About Tripura: Information on Tourism, Industries, Economy & Geography

Tripura, one of the north-eastern states, is bounded on the north, west, south and southeast by Bangladesh, whereas in the east, it shares a common boundary with Assam and Mizoram.

The state has favourable climatic conditions for cultivation of various fruit and horticultural crops. It is rich in natural resources such as natural gas, rubber, tea and medicinal plants.

Tripura is endowed with rich and diverse bamboo resources. It is also the second largest natural rubber producer in the country after Kerala and produced 37,277 million tonnes of rubber in FY 2015. Tripura accounts for about 6 per cent of bamboo sticks, used for making incense sticks in India. Around 21 of the 130 bamboo species known in India are grown in the state.

Tripura holds a strong tea plantation base, with 58 tea gardens covering an area of over 6,400 hectares as of 2014-15. Tea produced in Tripura is famous for its blending qualities.

The state is also rich in natural gas deposits, glass sands, limestone, plastic clay and hard rock. As of May 2018, Tripura had a total installed power generation capacity of 735.72 megawatt (MW).

With its pleasant climate and scenic landscape, Tripura is a favoured tourist destination. The state offers tourists attractions such as historical Hindu and Buddhist sites, temples, rivers and rock carvings. The number of foreign tourists visiting the state grew at a Compound Annual Growth Rate (CAGR) of 46.28 per cent from 2010-11 to 2015-16.

The state has favourable climatic conditions for cultivating various fruit and horticultural crops including rice, jackfruit, pineapple, potato, sugarcane, chilli and natural rubber. Rice is the major crop of the state and is cultivated in 91 per cent of the cropped area. The state has a wide variety of medical plants having 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs and 165 climbers.

The Guwahati-region which includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura has attracted Foreign Direct Investment (FDI) equity inflows worth US$ 104 million during the period April 2000 to December 2017, according to data released by Department of Industrial Policy and Promotion (DIPP).

Tripura has 87.8 per cent literacy rate, higher than the national average rate, making it an ideal destination for knowledge sectors.

The state has a wide range of fiscal and policy incentives for businesses under the Tripura Industrial Investment Promotion Incentive Scheme, 2012. Developing infrastructure, improved rail & air connectivity, and establishment of trade routes have facilitated trade.

Recent developments

The Asian Development Bank (ADB) and Government of India signed a loan agreement of US$ 80 million, which is the third tranche of a US$ 200 million financing facility under the North Eastern Region Capital cities Development Investment Program, and will be invested for improving water supply, solid waste management and sanitation in the cities of Agartala and Aizwal, the capital cities of Tripura and Mizoram respectively.

Under the Bharatmala project, 500 km of roads are being constructed in the state.

Key Sectors:

• The agro-climatic conditions in the state are favourable for growing various fruits and horticultural crops. Tripura’s pineapples and oranges are known for their unique flavour and organic nature.
• As per the 1st advance estimate of 2017-18, total fruit production in the state is 594.70 thousand MT, total vegetables production is 80237 thousand MT, total plantation production is 33.68 thousand MT, total spices production is 18.13 thousand MT.
• Tripura has vast natural gas reserves. The gas is available in a non-associate form, with high methane content of about 97.0 per cent. Concessional gas-pricing and vast reserves offer potential for setting up industries in the sector. Natural Gas production in Tripura during April-October 2017 stood at 830 million cubic metres (mcm).
• An agri-export zone for pineapples is also being developed. The state also has potential in the meat processing sector. Tripura implemented the National Food Security Act, 2013, in September 2015 and became the first state to implement the act in the entire North East
• Tea grown in Tripura is known for its good blending qualities. Organic tea and green tea production have been undertaken by some of the tea estates in the state. Tea production is a growing industry in Tripura and provides a considerable scope for investment.