
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. (ANI)
Hashtags

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


Deccan Herald
18 minutes ago
- Deccan Herald
Air India plane crash: Kin of 166 victims receive compensation
Over a month ago, Air India started releasing interim payments of Rs 25 lakh to the affected families, to help them meet their immediate financial needs.

New Indian Express
18 minutes ago
- New Indian Express
PM Modi wraps up Maldives visit with diplomatic outreach, attends Independence Day celebrations
Muizzu, who came to power in 2023 amid calls to reduce India's footprint, struck a very positive tone throughout the visit. 'India has long stood as the Maldives' closest and most trusted partner,' he said. 'Our collaboration spans a wide range of areas, from security and trade to healthcare, education, and beyond touching the everyday lives of our citizens… In pursuing our national goals, India's partnership remains invaluable.' In a significant move, Modi held a 'meaningful' interaction with leaders from various Maldivian political parties. 'The participation of leaders across the political spectrum underscores the bipartisan support for the strong and time-tested India-Maldives friendship,' he said. The Prime Minister also met former President Mohamed Nasheed and engaged with the Indian community, saying, 'The Indian diaspora continues to be one of the strongest bridges between India and the world. We are very proud of our diaspora.' The visit also saw Modi meet with Vice President Uz Hussain Mohamed Latheef, who said it was 'an honour' to call on the Indian Prime Minister. 'As this year marks 60 years of formal diplomatic relations with India, the Prime Minister and I reflected on the journey of friendship and reciprocal support our countries have undertaken. I hope that the strong cooperation with India continues to grow and strengthen,' Latheef said. Modi also met Speaker of the People's Majlis Abdul Raheem Abdulla and welcomed the formation of the India-Maldives Parliamentary Friendship Group. 'India remains committed to supporting capacity building in the Maldives,' he said.


Hans India
18 minutes ago
- Hans India
Honoured to witness signing of free trade pact between India and UK: Ashish Kumar Chauhan
London: Ashish Kumar Chauhan, MD and CEO of National Stock Exchange (NSE), said on Saturday that it was an honour to witness the signing of Free Trade agreement between India and the UK, in the presence of Prime Minister Narendra Modi and his counterpart Keir Starmer. 'Honoured and privileged to be a witness to the signing of Free Trade agreement between India and UK on July 24,2025 with Hon'ble PM India and Hon'ble PM Uk at the country residence of UK PM Chequers outside London, UK,' Chauhan said in a post on X social media platform. The landmark India-UK Free Trade Agreement (FTA) is an indication of several such trade pacts in the near future under the leadership of PM Modi, he had said earlier on Friday. Speaking to IANS here, Chauhan said that the talks on the India-UK FTA were ongoing for three-four years. 'When talks first began 4–5 years ago, the UK was under a Conservative government. Since then, there have been regime changes but the way both the Conservative and the Labour parties supported finalising the FTA is commendable,' he emphasised. According to Chauhan, the India-UK FTA will pave the way for several such trade pacts with other nations, like the US, the EU and Japan etc, in the near future. India and the EU are aiming to reach an agreement on a free trade deal by the end of 2025. The coming months will be crucial for India's global trade relations, as the government intensifies negotiations with major partners such as the EU and the ASEAN bloc. Meanwhile, talks with the US are also gaining pace. 'The world has seen the tremendous progress India has achieved in the last 11 years under PM Modi, and the FTA will bring a better future for several industries,' said the NSE CEO.