PM Modi highlights entrepreneurial spirit of Northeast, mentions crafted fibres – OXBIG NEWS NETWORK-OxBig News Network

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New Delhi [India], May 25 (ANI): Prime Minister Narendra Modi on Sunday highlighted the colourful cultural and entrepreneurial spirit of India’s Northeastern states.

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In his 122nd episode of Mann Ki Baat, PM Modi talked about the just lately concluded Rising North East Summit 2025 and praised the Northeast’s initiatives that mix custom with fashionable innovation.

Prime Minister Modi highlighted Crafted Fibres, a singular trend model from Sikkim based by veterinary doctor-turned-entrepreneur Dr Chewang Norbu Bhutia.

Crafted Fibres stands for example of self-reliance and cultural satisfaction of the Northern states.

In his speech, Prime Minister Narendra Modi mentioned, “Just a few days in the past, I went to the primary Rising North East Summit. Before that, we additionally celebrated the ‘Ashtalakshmi Mahotsav’ devoted to the power of the Northeast. The North East is one thing extraordinary; its power, its expertise, is de facto superb. I’ve come to know an attention-grabbing story about crafted fibres. Crafted fibres isn’t just a model; it’s a stunning confluence of Sikkim’s custom, the artwork of weaving, and the sense of trend at present.”

“It was began by Dr Chewang Norbu Bhutia, a Veterinary Doctor by career. He thought, “Why not give a brand new dimension to weaving?” And this thought gave start to Crafted Fibres. He does not simply make garments; he weaves lives. He gives talent coaching to native individuals, making them self-reliant,” PM Modi mentioned.

Held below the management of Prime Minister Narendra Modi and led by the Ministry of Development of North Eastern Region (MDoNER), the two-day summit introduced collectively traders from throughout the globe, reaffirming that the Northeast isn’t just a area however a strategic progress hall for Viksit Bharat.

The Rising Northeast Investors Summit 2025 concluded with attracting funding commitments of Rs 4.3 lakh crore, in line with an official assertion.

Several landmark Memorandum of Understanding (MOU) had been signed with main nationwide and worldwide traders throughout key sectors.

During the summit, the Sikkim authorities signed an MoU with SM Hotels and Resorts with an funding intent of Rs 250-300 crore. The Arunachal Pradesh authorities additionally signed an MoU of Rs 150 crore with the Farm Native Group. The Meghalaya authorities signed a Rs 4,000 crore MoU with Agri-Bio Fuels Global Ltd.

The Meghalaya authorities and Inlambi Pvt Ltd signed an MoU for Rs 1,000 crore. The Manipur authorities additionally signed a significant MoU of Rs 1,000 crore with Inlambi Pvt Ltd. The Tripura authorities signed a Rs 500 crore MoU with the Sri Sri Ravishankar Vidya Mandir Trust for Sri Sri University and an Ayurveda College and Hospital.

Beyond the marquee MoUs, the summit recorded a complete of 803 funding intents by means of roadshows, B2G conferences, and PSU/public-private proposals. Roadshows held throughout states contributed Rs 99,533 crore in curiosity; PSUs introduced in Rs 1.27 lakh crore; industrial homes pledged Rs 1.58 lakh crore; and B2G conferences throughout the summit itself resulted in over Rs 18,600 crore price of commitments, as per the discharge. (ANI)

(The story has come from a syndicated feed and has not been edited by OXBIG NEWS NETWORK Staff.)

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