Aizawl, April 20: The first ever Mizoram magnetic investors summit, a milestone effort to bring together investors, policy makers and academia from different parts of India and abroad begun here on Friday.
The two day event, being organised by the Mizoram government in association with its state partner Innovation India, was inaugurated by chief minister Lal Thanhawla at tourism convention centre at Berawltlang on the outskirt of Aizawl in the presences of home minister R. Lalzirliana, finance minister Lalsawta, commerce & industry minister H. Rohluna, investors and corporate leaders and other important officials and dignitaries.
The Summit was a platform aiming at bringing together investors, representatives of states and governments, senior policymakers, leaders from the corporate world, heads of International Institution’s academia from India and abroad to deliberate on investments, new projects and to promote business cooperation across various sectors of trade and industry.
Speaking on the occasion, Lal Thanhawla said the summit will usher a new era of collaboration between Mizoram and investors from India and abroad not only for investments but also for new skills and advanced production and technology in various sectors.
Lying in the remotest corner of Northeast India, Mizoram has been remained unexplored for a long period of time due to which development could not be achieved in the state as desired, according to the chief minister.
He said that Mizoram would be exposed to the outside world through the two day summit and panel discussion among experts and interaction among investors and policymakers from diverse fields of business for Business to Government (B2G) and Business to Business (B2B) would usher new era of collaboration and development for Mizoram in various sectors of trade and industry.
Lal Thanhawla also said that there are ample chance and lucrative opportunities for investors and corporations to invest in Mizoram in various sectors especially in tourism, power, food processing, handicrafts and bioresource.
He pointed out that Mizoram has made a speedy progress in term of economy since recently and it was the fastest developing state among 12 smaller states in the country with more than 8 per cent of GSDP.
Lal Thanhawla said that Mizoram would act as a gateway for Myanmar and other southeast Asian countries in India’s attempt to make border trade with Myanmar under the act east policy for which efforts have been taken to improve connectivity by constructing railway and new airport.
He asked the participants to explore the investment potential of the state.
Finance minister Lalsawta, who graced the summit as a guest of honour also said the fact that Mizoram is one of the most peaceful states in India endowed with good climate and high literacy rate will give ideal place for investors to do investment in the state.
Apart from agriculture and allied sectors, he said investment would be profitable for investors in education, health and power sectors.
The summit was also addressed by DoNER secretary Naveen Verma and Ministry of External Affairs, OSD (States) MLK Raja, who spoke various schemes and fund under their respective ministries.
During the two day summit, a discussion and exploration of ideas for the development of Mizoram in various sectors will be held with a special focus on infrastructure, information technology, education, skill & entrepreneurship development, creative industry, films, music, fashion, sports, tourism, art & culture.
Today’s summit saw delegates from Germany, Russia, Poland, Singapore and giant investors from different parts of the country.