Tripura has a great potential for investment. Tripura has witnessed tremendous development over the last few years in basic infrastructure as well as industrial infrastructure and has advanced to the top of the North East business locations in India.

The Bodhjungnagar Industrial Complex has been developed, adjacent to the state capital Agartala, on about 550 acres of land with all infrastructure facilities like, road, power, water, pipes natural gas etc. About 80% of the land has been allotted and Industrial Houses from all over India, specially, Delhi, Bangalore, Kolkata, Guwahati etc. have started their venture at Bodhjungnagar in a very short period.

Glimpses of Industrial Units

The largest Latex Based Rubber Thread Unit has been set up by M/S DS Group (Investment – 80 crore), M/S

DP Group has set up a cold Steel Rolling Plant (Investment- 214 cr), TMT Bar unit, Cement plant, packaged Drinking water plant, ferric alum, Distillery, Agarbati manufacturing unit with marketing arrangement with ITC (Mangaldeep), Food products, ACC Conductors, PVC coated wires, steel & wrought Iron furniture etc units have already been set up. Breweries, ayurvedic medicine manufacturing plants, rubber based units etc are coming up. Investments to the tune of 500-600 crores have already been made. Investment proposals of another 500 crores are in the pipeline.

Considering the demand of land at Bodhjungnagar, another 500 acres have been identified for acquisition and with this land it would be an integrated complex of about 1000 acres, the biggest model destination for investment in the entire north east. The Industrial Infrastructure Projects like, Growth Centre, Export Promotion Industrial Park, sector specific Rubber Park, Food Park etc have been set up. IT Park, Bamboo Park is coming up.

In terms of investment appeal, for example, with regard to the quality of human resources and infrastructure, Agartala, the state capital, is on a par with major Indian cities, or even surpasses cities in other North Eastern states. The State offers the finest in Infrastructure, excellent educational facilities, quality trained manpower, a professional work ethic and a conducive business environment. So it is not surprising that the investors are enormously interested in the city.

The Tripura Advantage

i) Location
The strategic location of Tripura in the international context, between Bangladesh on one side and South

 East Asia on the other, offers a great potential for setting up industries in Tripura, with a view to catering to the Bangladesh as well as South East Asian market. The facilities available are as hereunder
• 7 designated Land Custom Stations
• 856 km border with Bangladesh
• Healthy official trade growth
• Developing linkages with trade/industry of Bangladesh
• Lowering Tariff / non-tariff barriers. SAFTA as the declared of SAARC countries.
• Passenger Bus Service between Agartala and Dhaka already operational
• Efforts on to access Chittagong port of Bangladesh
• Growing co-operation between Bangladesh, Nepal, Bhutan under South Asian Growth Quadrangle (SAGQ) initiative
ii) Linkage:

Road Links:

• Railway line is operational up to Agartala. Very good road connection up with Shillong, Guwahai & Siliguri.

Air Connectivity:

Agartala airport has Night Landing Facility. Apart from Indian, Jet, Air-Deccan, Kingfisher, Indigo are operating

regular flights between Agartala-Kolkata & Guwahati. Connecting flights are available for Mumbai, Chennai, Delhi, Bangalore from Kolkata.

Telecom Infrastructure:

Upgraded by laying OFC network, Broadband facilities for internet access, WLL, Mobile services by BSNL, Airtel, Reliance, Aircel, Vodafone etc.

iii) Power
The State is presently power surplus (outside 5-hour peak period). Day-round surplus expected shortly. The power tariffs are much lower compared to other states – the highest rate being around Rs. 3.60 per unit. 2(two) new power projects at Palatana by ONGC & ILFS and Monarchak by NEEPCO would greatly enhance the installed capacity.

iv) Potential Sectors

Trade & Commerce, Rubber, Natural Gas, Bamboo, Food Processing, Tea, IT, Tourism, health, educational institutions etc.

v) Investment Policy & Incentives

The state government has introduced the Tripura Industrial Policy & Industrial Investment Promotion Incentive Scheme, 2007 which was framed, taking into consideration the impact of the North East Industrial Investment Promotion Policy (NEIIPP) 2007 introduced by the Government of India. The policy covered innovative schemes to attract investment in the State by covering the uncovered support areas of NEIIPP 2007.

For further details please visit the tidc website www.tidc.co.in/