Tripura Destination Business Conclave to attract ₹3,000 crore investment

Agartala , Feb 07, 2025, By News On Air95

The Tripura Destination Business Conclave, which began today, is set to attract investments worth ₹3,000 crore, according to State Industries & Commerce Secretary, Kiran Gitte. The event has drawn 150 investors from across India, including Tamil Nadu, Karnataka, Uttar Pradesh, Delhi, West Bengal, and Assam.

the Department of Industries and Commerce launched the two-day event, Destination Tripura - the Business Conclave 2025. This event was held at Hotel Polo Towers with the aim of offering a unique platform for policymakers, industry leaders, and investors to come together and explore avenues for collaboration, networking, and participation.

The highlights of the event included sectoral sessions where experts presented the policies and incentives offered by the Government of Tripura for each sector. This was followed by Business-to­ Government meetings, where each investor had the chance to have one-on-one discussions with officials and policymakers from the department to understand the business ecosystem developed in the state to boost investment and growth.

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The program was attended by Jitendra Kumar Sinha, Chief Secretary of Tripura, Kiran Gitte, Secretary of Industries & Commerce, and Vishwasree B., Director of Industries & Commerce.

The event began with a welcome speech from the Director of Industries and Commerce, who presented a quick synopsis of the infrastructural growth and recent policies launched to develop a favourable investment ecosystem for investors and entrepreneurs in Tripura. Additionally, this business conclave focused on the service sector of Tripura. Investors from major sectors such as Information Technology, Education and Skill Development, Healthcare, and Tourism participated in large numbers, along with traditional sectors such as Rubber, Agar, and Food Processing.

Highlighting the government focus on multiple services sector industries and investor friendly policies of the state, Gitte I, Secretary of Industries & Commerce, urged the business community to explore the untapped potential in the form of skilled human resources, opportunities for public-private partnerships in the healthcare sector, and infrastructure development in popular tourist sites.

The Chief Secretary of the state, Sinha, recounted how Tripura has recently achieved a remarkable growth index and is a forerunner in the sustainable development index among the Northeastern states. The strategic geographical location, vast natural resources, and cultural richness of the state were the highlights of the special address delivered by the Chief Secretary.

.Some important names among the investors include Godrej Agrovet Ltd., Crane Global Solutions GNRC and others.