Agartala: Tripura has emerged as a preferred investment destination in the Northeast, with investments worth Rs 5,000 crore having been implemented across multiple sectors over the past one year, an official said on Wednesday.
The state has received investment proposals worth Rs 19,600 crore through the Raising Northeast Business Summit and the Tripura Investors’ Conclave 2025.
Addressing a press conference, Industries and Commerce Department Secretary Kiran Gitte said that out of the total proposals, investments amounting to Rs 5,000 crore have already been implemented on the ground.
He said the state expects to realise investments of around Rs 9,000 crore, or nearly 40 per cent of the total proposed amount, over the next couple of months. This, he noted, reflects strong investor response, especially when compared to the national average, where actual investment conversion stands at around 20–30 per cent.
Gitte said the government is conducting monthly reviews to track the progress of investment commitments made during business summits and conclaves and to monitor their translation into actual projects.
Encouraged by the positive response, the government is considering organising another investment conclave after the Budget Session of the Assembly, he added.
The official said the state has introduced new subsidies in sectors such as transport and solar energy to further attract investors.
“Earlier, there was no provision for transport subsidy to assist industries. In addition, subsidies have been introduced for setting up solar-based industries in the state. These aspects were not highlighted in previous business summits,” he said.
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According to Gitte, steps are also being taken to acquire additional land at the Bodhjungnagar industrial estate in West Tripura district to accommodate more industrial units, as existing space is becoming insufficient for new investments.
