Tripura News

Tripura CM Manik Saha Invites Investors, Highlights State's Growth and Opportunities

Tripura CM Manik Saha invited investors to explore opportunities in the state, highlighting growth, infrastructure, and key sectors at the Northeast Trade and Investment Roadshow.

Sentinel Digital Desk

AGARTALA: Tripura Chief Minister Manik Saha urged investors to explore project opportunities in the state, assuring full government support. Speaking at the Northeast Trade and Investment Roadshow in Mumbai's Colaba, he thanked the Ministry of Development of North Eastern Region (MDoNER) for creating a platform to boost investment and business prospects in the Northeast.

The Chief Minister emphasized that the transfer of the Ministry of DoNER has played a key role in highlighting the business and investment opportunities in the region. He noted, "This region has lagged in many aspects of development due to historical reasons."

He added, "Prime Minister Narendra Modi has always regarded the Northeast as 'Ashtalakshmi' and given prime importance to its development through the Act East Policy. Tripura, with its unique geography and socio-economic landscape, stands at the crossroads of growth and opportunity.

Tripura is the most peaceful state in the country and the Northeast region. The state has vast reserves of natural gas, making it a power surplus. Tripura's economy, primarily based on agriculture and related industries, continues to drive the state's growth."

CM Saha announced that the state's estimated per capita income for 2024 has reached a record high of Rs 1.77 lakh, up from Rs 1.57 lakh in 2023.

Saha said, "Tripura's GDP has grown at 8.9 percent, making it the state with the second-highest GSDP growth rate in the Northeast region. We are making every effort to create an investor-friendly climate to utilize the state's capacities and resources. The state government is adding new dimensions to industrial and basic infrastructure improvement across the state. PM Modi's HIRA model, focusing on Highways, the Internet, Railways, and Airways, has transformed connectivity. The Maharaja Bir Bikram (MBB) Airport has been upgraded, making it the second-busiest airport in the region."

He further mentioned that the state government has set up a Special Economic Zone (SEZ) in Sabroom, located in the South District, which has already garnered significant interest from investors. He said, "There is an enormous scope for industries utilizing indigenous resources such as rubber, bamboo, natural gas, agro-products, agar, food processing, tea, handicrafts, and tourism. We have over 5 million agar trees spread across 2,000 hectares in the North District. We have also established a Rubber Park in Bodhjungnagar, with another one planned in the South District."

He mentioned that Tripura is home to 21 species of bamboo and has introduced a comprehensive bamboo policy.

"Tripura is renowned for its horticultural crops, such as the Queen Pineapple, which has been declared the state fruit and received a GI tag. The tourism sector also holds significant potential and is growing steadily. There is scope for a Northeast tourist circuit, potentially involving neighbouring countries. Tripura hosts the third internet gateway in the country and has launched initiatives like e-offices and an e-Cabinet," Saha concluded.

The event was attended by Union DoNER Minister Jyotiraditya M. Scindia, Meghalaya Chief Minister Conrad Sangma, and others.