On similar lines, 'Renewable Energy Initiative' (REI) has been one of the key initiatives of the summit that aims to enable renewable energy collaboration mechanisms to improve energy sector of the country keeping socio-economic development and sustainability in mind.

The strategy of the REI also involves increasing demand of the energy security in India by strengthening its all segments.

Besides this, the GPS has also taken another crucial initiative named - Trans Asian Buddhist Circuit (TABC) - to promote Buddhist religious & cultural tourism. The initiative integrates development of all Buddhist nodes in every part of the subcontinent by offering better infrastructure, tourism facilities and a modern, well-connected mass transportation system for tourists.

Under the initiative, energy efficient, environment responsible and sustainable circuit will be designed as a PPP (Public-Private Partnership) model among the Governments of India, Japan and Nepal, as well as various public and private enterprises for achieving the vision of TABC.

Apart from this, the summit will also focus towards various initiatives related to healthcare, infrastructure and logistics, energy, art and culture, agro-economy, banking & finance, education &skill development and information communication technology.