Virendra Pandit
New Delhi: The Reliance and Adani Groups will invest Rs. 75,000 crores and Rs. 1 lakh crores, respectively, in developing the northeastern states.
Addressing the Rising Northeast Investors’ Summit 2025 in the national capital, Adani said his group was committed to investing an additional Rs. 50,000 crores over the next 10 years in green energy, road construction and creating digital infrastructure in the northeastern states as his conglomerate looks to expand its presence in this region, the media reported.
This investment is on top of Rs. 50,000 crores that his group had committed to investing in Assam in January this year.
Adani, who heads the ports-to-energy conglomerate, said his group’s initiative will prioritise local jobs, local entrepreneurship and community engagement.
“Three months ago, in Assam, we pledged an investment of Rs. 50,000 crores. Today, once again, humbled and inspired by your leadership, I announce that the Adani Group will invest an additional Rs. 50,000 crores across the Northeast over the next 10 years,” he said in the presence of Prime Minister Narendra Modi.
These investments will span green energy, including smart-meters, hydro, pumped storage, power transmission, roads and highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres.
“But more than infrastructure, we will invest in people. Every initiative will prioritise local jobs, local entrepreneurship, and community engagement. This is what Viksit Bharat 2047 is all about,” he said.
Adani said over the past decade, in the hills and valleys of the Northeast, a new chapter in India’s growth story is unfolding.
“A story rooted in diversity, resilience, and untapped potential. This region is now a source of our cultural pride, economic promise, and strategic direction.”
And behind this rise is the vision of Prime Minister Narendra Modi, who recognised no borders, only beginnings, he said.
“When you said, ‘Act East, Act Fast, Act First,’ you gave the Northeast its wake-up call.”
This has been reflected in 65 personal visits by the Prime Minister, Rs. 6.2 lakh crore of investment since 2014, doubling the road network to 16,000 kms and doubling the number of airports to 18.
“This is not just policy. It is your hallmark of big thinking. It is the hallmark of your belief system. It is the hallmark of your conviction in Sabka Saath Sabka Vikas,” he said.
To the Prime Minister, Adani said, “We will walk – in step with your vision.”
To the Chief Ministers of the northeastern states, he said, “We will hold hands with your people.”
Addressing the event, Reliance Industries Chairman and Managing Director Mukesh Ambani said his group has invested around Rs. 30,000 crores 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 crores.”
The oil-to-telecom conglomerate will invest Rs. 75,000 crores in northeastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, he said.
His group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.
This will create over 2.5 million direct and indirect employment opportunities as the conglomerate aspires to touch the lives of most of the 45 million population in the northeastern states.
Ambani said he is making six commitments to the Chief Ministers of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.
The group’s telecom unit Jio has already covered 90 percent of the population with over 5 million 5G subscribers. “We will double this number this year,” he said. “Jio’s priority will be to bring the revolutionary power of Artificial Intelligence to all schools, hospitals, enterprises and homes.” When talent meets technology and competence meets connectivity, our northeast will surge ahead, he said.
Ambani said Reliance Retail will vastly increase its procurement of staples, fruits, and vegetables to boost the income of farmers.
“We will also invest in factories for high-quality FMCG products in the region and promote the region’s fabulous artisan economy,” he said.
In clean energy, Reliance will look to “greatly” enhance generation of solar power in the region, he said.
In line with the vision of converting waste to wealth, Reliance will convert the region’s vast ‘wasteland into wealth-land’, by setting up 350 integrated compressed biogas plants which will turn organic waste into gas which could be used as CNG for transportation as well as fuel in industries and cooking in kitchens, he said.
Ambani said Reliance Foundation, the philanthropic arm of the group, will bring the best of cancer care to the region.
“To begin with, we have established a 150-bed comprehensive cancer hospital in Manipur. We are collaborating with Mizoram University on the 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 India,” he said. “We will help transform the northeast into a healthcare hub and a research powerhouse.”
Stating that this region is a treasure-house of world-class talent in multiple sports, he said Reliance Foundation will work with all eight states to set up Olympic Training Centres, which will prepare our youth to be tomorrow’s medal-winners in Olympics.
“For Reliance, it is a matter of privilege to fulfil the dreams of a region that has the fastest rate of economic growth with the youngest population in India,” he said.