Business Standard

Private investment in north-east grows manifold

Image

Our Bureau Kolkata
 According to an estimate, 22 new projects have taken off with an investment between Rs 1500-2000 crore in the eight states during the period as compared to an investment average of Rs 150-200 crore per year.

 Some of the biggest names in FMCG sector including Godrej and Hindustan Lever, have set up manufacturing bases, in addition to investments in hospitality, healthcare and cement sectors.

 Experts believe Indian industry has started realising the potential of the north- eastern states but lot of opportunities were yet to be explored.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 02 2003 | 12:00 AM IST

Explore News