Itanagar: Arunachal Pradesh has received investment proposals totaling Rs. 6,357 crore through the signing of 16 Memoranda of Understanding (MoUs) at the Rising Northeast Investors Summit, held in New Delhi on May 23–24, according to an official statement.
The MoUs span a wide range of sectors, including agri-biofuel, afforestation, healthcare, education, information technology, tourism, and renewable energy.
The agreements were formalized between the state’s Secretary of Planning and Investment and representatives from various companies.
Among the most significant proposals is a Rs. 2,324 crore investment by Agri-Biofuel Global Ltd, aimed at converting agricultural waste into fuel for aviation and maritime use.
Developer Group India Pvt Ltd has pledged Rs. 1,760 crore for afforestation and carbon credit monetisation initiatives, along with additional investments in bamboo plantations.
Inlamobi Pvt Ltd has proposed a Rs. 1,000 crore investment to establish a European Blue Valley Fragrances & Flavours Ayush cluster.
Meanwhile, Medhavi Group plans to invest Rs. 178 crore to build a Skill, Innovation, and Tribal Entrepreneurship University in Ziro, which is expected to generate over 430 direct jobs.
Farm Native Group is set to invest Rs. 150 crore in a 250-bed super specialty hospital, projected to create more than 1,000 direct and indirect jobs.
Other agreements involve the development of data centres, tourism infrastructure, and projects focused on spiritual and heritage tourism.
These investments are anticipated to generate thousands of employment opportunities, improve healthcare and education facilities, and support the state’s sustainable development goals.
Deputy Chief Minister Chowna Mein, who also holds the Planning and Investment portfolio, was present during the MoU signings.
He welcomed the participating investors and described the summit as a transformative milestone for Arunachal Pradesh.
Mein emphasized the state’s emerging status as an attractive investment destination and reiterated the government’s commitment to inclusive and sustainable progress.
He also praised the Planning and Investment Department for creating a conducive environment for investors and spearheading these strategic collaborations.
In a broader boost for the region, industry leaders Mukesh Ambani, Gautam Adani, and Anil Agarwal jointly announced plans to invest over Rs. 1.55 lakh crore in the North Eastern states during the summit’s opening day, marking a historic show of confidence in the region’s economic potential.
