New Delhi, May 23 -- Peliance Industries plans to invest Rs.75,000 crore over the next 5 years in the North East region, Chairman Mukesh Ambani announced at the Rising Northeast Investors Summit on Friday.

Meanwhile, Adani Group Chairperson Gautam Adani at the same event announced an investment of Rs.50,000 crore in the region over the next ten years.

"Three months ago in Assam, we pledged an investment of Rs.50,000 crore. Today, once again humbled and inspired by your leadership, I announce that Adani Group will invest additional Rs.50,000 crore across the Northeast for the next 10 years," Adani said.

While detailing the investment plans, Ambani mentioned that Reliance Retail will increase procurement from the region. The company will...