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Saturday, July 11, 2026

Business Conclave concludes Investment proposal crosses Rs 1.21 lakh cr, 342 MoUs signed 

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Tripura Net
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Destination Tripura Business Conclave 2026 concluded with investment proposals worth Rs 1.21 lakh crore and 342 MoUs signed across key sectors. The summit attracted 2,000 investors, global companies, and diplomatic representatives, strengthening Tripura’s position as an emerging investment destination in India.

The two-day Destination Tripura Business Conclave 2026 concluded Friday on a high note, drawing investment proposals worth Rs 1,21,303 crore across multiple sectors, marking one of the largest investment outreach initiatives undertaken by the Tripura government.

Business Conclave concludes with 342 MoUs in Tripura
Business Conclave concludes with 342 MoUs in Tripura

According to the Industries and Commerce department, participating investors signed more than 342 Memorandums of Understanding (MoUs) and Letters of Intent (LoIs), expressing interest in establishing projects in the state. Around 2,000 investors from within and outside Tripura, along with representatives of more than 1,200 organizations, attended the conclave.

The department said the proposed investments span a wide range of sectors.

Investment intentions included Rs 18,100 crore in TSECL-related projects, Rs 12,980 crore in renewable energy through TREDA, Rs 12,303 crore in Tourism, Rs 3,056 crore in transport, Rs 568 crore in school education, Rs 3,000 crore in higher education, Rs 1,675 crore in agriculture and horticulture, Rs 228 crore in fisheries, Rs 2,650 crore in animal resource development, Rs 1,700 crore in bamboo, rubber and agar-based industries, Rs 4,000 crore in healthcare, Rs 13,248 crore in information technology, and Rs 30,000 crore in industries and commerce.

Several leading national and international companies participated in the conclave, including Google, Salesforce, RV (Jindal Group), Power Finance Corporation, Ambuja Neotia, ATRI Group, GIZ (Germany), CSRD Enterprise, Maclec, NLC India, ECS Realty Private Limited, Sumandeep Vidyapeeth, NDR Infrastructure Private Limited, JK Urban Garden, Smart Green Aquaculture, Bhutoria Logistics, Anjali Exports, AV Biotechs, and Indian Oil Corporation Limited (IOCL), among others.

The conclave also witnessed participation from ambassadors, high commissioners and diplomatic representatives of 10 countries—Bangladesh, the Philippines, Timor-Leste, Laos (Lao PDR), Kazakhstan, Chile, Nepal, Uzbekistan, South Africa, and the Japan External Trade Organization (JETRO)—underscoring growing international interest in Tripura’s investment potential.

Following the inaugural session on Thursday, Chief Minister Dr. Manik Saha held an interaction with foreign ambassadors and diplomatic representatives, inviting them to explore investment opportunities in Tripura.

Later, Agriculture and Farmers’ Welfare Minister Ratan Lal Nath, Information Technology Minister Pranajit Singha Roy, Industries and Commerce Minister Santana Chakma, Tourism Minister Sushanta Chowdhury, Youth Affairs and Sports Minister Tinku Roy, Cooperation Minister Shukla Charan Noatia, Forest Minister Animesh Debbarma, and Higher Education Minister Kishore Barman met with investors and encouraged them to invest in the state.

Destination Tripura concludes with massive investment commitments
Destination Tripura concludes with massive investment commitments

The valedictory session of the second day of the Destination Tripura Business Conclave 2026 was attended by Keshav Kumar Pathak, Special Secretary in the Cabinet Secretariat, Government of India, Tripura Chief Secretary J. K. Sinha, Industries and Commerce Secretary Kiran Gitte, Rural Development and Power Secretary Abhishek Singh, along with leading industrialists and investors.

Addressing the gathering, the Chief Secretary said that Keshav Kumar Pathak has played a significant role in translating Prime Minister Narendra Modi’s reform-oriented vision into reality. He noted that the conclave received an overwhelming response from the industrial community from its very first day, with investment proposals exceeding Rs 1 lakh crore already received for Tripura.

Assuring investors of full government support, he said the state administration would extend all possible assistance for setting up industries. He added that Tripura has been steadily improving its position across various economic indicators and that the state’s pace of economic reforms has increased tenfold over the past two years.

Speaking on administrative reforms and deregulation, Special Secretary Keshav Kumar Pathak said the Tripura government deserves appreciation for implementing major reform measures within just three months. He remarked that the “Tripura Model” is now being viewed by several states as a model worthy of replication and praised the state for emerging as a frontrunner in implementing reforms.

Industries and Commerce Secretary Kiran Gitte said administrative procedures have become simpler and more transparent. He invited industry representatives to provide constructive feedback and suggestions ahead of the third phase of the state’s deregulation initiative, scheduled to begin in 2027.

| Also Read: RECL signs MoUs worth Rs 15,000 cr for power, renewable energy |

During the second session of the conclave, Chief Secretary J. K. Sinha, Industries and Commerce Secretary Kiran Gitte, V. Anantha Nageswaran, and Finance Secretary P. K. Goyal held detailed discussions on economic growth, investment opportunities, and industry-friendly policies. Rural Development and Power Secretary Abhishek Singh delivered the welcome address to the dignitaries and delegates.

One of the major highlights of the event was the signing of several Memorandums of Understanding (MoUs) between various government departments and private organisations. The Departments of Industries and Commerce, Animal Resource Development, Horticulture, Higher Education, School Education, Tourism, Fisheries, Transport, Science and Technology, Agriculture and Farmers’ Welfare, Power, and Information Technology signed multiple agreements with different organizations to promote investment and sectoral development.

| Also Read: Tripura Leads India in Centre’s Deregulation Reforms: CEA |

The two-day conclave concluded with a vote of thanks delivered by Dr. Dipak Kumar, Director of the Industries and Commerce Department. Expressing gratitude to the distinguished guests, investors, industry representatives, and participants, he said the conclave had laid a strong foundation for future investments and voiced confidence that the initiative would play a significant role in establishing Tripura as one of India’s leading investment-friendly states.

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