Kohima, April 7: Good news for the people of Nagaland because the hills state has received various investment proposals of Rs 4,510 in a range of sectors as the 3-day B2B and B2G meets under India’s G20 presidency ended in Nagaland on Thursday.

The state received keen business interests from both national and international business delegates during the B20 meet in Kohima.

The B2B and B2G witnessed signing of a Memorandum of Understanding (MoU) between government of Nagaland and investors for investments of Rs 1,000 crore in renewable energy sector over the next 3 years, an official told the media.

The representatives from the business community of Nagaland as well as government departments also had active participation during the Business to Business (B2B) and Business to Government (B2G) negotiations coordinated by Confederation of Indian Industry (CII).

According to an official, there are other business propositions to the tune of Rs 2,000 crore in agro and food processing, rubber, MSME, medical tourism, sports and IT sectors which would further be explored and firmed up in due course.

The State Investment Promotion Agency (SIPA), Investment and Development Authority of Nagaland (IDAN) in coordination with the business fraternity and line departments shall follow up and provide end to end facilitation to the potential investors.