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Economy

Reliance and Adani group pledge huge investments in the Northeast

The announcements were made at the two-day ‘Rising North East Investors Summit’ that began on May 23 in the Capital

News Arena Network - New Delhi - UPDATED: May 23, 2025, 04:22 PM - 2 min read

Adani Group Chairman Gautam Adani at the Rising North East Investors Summit (Source: PTI)


Two of India’s top industry leaders, Mukesh Ambani of the Reliance group, and Gautam Adani of the Adani group, have vowed to make massive investments in India’s North-eastern states over the next five and 10 years respectively. They made the announcement at the Rising North East Investors Summit 2025 in New Delhi where most industry bigwigs were in attendance. 


“We aspire to touch the lives of most of our 45 million sisters and brothers in Northeast,” said Mukesh Ambani, chairman and MD, Reliance Industries, who said his group will pump in ₹75,000 crore in the region over the next five years. Reliance has invested around ₹30,000 crore in the North-eastern part of India in the past 40 years, and with this new investment, it is expected that over 2.5 million direct and indirect employment opportunities would be added.


Vowing to transform the (North-eastern) region’s vast “wasteland into wealth-land”, Ambani said they planned to set up 350 integrated compressed biogas plants; double Jio’s over-5-million 5G subscribers this year; and also make investment in North-eastern states “in factories for high-quality FMCG products in the region and promote the region’s fabulous artisan economy”.


Delving in healthcare, Ambani said that they aim to bring high-quality cancer-care to the far east. “To begin with, we have established a 150-bed comprehensive cancer hospital in Manipur. We are collaborating with Mizoram University on care of breast cancer using genomic data. In Guwahati, we have built an Advanced Molecular Diagnostics and Research Lab. It will be among the largest Genome Sequencing Capacities in the India. We will help transform the North-East into a healthcare hub and a research powerhouse,” he said.


The Reliance Foundation also said it would boost sports in the region by setting up Olympic Training Centres to help the eight states’ youth prepare for the Olympics.


The Rising North East Investors Summit, which PM Modi inaugurated on Friday at Bharat Mandapam in New Delhi, aims to highlight the North East region as a land of opportunity and attract both global and domestic investment.


Meanwhile, the chairman of Adani group, Gautam Adani, announced an investment of ₹1 lakh crore across different regions of the North-eastern part of the country over a period of 10 years.


This investment will double the ₹50,000-crore investment announced by the Adani Group just three months ago at the Advantage Assam 2.0 summit in February, said a press release by the group.


The prime focus of Adani Group’s investment will be on green energy, along with “smart-meters, hydro, pumped storage, power transmission, roads and highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres”, the release added.


Over last ten years since 2014, Adani group has invested ₹6.2 lakh crore in the North-eastern states, the Adani group chairman said.


Appreciating Prime Minister Narendra Modi’s vision for the Northeast, Adani said that with his “Act East, Act Fast, Act First,” slogan, the Prime Minister “gave the Northeast its wake-up call”.


Adani also said that the North-eastern states had witnessed the doubling of their airports to 18 and their road network to 16,000 km. The Adani Group-owned Guwahati Airport managed 3.26 million domestic arrivals and 3.30 million domestic departures, he added.


Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M Scindia, was also present at the event where he highlighted the transformative progress of the North-eastern states over the last decade under Prime Minister Narendra Modi.

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