
PM Modi highlights entrepreneurial spirit of Northeast, mentions 'crafted fibres'
In his 122nd episode of Mann Ki Baat, PM Modi mentioned the recently concluded Rising North East Summit 2025 and praised the Northeast's initiatives that blend tradition with modern innovation.
Prime Minister Modi highlighted Crafted Fibres, a unique fashion brand from Sikkim founded by veterinary doctor-turned-entrepreneur Dr Chewang Norbu Bhutia.
Crafted Fibres stands as an example of self-reliance and cultural pride of the Northern states.
In his speech, Prime Minister Narendra Modi said, "Just a couple of days ago, I went to the first Rising North East Summit. Before that, we also celebrated the 'Ashtalakshmi Mahotsav' dedicated to the strength of the Northeast. The North East is something extraordinary; its strength, its talent, is really amazing. I have come to know an interesting story about crafted fibres. Crafted fibres is not just a brand; it is a beautiful confluence of Sikkim's tradition, the art of weaving, and the sense of fashion today."
"It was started by Dr Chewang Norbu Bhutia, a Veterinary Doctor by profession. He thought, "Why not give a new dimension to weaving?" And this thought gave birth to Crafted Fibres. He doesn't just make clothes; he weaves lives. He provides skill training to local people, making them self-reliant," PM Modi said.
Held under the leadership of Prime Minister Narendra Modi and led by the Ministry of Development of North Eastern Region (MDoNER), the two-day summit brought together investors from across the globe, reaffirming that the Northeast is not just a region but a strategic growth corridor for Viksit Bharat.
The Rising Northeast Investors Summit 2025 concluded with attracting investment commitments of Rs 4.3 lakh crore, according to an official statement.
Several landmark Memorandum of Understanding (MOU) were signed with major national and international investors across key sectors.
During the summit, the Sikkim government signed an MoU with SM Hotels and Resorts with an investment intent of Rs 250-300 crore. The Arunachal Pradesh government also signed an MoU of Rs 150 crore with the Farm Native Group. The Meghalaya government signed a Rs 4,000 crore MoU with Agri-Bio Fuels Global Ltd.
The Meghalaya government and Inlambi Pvt Ltd signed an MoU for Rs 1,000 crore. The Manipur government also signed a major MoU of Rs 1,000 crore with Inlambi Pvt Ltd. The Tripura government 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 total of 803 investment intents through roadshows, B2G meetings, and PSU/public-private proposals. Roadshows held across states contributed Rs 99,533 crore in interest; PSUs brought in Rs 1.27 lakh crore; industrial houses pledged Rs 1.58 lakh crore; and B2G meetings during the summit itself resulted in over Rs 18,600 crore worth of commitments, as per the release.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Times of Oman
3 hours ago
- Times of Oman
Indian PM Modi meets King Charles III in London, invites him to visit India
London: Indian Prime Minister Narendra Modi called on King Charles III at Sandringham Estate, the summer residence of the King of the United Kingdom. The Prime Minister expressed his happiness at the recovery of King Charles III's health and the resumption of his Royal duties. PM Modi and King Charles III discussed matters related to health and sustainable living, including Ayurveda and Yoga and ways to spread their benefits to people across the world. The Prime Minister thanked King Charles III for his hospitality and invited him to pay a State Visit to India. The two leaders also discussed bilateral ties. They noted that the signing of the historic India-UK Comprehensive Economic and Trade Agreement would impart a new momentum to the partnership. The Prime Minister apprised King Charles III of India's progress in the renewable energy sector, promoting sustainable development. They also discussed ways to collaborate and promote their shared vision regarding climate change and sustainability. Prime Minister and King Charles III also discussed ways in which the UK and India could work together in the Commonwealth. The Prime Minister thanked King Charles III for joining the 'Ek Ped Maa Ke Naam' [plant for mother] green campaign and handed over a sapling that will be planted in the Sandringham Estate during the upcoming autumn planting season.


Times of Oman
7 hours ago
- Times of Oman
Indian PM Modi emplanes for Maldives after concluding UK visit; to attend Independence Day celebrations
London: Indian Prime Minister Narendra Modi on Thursday departed for the Maldives from the UK after the conclusion of the first leg of his two-nation visit. The Prime Minister will undertake a state visit to the island nation from July 25 to July 26 at the invitation of Maldivian President Mohamed Muizzu. During his visit, the Prime Minister will be partaking in the 60th Independence Day celebrations of the Maldives as the Guest of Honour. He is also visiting on the 60th anniversary of India-Maldives diplomatic relations. "A landmark visit to UK concludes, elevating the India-UK trade and economic ties to new heights. PM Narendra Modi emplanes for the second leg of his tour--Maldives," the Ministry of External Affairs stated on X. The visit came following the PM's engagements in the UK, where he oversaw the signing of the India-UK Comprehensive Economic and Trade Agreement. During his visit to the UK from July 23 to July 24, Prime Minister Modi met with his UK counterpart, Keir Starmer, at Chequers, the country residence of the Prime Minister. The two PMs also welcomed the signing of the landmark India-UK Comprehensive Economic and Trade Agreement (CETA), which raised the Comprehensive Strategic Partnership to a new level. The deal significantly enhanced bilateral trade, investment, economic collaborations and job creation in both economies. The two sides also agreed to negotiate a Double Contribution Convention, which will come into effect along with the CETA and will facilitate professionals and the service industry in both countries by promoting competitiveness and reducing the cost of doing business for commercial entities. The two leaders also reviewed the entire gamut of the bilateral relationship and adopted the India-UK Vision 2035. The Vision 2035 infuses greater ambition and renewed momentum into the Comprehensive Strategic Partnership by steering the relationship for the next ten years in key areas of economy and growth, technology, innovation, research and education, defence and security, climate action, health and people-to-people ties. The two leaders also welcomed the finalisation of a Defence Industrial Roadmap to promote collaboration in the co-design, co-development, and co-production of defence products, aiming to meet the growing demand in both countries as well as for the global market. They also expressed satisfaction with the growing collaboration in new and emerging technologies and called for the accelerated implementation of the Technology and Security Initiative (TSI), which completed one year today. The initiative focuses on telecom, critical minerals, AI, biotechnology and health technology, semiconductors, advanced materials, and quantum. The two Prime Ministers also welcomed the growing partnership between India and the UK in the education sector, with six UK universities working to open campuses in India under the New Education Policy (NEP). Southampton University, which opened its campus in Gurugram, is the first foreign university to open its campus in India under the NEP. Prime Minister Modi also thanked Prime Minister Starmer for his strong support and solidarity extended to the people of India in the wake of the Pahalgam terror attack, while noting that extremism and radicalisation pose a threat to both societies. Prime Minister Modi also sought the UK's cooperation in bringing to justice economic offenders and fugitives who had fled India to escape legal proceedings against them. The two leaders also exchanged views on global and regional issues of mutual interest, including developments in the Indo-Pacific, West Asia, and the Russia-Ukraine conflict. PM Modi further invited his UK counterpart to visit India at the earliest convenience. Following his meeting with Starmer, the Prime Minister met with King Charles III at Sandringham Estate in England and discussed bilateral issues and progress between the two nations. He also presented a sapling to the King to be planted in Sandringham Estate in autumn as part of the 'Ek Ped Maa Ke Naam' campaign, the MEA stated.


Observer
13 hours ago
- Observer
India's Modi and UK PM Starmer ink trade deal
London - Prime Minister Keir Starmer praised Britain's "unique bonds" with India as he and his Indian counterpart Narendra Modi formally signed a recently announced UK-India trade deal during talks on Thursday. Starmer hailed the agreement as a "landmark moment" for both countries as he hosted India's leader at his Chequers country estate, northwest of London. "This is not the extent or the limit of our collaboration with India," added the British premier, whose year-old government is struggling to fire up an economy weakened by years of stagnant growth and high inflation."We have unique bonds of history, of family and of culture and we want to strengthen our relationship further, so that it is even more ambitious, modern and focused on the long term," he said. Starmer and Modi announced in May that they had struck a free trade agreement that the British government says will eventually add £4.8 billion ($6.5 billion) a year to the UK economy. The UK and India hope the accord will boost trade between the two countries by £25.5 billion, as well as bolster the British economy and wages. Modi, standing alongside Starmer during a media appearance, described the deal as a "blueprint for our shared prosperity".Britain and India are the sixth and fifth largest global economies, respectively, with a trade relationship worth around £41 billion and investment supporting more than 600,000 jobs across both countries. The accord slashes tariffs on imports of UK goods into India, including whisky, cosmetics, and medical devices. In return, the United Kingdom will cut tariffs on clothes, footwear, and food products, including frozen prawns from India. Starmer and Modi were also likely to discuss last month's Air India disaster in which 241 people died when a London-bound flight crashed after taking off from Ahmedabad in western India . Some 169 Indian passengers and 52 British nationals were killed in the June 12 crash, one of the deadliest plane disasters in terms of the number of British fatalities.