Rising Northeast Summit: Vedanta announces Rs 80,000 crore investment in NE
Source: The Sangai Express
Imphal, May 28 2025:
Vedanta Group, India's only and the world's leading critical minerals, energy transition metals, power, oil & gas and technology conglomerate, announced an investment of Rs 80,000 crores in the Northeast region.
The company was participating in the inaugural session of the Rising Northeast Investors Summit 2025- a global investment conclave organised by the Ministry of Development of Northeastern Region in New Delhi.
As per a release issued by Vedanta Group, the investment will be made in the fields of oil & gas, critical minerals, refining facilities, power, optical fibre, system integration, renewable energy, transmission sectors and data centres in six Northeastern States.
Vedanta is undertaking one of the largest exploration and development programs to unlock the hydrocarbons in the Northeast.
Earlier this year, the company announced Rs 50,000 crore investment in Assam at the Advantage Assam 2.0 summit.
Today, the hydrocarbons & minerals conglomerate announced additional investments of Rs 30,000 crores across Arunachal Pradesh, Nagaland, Tripura, Meghalaya and Mizoram, at the Rising Northeast Summit.
The investment will potentially generate up to 1 lakh jobs and enable socioeconomic development of the region.
Vedanta is also committed to expanding its social impact initiatives such as Nand Ghars (modernized anganwadis that function as holistic centers for woman & child development), handloom skill centers, digital classrooms for women and children, and promoting sports to ensure a brighter, more inclusive future for the youth of the region.
Speaking at the summit, Anil Agarwal, Chairman, Vedanta Group, reinforced his company's commitment towards the progress of the region.
"Today, the states of the North-East are growing in double digits.
The opportunities are growing even faster.
Under the Prime Minister's leadership, this region has become a key engine of growth for Viksit Bharat.
The private sector is ready to be a partner for prosperity.
Vedanta is fully committed to investment in the region which has the most amazing natural resources potential, from oil and gas to critical minerals and an exceptional pool of talented human resources", said Anil Agarwal.