A number of chief ministers and representatives from international finance agencies will also attend the summit.
India Foundation, a Delhi-based think tank which has several Union ministers and BJP leaders on its board, is organising the summit in collaboration with the Centre and Manipur government.
Representatives of Asian Development Bank (ADB), Japan International Cooperation Agency (JICA) and other international finance agencies will lay down their plan for development in the region, the foundation said in a statement.
Chief ministers of Manipur, Arunachal Pradesh, Assam and Nagaland will also participate in the inaugural session while Union Commerce and Industry Minister Suresh Prabhu, who is the chair of the organising committee of the summit, will be present as well, the statement said.
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Rashed Khan Menon, Minister of Civil Aviation & Tourism of Bangladesh Rajiv Kumar, Vice Chairman of NITI Aayog and Acharya Balkrishna, Managing Director of Patanjali Ayurved will also speak in the summit.
The foundation said business delegations from countries, including Japan, Bangladesh, Switzerland, UAE, Myanmar, Thailand, Singapore, Lao PDR and other ASEAN countries will be participating in the summit to explore the scope for business opportunities in the North-Eastern region.
The summit will contribute to the making of 'New India' which Prime Minister Narendra Modi has often referred to, it said, adding that the Union government has taken various initiatives for ensuring 'ease of doing business' in the region.
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