The first- ever North East Development Summit (NEDS) 2017 was inaugurated by President of India Ram Nath Kovind in Imphal, Manipur, which was held on November 21-22, 2017. The NEDS 2017 was jointly organized by Manipur State Government in collaboration with Union Commerce Ministry and India Foundation. The main purpose of this summit was to showcase the economic potential and to attract investments in food processing, bamboo industry, real estate and other businesses within the state. During the course of this Summit, approx 20 Memorandum of Understandings (MoUs) were signed between various Departments of Manipur State Government and National and International Companies/Investors. Approx 175 delegates including various foreign delegates attended the event.