Agartala, Tripura, 31st of May 2025 : With the initiative of Government of Tripura Stake Holders’ Consultation of the High-level task force on investment promotion in the North Eastern Region programme in collaboration with Minister of Department of Development of North Eastern Region (DoNER) Government of India at Hotel Polo Tower, Agartala, Tripura on Saturday (31st May, 2025). In the presence of many distinguished dignitaries Hon’ble Chief Minister Dr. Manik Saha inaugurated the event by lighting the lamp.
Addressing at the Stake Holders’ Consultation of the High-level task force on investment promotion in the North Eastern Region programme Hon’ble Chief Minister Dr. Manik Saha said the Rising Northeast Investors Summit held recently in New Delhi has created a total investment potential of Rs 43 lakh crore for various States of North-East India. In the case of Tripura, 64 MoUs were signed at the summit, through which an investment of Rs 15,823 crore will be made. The Chief minister said representatives of more than 80 Japan, the European Union (EU), and the Association of Southeast Asian Nations (ASEAN) and other countries participated in the Rising Northeast Investors Summit. As a result of this summit, North-East India will be established as an economic powerhouse in the coming days. He said that 18-4 MoUs have already been signed under the joint initiative of Tripura and the Department of Development of North Eastern Region (DoNER) Ministry. Through which, the potential for investment of more than 15 thousand crore rupees has been created. Out of this, more than 25 percent has been implemented.
“The business representatives present at the event that the special sectors of the states of North-East India can be utilized to the maximum for economic development. Among them, in the case of Tripura, the maximum investment can be made in tourism, education, health, agar, bamboo and rubber. He further said that in order to create a conducive environment for setting up industries in the North-East, the laws and policies related to land, investment and development should be reconsidered and attention should be paid to subsidies and tax exemptions in various fields.”, Chief Minister said.
The main responsibility of the high-level task force formed for investment in the North-East is to prepare the necessary strategic roadmap to establish the region as a worthy investment destination for investors. Two meetings of this task force have already been completed. He said that the central government is working with great importance in the North-East to develop basic infrastructure like roads, airports, waterways, banking services, telecom services, which are necessary for setting up industries. To create a positive attitude towards setting up industries in the state, the Tripura Government has adopted Industrial Investment Policy, IT Policy, Agar Policy, Tourism Policy, Start-up Policy, Electric Vehicle Policy. Moreover, 387 reforms have been successfully implemented under the Business Reforms Action Plan-2024. The Tripura Jan Biswas (Amendment) Ordinance has already been passed in the state.”, Chief Minister added.
Highlighting on the occasion, Chief Minister Dr. Saha remarked, Tripura Industrial Development more than 1,500 acres of new industrial zones, sector-based industrial parks and land along main roads. There are more than 86,117 small and medium industries in the state. MSME helpdesks have been set up in block and municipal council. Subsidies are being provided to these industries for transportation of required raw materials and manufactured goods. There are 60,318 self-help groups in the state. There are also more than 1 lakh millionaires.
At the event, Hon’ble Industries & Commerce, OBC Welfare Minister Santana Chakma said that Prime Minister Narendra Modi has called the states of the North-East as Ashtalakshmi. Due to the sincere vision of the Prime Minister, the North-East including Tripura is moving on the path of rapid development and progress. The North-East has become a hub for investment due to its endless natural resources and potential for development. The Act East Policy in the North-East and the proximity of this region to South-East Asia have opened up new potential areas for investors.
The welcome address was delivered by Secretary of the Department of Industries and Commerce Kiran Gitte, at Stake Holders’ Consultation of the High-level task force on investment promotion in the North Eastern Region programme. Amidst the distinguished dignitaries participants there were TIDCL Chairman Nabadal Banik, and many others remained present at the event.The program concluded with a vote of thanks by Director of Industries and Commerce department Dr. Shailesh Kumar Yadav.
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