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Tripura targets ₹1 lakh crore investment push

National Spectrum by National Spectrum
2 months ago
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Agartala, July 5: Tripura is aiming to attract investment proposals worth ₹1 lakh crore through the Destination Tripura Business Conclave 2026, a two-day investment summit scheduled to begin on July 9 at the International Fair Ground in Hapania. Around 500 business leaders, industrialists and investors from India and abroad are expected to participate, making it the state’s biggest investment promotion event to date.

Chief Minister Dr. Manik Saha, after reviewing preparations at the venue on Sunday, said the conclave is being organised on a much larger scale than previous editions, reflecting Tripura’s emergence as a promising investment destination.

“Earlier, the business conclave was held at a hotel, but this time it is being organised at the International Fair Ground considering the large number of participants expected,” Dr. Saha said.

The Chief Minister informed that the government has set a target of securing ₹1 lakh crore worth of investment proposals during the summit. He said various departments made detailed presentations during the review meeting, highlighting prospective investors, sector-wise investment opportunities and expected commitments, while discussions with several other investors are still underway.

Dr. Saha said all key departments are working in coordination to ensure the event’s success. The review meeting was attended by the Chief Secretary, Director General of Police, senior government officials and the local MLA.

Highlighting the significance of such investment summits, the Chief Minister said they would accelerate infrastructure development, create employment opportunities and boost the state’s GST revenue. He noted that Tripura received investment proposals worth ₹30,000 crore over the past year, with projects valued at around ₹8,000 crore already grounded.

The conclave will showcase investment opportunities across sectors including Industries and Commerce, Tourism, Education, Higher Education and allied industries. Exhibition stalls featuring thematic clusters will present the state’s industrial potential and natural resources to prospective investors.

Dr. Saha also credited Tripura’s peaceful law and order situation for increasing investor confidence. “No investor comes unless there is a conducive environment. Today, Tripura offers peace and stability, which is attracting investors from across India and abroad,” he said.

The state government is making extensive arrangements for accommodation, logistics and coordination for visiting delegates. Adding prestige to the event, Union Minister Jyotiraditya Scindia is scheduled to attend the conclave on July 9 and 10, providing further momentum to Tripura’s flagship investment initiative.

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