The Tripura government has adopted a focused approach to attract and facilitate investments, built on several pillars, Chief Minister Dr Manik Saha said on Saturday.
The pillars are- implementation of EoDB reforms including online approvals and single-window clearance, development of land banks and dedicated industrial estates, promotion through sector-specific promotional events, continuous engagement with investors including regular follow-up and further to that Investment proposals are being facilitated through different Policy reforms, announcement of new policies/schemes etc, he said.
Dr. Saha, convener of the High-Level Task Force on Investment Promotion in the North Eastern Region, said this during a Stakeholder Consultation in Agartala.
"The State Government of Tripura has launched several policies to promote investment in the state like Tripura Industrial Investment Policy, IT Policy, Agar Policy, Tourism Policy, Start Up policy, Electric Vehicle Policy etc. With targeted policies, financial linkages, and innovative business models, Tripura aspires to lead by example in realizing the vision of a sustainable, inclusive, and circular economy," he said.
Strategic Roadmap & Economic Development:
With the mandate of formulating a strategic Roadmap to position the North East Region as a preferred destination for investment, the event was organized in collaboration with the Ministry of DoNER, Dr. Saha said, while welcoming the delegates.
He said, the Northeast region of India has several state-specific niche sectors that can be leveraged for economic development. Each State is unique and possesses resources and advantages that can be capitalized upon.
Citing example, he said, Hydropower in Arunachal Pradesh; Oil, Tea, Electronics in Assam; Sports and Film Making in Manipur; Hospitality, Education and IT in Meghalaya; Bamboo, Handloom & Handicrafts in Mizoram; Tourism, Agri and Allied Sector in Nagaland; Tourism, Organic farming and Pharmaceuticals in Sikkim; Tourism, Education, Health, Agar, Bamboo and Rubber in Tripura-- each State has to focus on developing its Unique Selling Point (USP) in these niche sectors.
He further said, "Within these niche sectors, we need to focus on certain products for value addition. We need to enhance the manufacturing, marketing, logistics, and connectivity - the entire supply chain to create more value for businesses."
Key highlights from Rising Northeast Investors Summit:
The recent initiative of the Ministry of DoNER “The Rising North East Investors Summit 2025”, held during May 23-24, concluded with significant investment announcements, Dr Saha said.
The Summit was inaugurated by Prime Minister Narendra Modi and delegations from over 80 countries — from Japan to Europe to ASEAN nations attended the summit.
"There was one unanimous sentiment that India’s future lies in Northeast and the Northeast has emerged as a hub of global partnership and mutual interest. The Summit drew an unprecedented Rs 4.3 lakh crore in investment interest, setting the stage for the Northeast Region (NER) to become India’s next economic powerhouse," he noted.
The Chief Minister said, in case of Tripura, total 64 MoUs worth Rs. 15,823 crores have been signed in this Summit. Earlier, with joint efforts along with Ministry of DONER, Tripura had signed 184 MoUs with an investment potential of more than Rs. 15,000 Crores during the Road Shows, Investment Summits and Business Conclaves. Till date, more than 25% of the MoUs signed so far have been grounded.
Ease of Doing Business:
Regarding Ease of Doing Business and De-regulation, he stressed the need to review the regulatory framework which govern the land, investment and development aspects in the North East region. Legislations and regulations are characterized by a blend of federal legislation and state-specific regulations, particularly concerning development, security, and protection of indigenous communities.
The Chief Minister then highlighted that the study of North East Economic Corridor conducted by Asian Development Bank (ADB) envisaged multimodal transport networks within northeastern region, with the rest of India and with neighbouring countries to enhance connectivity with Southeast Asia. The study has identified 24 growth centres and 20 border centres which should be developed on priority.
"As far as the state of Tripura is concerned, Tripura stands committed towards contributing proactively in formulating progressive, inclusive, and outcome-oriented roadmap to realise the goal of Atmanirbhar and Vikasit Bharat", he said.
Tripura has implemented all 387 business reforms as mandated under Business Reforms Action Plan 2024. Tripura is one of the first few states to pass the Tripura Jan Vishwas (Amendment of Provisions) Ordinance, 2025 de-criminalising the provisions in State Acts and Rules and repealing the obsolete laws, he added.
Expansion of Industrial Infrastructure in Tripura:
Significant developments have been undertaken to strengthen industrial infrastructure in the State by availing a 85.4 million Dollar ADB loan funding wherein power, roads, plug-and-play infrastructure and warehousing facilities etc are being developed, the Chief Minister said.
"The Tripura Industrial Development Corporation (TIDC) is executing a robust expansion plan involving development of 1,500+ acres of new industrial zones, creation of sector-specific industrial parks and in addition Land parcels along key transport corridors are being developed to cater to investor demand", he said.
Further to that, to ensure integrated development, TIDC has been empowered as an Industrial Planning & Development Authority with functions including Planning of mixed-use industrial townships, Provision of housing, health, education, and civic infrastructure within industrial zones, Environmental sustainability, zoning regulation, and smart infrastructure development.
MSMEs in Tripura:
There are more than 86,117 Micro Small and Medium Enterprises (MSMEs) in Tripura. They are facing critical challenges of financial support, institutional strengthening, market access, and sustainability, he said.
"We have taken up project for formalizing 32,000 MSMEs, significantly enhancing their operational and financial capabilities. Tripura has strong base of 60,318 Self-Help Groups (SHGs) with 5,49,559 SHG members and more than 01 Lakh Lakhpati Didis. We are encouraging members of Self Help Groups to become entrepreneurs by availing benefits of promotional incentive policy for MSMEs" Dr. Saha added.
To catalyse urban employment and entrepreneurship, the Chief Minister underlined the need to adopt a diverse strategy focused on strengthening the MSME ecosystem.
"We are committed to foster synergy between Skilling programs and MSME development through convergence with PM Vishwakarma, PM SVANidhi and Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) schemes. We aim to improve access to finance, ensure targeted capacity building, and streamline handholding support for aspiring entrepreneurs," he said.
Minister for Industries and Commerce Santana Chakma, Secretary of Industries and Commerce Kiran Gitte, Director Shailesh Kumar Yadav, officials from Central Government and North Eastern States, investors, members of Industry Associations and other participants were present in the event.
