Published By : Admin |
October 15, 2021 | 12:05 IST
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“Creation of the 7 companies will give strength to Dr Kalam’s dream of strong India”
“These 7 new companies would form a strong base for the military strength of the country in the times to come”
“An order book of more than Rs. 65,000 Cr. reflect the increasing confidence of the country in these companies”
“Today, Defence Sector is witnessing unprecedented transparency, trust and technology-driven approach”
“Our defence export has increased by 325 per cent in last five years”
“While competitive cost is our strength, quality and reliability should be our identity”
Namaskar!
Joining us today in this important programme related to national defense is the Defense Minister of the country Shri Rajnath Singh ji, the Defense Minister of the state Shri Ajay Bhatt ji, all the officers of the Ministry of Defense, and all the friends from across the country!
Just two days ago, in the midst of this holy festival of Navratri, on the day of Ashtami, I had got the opportunity to launch the programme called 'Gati Shakti' with an extremely comprehensive planning and on the auspicious occasion of Vijayadashami today we are celebrating those who are spending day and night to make the nation invincible and to empower the nation with this opportunity to walk in a new direction to modernize further. Following the great tradition of India, this programme has been started with weapon worship. We believe in power as a means of creation. With this spirit, today the country is increasing its potential and all of you are the charioteer of the country's resolves. I once again extend my warm greetings to all of you and to the entire nation on the occasion of Vijaya Dashami.
Friends,
This day also marks the birth anniversary of former President, Bharat Ratna, Dr. A. P. J. Abdul Kalam ji. The way Kalam sahib had dedicated his life to building a powerful India, is an inspiration for all of us. The 7 new companies that are going to enter the defense sector today will further strengthen his resolve of an able nation.
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Friends,
This year India has entered its 75th year of independence. In this period of 'Amritkal' of independence, the country is taking up new resolutions to build a new future. And the work which was stuck for decades, is also being completed. The decision to revamp 41 Ordnance Factories and the launch of 7 new companies are a part of this journey of the country's accomplishment of resolutions. This decision was pending for the last 15-20 years. I am confident that all these seven companies will become a strong foundation for India's military strength in the times to come.
Friends,
Our ordnance factories were once among the most powerful institutions in the world. These factories have more than 100-150 years of experience. The world has seen the strength of India's Ordnance Factories at the time of World War I. We used to have better resources and world class skills. After independence, we needed to upgrade these factories and adopt new age technology! But it was not given much attention. Over time, India became dependent on foreign countries for its strategic needs. These new 7 defense companies will play a major role in changing this situation.
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Friends,
Under the Atmanirbhar Bharat campaign, the country aims to make India the world's biggest military power on its own as well as to develop the modern military industry in India. In the last seven years, the country has worked to take this resolve forward with the mantra of 'Make in India'. Today, there is more transparency, trust, and a technology driven approach in the defense sector of the country than ever before. For the first time since independence, several major reforms have been brought in our defense sector; and instead of the policies that were notorious for creating bottle-necks, a single window system has been created. This has boosted the confidence of our industry. The Indian companies have also started exploring possibilities for themselves in the defense industry, and now the private sector and the government together, are moving ahead with the mission of defense of the nation.
We have the examples of Defense Corridors of UP and Tamil Nadu before us. In such a short span of time, major companies have shown their interest in 'Make in India'. This is also creating new opportunities for the youth in the country and opening up new possibilities for several MSMEs in the form of supply chains. As a result of the policy changes made in the country, our defense exports have increased by more than 325 percent in the last 5 years.
Friends,
Some time back, the Ministry of Defense had released a list of more than 100 such tactical equipment which will no longer be imported from outside. For these new companies too, the country has already placed orders worth Rs 65 thousand crores. This shows the country's faith in our defense industry. There seems to be a growing confidence. One company will meet the requirements of ammunition and explosives, while the other company will manufacture army vehicles. Similarly, be it advanced weapons and equipment, troops comfort items, optical electronics, or parachutes - our aim is to make every Indian company not only an expert in these areas, but also to turn them into a global brand. Competitive cost is our strength. So, quality and reliability should be our identity.
Friends,
I am sure that with this new arrangement, the talented people that we have in our ordnance factories, who want to innovate, will get complete freedom to showcase their talent. When such experts get an opportunity to innovate, when they get an opportunity to showcase their talent, they do wonders. The products that you will create with your expertise will not only increase the strength and capabilities of India's defense sector, but will also remove the gap that had been created after independence.
Friends,
In the 21st century, be it a country or a company, its growth and brand value is determined by its research and innovation capabilities. For example, India's growth and new identity created by sectors ranging from software to the space sector. Therefore, I also make a special request to all the seven companies to ensure that research and innovation are a part of your work culture. These should get priority. You not only have to be at par with the world's biggest companies, but must also take the lead in future technology. Therefore, it is crucial that you have a fresh approach, think of new ideas, give maximum opportunities to research oriented youth and give them full freedom to think & innovate. I would also like to tell the startups of the country to be a part of this new beginning that has been brought about through these 7 companies. Try to think of ways in which your research and products can mutually benefit each other and increase one another's capabilities in conjunction with these companies.
Friends,
Besides giving a better production environment to all the companies, the government has also given full functional autonomy. Moreover, it has also been ensured that the interests of the workers of these factories are fully protected. I am sure that your expertise will greatly benefit the country, and together we will fulfill our resolve of a self-reliant India.
With the same spirit, once again I wish you all a very Happy Vijayadashami. Thank you all!
PM Modi inaugurates Rising North East Investors Summit 2025
May 23, 2025
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The Northeast is the most diverse region of our diverse nation: PM
For us, EAST means - Empower, Act, Strengthen and Transform: PM
There was a time when the North East was merely called a Frontier Region.. Today, it is emerging as the ‘Front-Runner of Growth’: PM
The North East is a complete package for tourism: PM
Be it terrorism or Maoist elements spreading unrest, our government follows a policy of zero tolerance: PM
The North East is becoming a key destination for sectors like energy and semiconductors: PM
The Prime Minister Shri Narendra Modi inaugurated the Rising North East Investors Summit 2025 at Bharat Mandapam, New Delhi today. Extending a warm welcome to all the dignitaries to the event, the Prime Minister expressed pride, warmth, and immense confidence in the future of the North East region. He recalled the recent Ashtalakshmi Mahotsav held at Bharat Mandapam and emphasized that today's event marks a celebration of investment in the Northeast. The Prime Minister highlighted the significant presence of industry leaders at the summit, underscoring the enthusiasm surrounding opportunities in the region. He extended his congratulations to all ministries and state governments, acknowledging their efforts in creating a thriving investment-friendly environment. Conveying his best wishes, Prime Minister lauded the Northeast Rising Summit, reaffirming his commitment to the region’s continued growth and prosperity.
Underscoring India’s status as the world’s most diverse nation, Shri Modi said, “the Northeast is the most diverse region of our diverse nation”. He emphasized the vast potential spanning trade, tradition, textiles, and tourism, stating that the region's diversity is its greatest strength. He remarked that the Northeast is synonymous with a thriving bio-economy and bamboo industry, tea production and petroleum, sports and skill, as well as an emerging hub for eco-tourism. He further noted that the region is paving the way for organic products and stands as a powerhouse of energy. He affirmed that the Northeast embodies the essence of Ashtalakshmi, bringing prosperity and opportunity. With this strength, he stated, every Northeastern state is declaring its readiness for investment and leadership.
Emphasizing the critical role of Eastern India in achieving a Viksit Bharat, the Prime Minister underscored the Northeast as its most vital component. “For us, EAST is not just a direction but a vision—Empower, Act, Strengthen, and Transform—which defines the policy framework for the region”, he stated, highlighting that this approach has placed Eastern India, particularly the Northeast, at the center stage of India's growth trajectory.
Prime Minister highlighted the transformative changes witnessed in the Northeast over the past 11 years, emphasizing that the progress is not merely reflected in statistics but is tangible on the ground. He stated that the government's engagement with the region goes beyond policy measures, fostering a heartfelt connection with its people. The Prime Minister underscored the over 700 visits made by Union Ministers to the Northeast, demonstrating their commitment to understanding the land, witnessing the aspirations in people's eyes, and translating that trust into development policies. He stressed that infrastructure projects are not just about bricks and cement but serve as a means of emotional connectivity. He reaffirmed the shift from Look East to Act East, stating that this proactive approach is yielding visible results. “While the Northeast was once regarded merely as a frontier region, it is now emerging as a front-runner in India's growth story”, he added.
Underlining that robust infrastructure plays a key role in making the tourism sector attractive and instilling confidence among investors, Shri Modi highlighted that well-developed roads, power infrastructure, and logistics networks form the backbone of any industry, facilitating seamless trade and economic growth. He remarked that infrastructure is the foundation of development and that the government has initiated an Infrastructure Revolution in the Northeast. He acknowledged the region’s past challenges but asserted that it is now emerging as a Land of Opportunities. He stated that thousands of crores have been invested in enhancing connectivity, citing projects such as the Sela Tunnel in Arunachal Pradesh and the Bhupen Hazarika Bridge in Assam. Shri Modi also highlighted key advancements in the past decade, including the construction of 11,000 kilometers of highways, extensive new railway lines, a doubling of airport numbers, the development of waterways on the Brahmaputra and Barak rivers, and the installation of hundreds of mobile towers. He further noted the establishment of a 1,600-kilometer-long Northeast Gas Grid, ensuring a reliable energy supply for industries. Shri Modi underscored that highways, railways, waterways, and digital connectivity are all strengthening the Northeast’s infrastructure, creating a fertile ground for industries to seize the First Mover Advantage. He affirmed that over the next decade, the region’s trade potential will multiply significantly. He further pointed out that India’s trade volume with ASEAN currently stands at approximately $125 billion and is expected to exceed $200 billion in the coming years, positioning the Northeast as a strategic trade bridge and gateway to ASEAN markets. He reiterated the government’s commitment to accelerating infrastructure projects to enhance regional connectivity. Stressing the importance of the India-Myanmar-Thailand Trilateral Highway, which will provide direct access from Myanmar to Thailand, strengthening India's connectivity with Thailand, Vietnam, and Laos, Shri Modi highlighted the government's efforts to expedite the Kaladan Multimodal Transit Project, which will link the Kolkata Port to Myanmar's Sittwe Port, providing a crucial trade route through Mizoram. He stated that this project will significantly reduce the travel distance between West Bengal and Mizoram, enhancing trade and industrial growth.
Highlighting the ongoing development of Guwahati, Imphal, and Agartala as Multi-Modal Logistics Hubs, the Prime Minister noted that the establishment of Land Custom Stations in Meghalaya and Mizoram is further expanding international trade opportunities. He emphasized that these advancements are positioning the Northeast as a rising force in trade with Indo-Pacific nations, unlocking new avenues for investment and economic growth.
Underscoring India's vision of becoming a Global Health and Wellness Solution Provider, the Prime Minister stated that the Heal in India initiative is being developed as a worldwide movement. He highlighted the Northeast’s rich biodiversity, natural environment, and organic lifestyle, describing it as a perfect destination for wellness. The Prime Minister urged investors to explore the Northeast as a critical component of India's Heal in India mission, reaffirming that the region’s climate and ecological diversity offer immense potential for wellness-driven industries.
Shri Modi highlighted the rich cultural heritage of the Northeast, emphasizing its deep-rooted connection to music, dance, and celebrations. He noted that the region is an ideal destination for global conferences, concerts, and destination weddings, positioning it as a complete tourism package. He stated that as development reaches every corner of the Northeast, its positive impact on tourism is evident, with visitor numbers doubling. He remarked that these are not just statistics—this surge has led to the rise of homestays in villages, new employment opportunities for young guides, and the expansion of the tour and travel ecosystem. Underscoring the need to elevate Northeast tourism further, he pointed out the vast investment potential in eco-tourism and cultural tourism. Reaffirming that peace and law and order are the most crucial factors for any region's development, Shri Modi stated, “Our government has a zero-tolerance policy against terrorism and insurgency”. He noted that the Northeast was once associated with blockades and conflict, which severely impacted opportunities for its youth. He outlined the government’s consistent efforts toward peace agreements, stating that over the past 10-11 years, more than 10,000 young individuals have abandoned arms to embrace peace. He emphasized that this shift has unlocked new employment and entrepreneurial opportunities within the region. Shri Modi further highlighted the impact of the MUDRA scheme, which has provided thousands of crores in financial support to lakhs of youth in the Northeast. He further noted the rise of education institutes, helping young individuals develop skills for the future. He stated that the youth of the Northeast are not just internet users but emerging digital innovators. He emphasized advancements such as over 13,000 kilometers of optical fiber expansion, 4G and 5G coverage, and growing opportunities in the technology sector. “Young entrepreneurs are now launching major startups within the region, reinforcing the Northeast’s role as India’s digital gateway”, he added.
Emphasizing the critical role of skill development in driving growth and securing a better future, the Prime Minister stated that the Northeast provides a favorable environment for this advancement, with the central government making substantial investments in education and skill-building initiatives. The Prime Minister highlighted that over the past decade, ₹21,000 crore has been invested in the Northeast’s education sector. He noted key developments, including the establishment of over 800 new schools, the region’s first AIIMS, nine new medical colleges, and two new IIITs. Additionally, he cited the creation of the Indian Institute of Mass Communication campus in Mizoram and nearly 200 new skill development institutes across the region. He further remarked that India's first sports university is being developed in the Northeast, with significant investments under the Khelo India program. He pointed out that eight Khelo India Centers of Excellence and more than 250 Khelo India Centers have been established, fostering sports talent across the region. The Prime Minister assured that the Northeast now offers top-tier talent across various sectors, encouraging industries and investors to leverage the region’s immense potential.
Shri Modi stressed on the growing global demand for organic food, stating that his vision is for an Indian food brand to be present on every dining table worldwide. He highlighted the Northeast’s pivotal role in realizing this dream. He said that over the past decade, the scope of organic farming in the Northeast has doubled, with the region producing high-quality tea, pineapples, oranges, lemons, turmeric, and ginger. He affirmed that the exceptional taste and superior quality of these products have led to rising international demand. He also encouraged stakeholders to capitalize on this growing market, recognizing the Northeast’s potential as a key driver of India’s organic food exports.
Underscoring the government's commitment to facilitating the establishment of food processing units in the Northeast, the Prime Minister stated that while enhanced connectivity is already supporting this initiative, additional efforts are being made to develop mega food parks, expand cold storage networks, and provide testing lab facilities. He highlighted the launch of the Oil Palm Mission, recognizing the Northeast’s soil and climate as highly suitable for palm oil cultivation. He noted that this initiative offers a strong income opportunity for farmers while reducing India's dependency on edible oil imports. He further added that palm oil farming presents a major opportunity for industries, encouraging stakeholders to tap into the region’s agricultural potential.
“Northeast is emerging as a key destination for two strategic sectors—energy and semiconductors”, stressed Shri Modi, highlighting the government's extensive investments in hydropower and solar power across all Northeastern states, with several thousand crore worth of projects already approved. He noted that beyond investment opportunities in plants and infrastructure, there is significant potential in manufacturing, including solar modules, cells, storage solutions, and research. He underscored the importance of maximizing investment in these areas, stating that greater self-sufficiency today will reduce dependence on foreign imports in the future. Shri Modi further remarked on the growing role of Assam in strengthening India’s semiconductor ecosystem. He announced that the first Made in India chip from a Northeast-based semiconductor plant will soon be introduced, signaling a major milestone for the region. He affirmed that this development is unlocking opportunities for cutting-edge technology and solidifying the Northeast’s position in India's high-tech industrial growth.
“Rising Northeast is more than just an investors’ summit—it is a movement and a call to action”, emphasised the Prime Minister, stating that India’s future will reach new heights through the Northeast’s progress and prosperity. The Prime Minister expressed full confidence in the business leaders present, urging them to unite in driving growth. Concluding his address, he called upon stakeholders to work together in transforming Ashtalakshmi—the symbol of Northeast’s potential—into a guiding force for a Viksit Bharat. He expressed confidence that by the next Rising Northeast, India would have propelled way ahead.
The Union Minister for Development of North Eastern Region, Shri Jyotiraditya M. Scindia, Governor of Manipur, Shri Ajay Kumar Bhalla, Chief Minister of Assam, Shri Himanta Biswa Sarma, Chief Minister of Arunachal Pradesh, Shri Pema Khandu, Chief Minister of Meghalaya, Shri Conrad Sangma, Chief Minister of Mizoram, Shri Lalduhoma, Chief Minister of Nagaland, Shri Neiphiu Rio, Chief Minister of Sikkim, Shri Prem Singh Tamang, Chief Minister of Tripura, Shri Manik Saha, Union Minister of State for Development of North Eastern Region, Dr. Sukanta Majumdar were present among other dignitaries at the event.
Background
With an aim to highlight the North East Region as a land of opportunity, attracting global and domestic investment, and bringing together key stakeholders, investors, and policymakers on a single platform, Prime Minister Shri Narendra Modi inaugurated the Rising North East Investors Summit at Bharat Mandapam, New Delhi today.
The Rising North East Investors Summit, a two-day event from May 23-24 is the culmination of various pre-summit activities, such as series of roadshows, and states' roundtables including Ambassador’s Meet and Bilateral Chambers Meet organized by the central government with active support from the state governments of the North Eastern Region. The Summit will include ministerial sessions, Business-to-Government sessions, Business-to-Business meetings, startups and exhibitions of policy and related initiatives taken by State Government and Central ministries for investment promotion.
The main focus sectors of investment promotion include Tourism and Hospitality, Agro-Food Processing and allied sectors; Textiles, Handloom, and Handicrafts; Healthcare; Education and Skill Development; Information Technology or Information Technology Enabled Services; Infrastructure and Logistics; Energy; and Entertainment and Sports.
“Creation of the 7 companies will give strength to Dr Kalam’s dream of strong India”
