Latest update: December, 2018
Tripura is one of the seven states in the North-east. Tripura acts as a gateway between Northeast India and Bangladesh. The state shares an 856-km international border with Bangladesh. This offers enormous potential for international trade. Tripura is endowed with rich and diverse bamboo resources and is the largest bamboo producing hub in India. The state has an area of 7,195 hectares for the production of bamboo.
Tripura has several potential, yet relatively unexplored sectors such as organic spices, bio-fuel and eco-tourism. It is rich in natural resources such as natural gas, rubber, tea and medicinal plants. The state is also known for its vibrant food processing, bamboo and sericulture industries. The state is second largest natural rubber producer in the country, after Kerala.
Tripura holds a strong tea plantation base in India, with 54 tea gardens covering an area of over 7,482.27 hectares as of 2015-16. Due to large availability of land along with appropriate climatic conditions, a gradual boost to the tea production in the state has been witnessed. In 2017-18, tea production in the state stood at 8.72 million kg.
As of November 2018, Tripura had a total installed power generation capacity of 733.44 MW and in February 2015, the state also initiated India’s first solar power plant at Monarchak.
Some of the major initiatives taken by the government to promote Tripura as an investment destination are:
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