiconductor unit in Assam, with a total investment of Rs 27,000 crore.

The prime minister said that the semiconductor plant has opened doors of opportunity for the semiconductor sector and other cutting edge- technology in the region.

Modi said that the government is making large investments in areas of hydro or solar power in every state of Northeast, and projects worth crores have already been distributed.

He said investors not only have an opportunity to invest in plants and infrastructure in the Northeast but have a golden chance to invest in the manufacturing sector in the region, he said. He highlighted that there was a need for large investments in solar modules, cells, storage and research, as they are the future.

“The more we invest in the future, the lesser will be our dependence on other countries,” he said.

He said the Northeast, which was once called the frontier region, has now become a frontrunner for growth.

The prime minister said robust roads, good power infrastructure and a logistics network are the backbone of all the industries. Trade also flourishes where connectivity is seamless. This means robust infrastructure is the first condition for any development; it is the foundation.

“This is the reason that we have started an infrastructure revolution in the Northeast. For a long time, the Northeast remained in scarcity. But now, the Northeast is becoming a land of opportunities,” Modi said.

The government has invested heavily to improve connectivity infrastructure; in just one decade, 11,000 km of new highways have been constructed, along with several kilometers of rail lines have been laid in the Northeast, he said.

Modi said in the coming decade, the Northeast is going to see a manifold increase in its trade potential. Today, the trade volume between India and ASEAN is nearly $1.25 billion. This trade volume will cross $200 billion in the coming years, and the Northeast is going to become a strong bridge for this. It will become a trade gateway for ASEAN, he said.

Speaking on occasion, Adani Group’s Chairman, Gautam Adani, announced that his group will invest an additional Rs 50,000 crore across the Northeast over the next 10 years. The group had pledged an investment of Rs 50,000 crore in Assam three months ago.

Reliance Industries Ltd Chairman and Managing Director, Mukesh Ambani said the group has invested around Rs 30,000 crore in the region in the past 40 years.

“In the next five years, we will more than double our investments, with our target at Rs 75,000 crore,” Ambani said.

He said Reliance Retail will vastly increase its procurement of staples, fruits, and vegetables to boost the income of farmers of the region.