Tripura has attracted investment proposals worth more than ₹1 lakh crore through over 250 Memorandums of Understanding (MoUs) signed at the Destination Tripura Business Conclave 2026, with Chief Minister Manik Saha saying the state is steadily emerging as an attractive investment destination backed by reforms, infrastructure and improved connectivity.
Addressing the conclave at the International Fair Ground in Agartala, Saha said Tripura's economy has witnessed significant growth over the past six years, with the state's Gross State Domestic Product (GSDP) doubling during the period. He attributed the progress to sustained investments in roads, railways, airports, digital connectivity, inland waterways and banking infrastructure.
The conclave was attended virtually by Union Commerce and Industry Minister Piyush Goyal and Union Minister for Development of North Eastern Region (DoNER) Jyotiraditya Scindia, while more than 700 delegates, including investors, industrialists, diplomats and senior government officials, participated in the event.
Highlighting the state's natural advantages, Saha said Tripura offers immense opportunities in sectors such as natural gas, rubber, bamboo, agarwood, horticulture and the GI-tagged Queen Pineapple. He noted that the state's growing skilled workforce and status as India's third fully literate state further enhance its investment appeal.
Also read: Tripura targets ₹1L-cr investment at Business Conclave 2026
The Chief Minister said reforms in land management, industrial approvals, urban planning, healthcare, education and tourism have helped create a business-friendly ecosystem. He also pointed out that Tripura secured the top position among states and Union Territories in both Phase I and Phase II of the Deregulation and Compliance Reduction rankings.
According to Saha, the state received investment proposals worth over ₹30,000 crore in the past year, with projects valued at more than ₹8,000 crore already moving towards implementation.
He identified rubber processing, bamboo-based industries, food processing, fisheries, renewable energy, logistics, healthcare, pharmaceuticals, biotechnology and information technology as key sectors for future investment.
Emphasising Tripura's strategic location, Saha said the state's 856-km border with Bangladesh, along with projects such as the Agartala-Akhaura rail link, Maitri Setu and inland water transport routes, would strengthen regional trade and position Tripura as a gateway to Southeast Asia.
Expressing confidence in the outcome of the conclave, the Chief Minister said the investment proposals would translate into projects on the ground, generating employment and accelerating the state's long-term economic growth.
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