Tripura is rich in natural resources like natural oil and gas, rubber, tea and medicinal plants. It is also known for its vibrant food processing, bamboo and sericulture industry.
Tripura acts as a gateway between Northeast India and Bangladesh. This offers immense potential for international trade. Tripura is connected with the rest of Northeast India by National Highway (NH)-44. Improved rail and air connectivity and establishment of trade routes have further facilitated the trade.
The Net State Domestic Product (NSDP) of Tripura was about US$ 2.3 billion in 2006-07. Tripura's NSDP grew at a CAGR of 13.0 per cent between 1999-2000 and 2006-07.
In 2006-07, the tertiary sector contributed 64.9 per cent to the state’s GSDP, followed by the primary sector (29.9 per cent). The secondary sector's share in GSDP was 5.2 per cent in 2006-07 vis-à-vis 2.4 per cent in 1999-2000; the growth being driven by registered and un-registered manufacturing. The secondary sector registered the highest growth rate of 22.6 per cent between 1999-2000 and 2006-07. This was followed by the mining and quarrying that registered a growth rate of 15.3 per cent between 1999-2000 and 2006-07.
The resources, policy incentives, infrastructure and climate in the state support investments in sectors such as natural gas, food processing, rubber, tea, bamboo, handloom and handicrafts, sericulture, tourism, IT and medicinal plants. Natural gas deposits are among the most important reserves of Tripura's natural resource-base. Natural gas is available at the Baramurahills and in Rokhiawhere natural gas-based plants have been set up.State Presentation (April 2010)
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