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TRIPURA
THE LAND OF PERMANENT SPRING
UJJAYANTA PALACE IN AGARTALA, TRIPURA
Table of Content
Executive Summary .…………….…….…....3
Introduction ……..………………………...….4
Economic Snapshot ……………….….…….9
Physical Infrastructure ………..……...........15
Social Infrastructure ...................................21
Industrial Infrastructure ……...……….........24
Key Sectors ………….………………..……..26
Key Procedures & Policies…………………..32
Annexure.………….……..…..........................40
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EXECUTIVE SUMMARY
 Tripura is endowed with rich and diverse bamboo resources. It is home to 21 species of bamboo. The state
has an area of 7,195 hectares for the production of bamboo.
Largest bamboo
producing hub in India
Source: Ministry of Agriculture, Tripura State Portal
 Tripura holds a strong tea plantation base, with 58 tea gardens covering an area of over 6,400 hectares as of
2014-15. Due to large availability of land along with appropriate climatic conditions gradual boost to the tea
production in the state has been witnessed. In 2017-18, tea production in the state stood at 8.72 million kg.
Fifth largest tea
producing state
 Tripura is the 2nd largest natural rubber producer in the country, after Kerala. As of 2016-17, production of
rubber in the state stood at 56,380 tonnes as compared to 44,245 tonnes in 2015-16.
Strong natural rubber
production base
 A unique harmonious blend of 3 traditions (tribal, Bengali & Manipuri weaving) can be seen in Tripura’s
handicrafts. The state is known for its unique cane & bamboo handicrafts.
Unique cultural mix in
handicraft art
 Tripura has about 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs,165 climbers, 16
climbing shrubs, 35 ferns & 45 epiphytes. The pertinent tropical climatic conditions in the state supports the
flourishing growth of various types of the medicinal plant & other forest resources scattered all over the state.
Treasure of natural
medicine
 The state has favourable climatic conditions for cultivation of various fruit and horticultural crops. The state’s
pineapples and oranges are known for their unique flavours and organic nature. It has set up a modern food
park near Agartala to boost growth in the food processing sector & an agri-export zone for pineapples. The
state also has potential in the meat-processing sector.
Food processing hub in
Northeast
TRIPURA
INTRODUCTION
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TRIPURA FACT FILE
Source: Government of Tripura website, Census 2011; *As of 08.09.2014
 Tripura is bounded on the north, west, south and southeast by
Bangladesh; whereas in the east, the state has a common boundary
with Assam and Mizoram.
 Bengali and Kokborok/Tripuri are the official languages of the state.
The medium of instruction in schools is either Bengali or English.
 Tripura has eight administrative districts: Dhalai, Gomati, Khowai,
North Tripura, Sepahijala, South Tripura, Unnakoti and West Tripura.
Agartala is the capital of Tripura and the state’s largest city. Key
towns in the state are Kailashahar, Udaipur, Khumulwng, Kamalpur,
Ambassa, Khowai and Sabroom.
Parameters Tripura
Capital Agartala
Geographical area (lakh sq. km) 10,491
Administrative districts (No) 8
Population density (persons per sq. km) 350
Total population (million) 3.7
Male population (million) 1.9
Female population (million) 1.8
Sex ratio (females per 1,000 males) 947
Literacy rate (per cent) 96.8*
 Main rivers flowing through Tripura are Gomati, Manu, Khowai, Feni,
Doloi, Muhuri and Haora.
 The prominent hill ranges of the state are Jampui, Sakhantang,
Longtharai, Atharamura, Baramura, Deotamura, Belkum and
Kalajhari.
Source: Wikimedia Commons
For updated information, please visit www.ibef.orgTRIPURA6
ADVANTAGE: TRIPURA
Untapped resources and medical plants
 Tripura has several potential, but unexplored sectors such as
organic spices, bio-fuels & eco-tourism.
 The state has a wide variety of medical plants. It has 266
medicinal plants, 379 species of trees, 581 herbs, 320 shrubs
& 165 climbers.
Policy and
infrastructure support
 Tripura has a wide range of fiscal & policy incentives for
businesses under the Tripura Industrial Investment Promotion
Incentive Scheme, 2012.
 Developing infrastructure, improved rail & air connectivity &
establishment of trade routes have facilitated trade.
 In June 2017, the state government announced an average
19.68per cent pay hike for its pensioners and employees
Availability of skilled
workforce
 Tripura has a large base of skilled labour, making it an ideal
destination for knowledge sectors. At 87.8per cent, its literacy
rate is higher than the national average rate.
 The state has institutes such as National Institute of
Technology (NIT) & Tripura Institute of Technology (TIT),
which provide skilled manpower to various industries.
Advantage
Tripura
Tourism hub in North East
 With its pleasant climate and scenic landscape, Tripura is a
favoured tourist destination.
 Its blessed with scenic beauty, ancient places, temples,
breathing taking verdant hills & bio-diversity treasure trove of
wildlife sanctuaries
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TRIPURA IN FIGURES
Parameter Tripura India
GSDP as a percentage of all
states’ GSDP
0.28 100.0
GSDP growth rate (%) 16.46 10.00
Per capita GSDP (US$) 1,800.74 1,977.60
Tripura’s Contribution to Indian Economy (2017-18)
Parameter Tripura India
Installed power capacity
(MW) (November 2018)*
733.44 346,619.37
Wireless subscribers
(as of September 2018)
11,693,548 1,169,291,183
Internet subscribers (Mn)
(as of September 2018)
6.09 560.01
National highway length
(km) (up to February 2018)
854 122,432
Airports (No) 1 125
Physical Infrastructure in Tripura
Parameter Tripura India
Literacy rate (%) 95.16 74.04
Birth rate (per 1,000
population)
13.7 20.4
Social Indicators
Parameter Tripura India
Cumulative FDI equity inflows since April 2000 (US$ billion) 0.11
1
389.72
Investments (as of June 2018)
Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2015-16 i.e. 65.46, For source refer to Annexure , * FY 2018-19,2016-17 GSDP and
GSDP per capita figures are not available., This includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura..
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NORTH EAST REGION VISION 2020
Source: NER Vision 2020
Vision
2020
Agriculture
Quality of life of
people Growth rate in
GSDP
Tourism
Governance
Promoting
investments
Infrastructure
 Encouraging the cultivation of
HYV crops through better use
of organic manure, fertilisers
and pesticides.
 Preventing soil erosion by
controlling floods.
 Promoting cultivation of
horticulture crops.
 Government had targeted to grow
GSDP by 9.5per cent and per
capita GSDP by 7.3per cent over
2007-20.
 Improving standard of living of
people in the region to meet the
national standard by 2020.
 Creating centres of excellence,
state-of-art hospitals and
educational institutions.
 Focussing and developing
services that would promote
tourism and create employment
opportunities.
 Improving the security scenario
for safety of tourists.
 Better governance and ensuring
peace and harmony by
maximising self-governance and
increased people participation.
 Encouraging public investment in
infrastructure to attract private
investment.
 Creating a centre for trade and
commerce by improving relations
with neighbouring countries.
 Facilitating easy movement of
goods and people by investing in
road, rail, inland water and air
transportation.
 Generating more power for supply
to neighbours.
Industry
 Developing agro-processing and
sericulture industries.
 Increasing investment in
manufacturing units depending upon
the availability of resources in the
region.
Note: HYV- High Yielding Variety
TRIPURA
ECONOMIC SNAPSHOT
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ECONOMIC SNAPSHOT – GSDP
GSDP of Tripura at current prices
 At current prices, Tripura’s Gross State Domestic Product
(GSDP)* stood at around about Rs 461.33 billion (US$ 7.16
billion)
 GSDP increased at a Compound Annual Growth Rate (CAGR)
of 15.72 per cent between 2011-12 and 2017-18.
Source: Directorate of Economics and Statistics of Tripura
4.01
3.98
4.23
4.83
5.49
5.90
7.16
192.08
216.63
255.93
295.33
359.38
396.12
461.33
0
50
100
150
200
250
300
350
400
450
500
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17*
2017-18**
US$ billion Rs billion
CAGR (in Rs) 15.72 %
GSDP per capita of Tripura at current prices
1,082.68
1,062.65
1,116.45
1,259.36
1,414.59
1,503.52
1,800.74
51,914.62
57,861.11
67,545.08
77,010.00
92,599.00
100,871.00
116,058.00
0
20000
40000
60000
80000
100000
120000
140000
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17*
2017-18**
US$ Rs
CAGR (in Rs) 14.35%
 The state’s per capita GSDP was Rs 116,058 (US$ 1,800.74)
in 2017-18 compared with Rs 51,915 (US$ 1,082.68) during
2011-12.
 Per capita GSDP increased at a CAGR of 14.35 per cent
between 2011-12 and 2017-18.
Note: * 1st Revision, **Provisional
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ECONOMIC SNAPSHOT – NSDP
NSDP of Tripura at current prices
3.63
3.61
3.86
4.36
4.96
5.34
6.48
174.19
196.31
233.29
266.43
324.76
358.40
417.55
0
50
100
150
200
250
300
350
400
450
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17*
2017-18**
US$ billion Rs billion
CAGR (in Rs) 15.69%
 Tripura’s Net State Domestic Product (NSDP) was about Rs
417.55 billion (US$ 6.48 billion) during 2017-18.
 NSDP increased at a CAGR of 15.69 per cent between 2011-
12 and 2017-18.
 Tripura’s per capita NSDP was Rs 105,044 (US$ 1,629.85) in
2017-18 compared with Rs 47,079 (US$ 981.84) during 2011-
12.
 Per capita NSDP increased at an average rate of 14.31 per
cent between 2011-12 and 2017-18.
NSDP per capita of Tripura at current prices
981.84
962.98
1,017.69
1,136.12
1,278.34
1,360.35
1,629.85
47,079.00
52,434.00
61,570.00
69,474.00
83,680.00
91,266.00
105,044.00
0
20000
40000
60000
80000
100000
120000
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17*
2017-18**
US$ Rs
CAGR (in Rs) 14.31%
Source: Directorate of Economics and Statistics of Tripura
Note: * 1st Revision, **Provisional
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ECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSVA
 Over the years, there has been a shift in the sectoral contribution
from primary and secondary to the tertiary sector. The overall
performance of the economy of the state during the 2017-18 was
encouraging.
 During 2017-18, the tertiary sector contributed 39.72 per cent to the
state’s GSVA, followed by primary (46.79 per cent) & secondary
(13.49 per cent) sectors.
 The tertiary sector grew at a CAGR of 78.40 per cent between 2011-
12 & 2017-18. The increase was driven by growth in trade, hotels,
real estate, finance, insurance, transport, communications & other
services sub-sectors.
 The primary sector rose at a CAGR of 228.94 per cent between
2011-12 and 2017-18.
 The secondary sector registered a CAGR of 124.97 per cent
between 2011-12 & 2017-18. This was driven by growth in
manufacturing, construction & electricity, gas & water supply sub-
sectors.
GSVA composition by sector
33.48%
46.79%14.11%
13.49%
52.40% 39.72%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011-12 2017-18*
Primary Sector Secondary Sector Tertiary Sector
228.94%
78.40%
124.97%
CAGR
Source: Directorate of Economics and Statistics of Tripura
Note: *Provisional
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ECONOMIC SNAPSHOT – FDI INFLOWS &
INVESTMENTS
 According to the Department of Industrial Policy & Promotion (DIPP),
FDI inflows1 to the Northeast states reached US$ 110 million from
April 2000 to June 2018.
FDI inflows in Tripura^ in April 2000-June 2018 (US$ million)
Source: DIPP
Note: ^ FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, *As of June 2018
1 5
1 5
10
2
13
2
72
110
50
60
70
80
90
100
110
120
FY01-11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19*
FY01-19*
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ECONOMIC SNAPSHOT – EXPORT
 Total merchandise exports from the state stood at US$ 2.36 million during 2017-18. During 2018-19*,the exports stood at US$ 0.96 million.
 Major items exported from the state of Tripura are Iron & Steel and RMG Cotton INCL,Accessories, etc.
Source: Directorate General of Commercial Intelligence and Statistics, Ministry of Commerce and Industry
Export Trend (US$ million)
5.92
1.26
1.42
2.36
0.96
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
FY15 FY16 FY17 FY18 FY19*
Composition of Major Item Exported from Tripura (2017-18)
30%
21%
14%
11%
7%
5%
Iron & Steel RMG Cotton INCL Accessories
Fresh Vegetables Tea
Marine Products Coal, Coke and Briquittes ETC
Note: * - Up to September 2018
TRIPURA
PHYSICAL
INFRASTRUCTURE
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PHYSICAL INFRASTRUCTURE – ROADS
Source: Ministry of Road Transport & Highways, PMGSY
 The Tripura Road Transport Corporation (TRTC) provides state
road transport services. TRTC operates 39 buses & 20 trucks on 32
routes.
 Road density per thousand sq km is 3,026.23 in Tripura, while road
density per thousand population is 9.3 in the state.
 In June 2018, The President of India inaugurated the National
Highway from Matabari to Sabroom in Udaipur.
 In March 2018, Union Road Minister has vouched to grant a total of
Rs 12,000 crore (US$ 1.85 billion) to construct six national highways
in the state.
 Under the Bharatmala project, 500 km of roads are being
constructed in the state.
 As of June 2018, six road project works have been completed in the
state under PMGSY.
Road type Road length (km)
National highways 854
State highways 532
Major district roads 90
Other district roads 1,195
Village roads 9,674
Road infrastructure –2016-17
Habitants benefitted (No.) 28
Length completed (km)** 21.17
Pradhan Mantri Gram Sadak Yojana (PMGSY ) 2017-18 (up to
February 2018)
Year Road works (No)
2014-15 83
2015-16 95
2016-17 32
2017-18 45
2018-19* 6
Road work completion under PMGSY
Note: *As of June 2018, Updated data is expected in 2019, ** up to November 2018
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PHYSICAL INFRASTRUCTURE – RAILWAYS &
AIRPORTS
 Tripura has entered the broad gauge railway map of the country. The
total length of Rail line within the state is 202.76 km including the
recently extended line upto Udaipur railway station, Gomati District.
 Apart from passenger trains, goods trains ply upto Agartala and
Udaipur. Some local trains also run in between Udaipur and
Dharmanagar.
 Agartala railway station at Badharghat is the main junction of the
state.
 Tripura has a domestic airport at Agartala, known as C.A. Agartala
Airport, that is the 2nd busiest airport in north east India. The airport
is administered by the Airports Authority of India & is located 12 km
southeast of Agartala city.
Source: Airport Authority of India
2015-16 2016-17 2017-18
Apr-Sep
2018
Aircraft
movement
(nos.)
7,158 8,899 9,058 6,894
Total
passenger
traffic
921,591 1,183,567 1,244,716 989,799
Freight
handled
(M tonnes)
5,456 6,057 4,958 3,663
For updated information, please visit www.ibef.orgTRIPURA18
PHYSICAL INFRASTRUCTURE – POWER
 Tripura State Electricity Corporation Ltd. was incorporated in 2004 & is responsible for generation, transmission & distribution of power in the
state.
 As of November 2018, Tripura had a total installed power generation capacity of 733.44 MW, of which 185.51 MW was under state utilities, 547.84
MW was under central & 0.09 MW was under the private sector.
 Of the total installed capacity, 643.85 MW was contributed by thermal power, 68.49 MW by hydropower & 21.10 MW by renewable resources as
of November 2018.
 As of May 2018, Tripura had won eight new projects worth Rs 74.12 crore (US$ 6.38 million) under the Deen Dayal Upadhyaya Gram Jyoti Yojana
(DDUGJY).
Source: Central Electricity Authority, DDUGJY
Installed power capacity (MW)
243.40
244.10
265.00
265.00
412.10
433.10
627.05
676.50
727.33
727.33
733.44
0
100
200
300
400
500
600
700
800
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19*
Note: *Up to November 2018
Area type Nos.
Total villages 863
Electrified villages 863
Total rural households 796,000
Electrified rural households 582,000
Un-electrified rural households 215,000
Status of rural electrification in Tripura (as of October 2017)
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PHYSICAL INFRASTRUCTURE – TELECOM
Note: (1)Combined figures for Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, GP – Gram Panchayat
 According to the Telecom Regulatory Authority of India (TRAI), Northeast states had 11.69 million wireless subscribers and 107,440 wireline
subscribers, as of September 2018. The number of internet subscribers in the states as of September 2018, stood at 6.09 million.
 By the end of September 2018, 1.27 million subscribers had submitted requests for mobile number portability in the region. Moreover, the region
had a tele-density of 82.39 per cent.
 BSNL, the largest telecom service provider in the state and provides landline connections in Tripura.
Source: Telecom Regulatory Authority of India; Department of Telecommunications- Ministry of Communications & Information Technology, India Post
Wireless subscribers 11,693,548
Wireline subscribers 107,440
Internet subscribers (million) 6.09
Tele density (in %) 82.39
Telecom Infrastructure 1(As of September 2018) Performance of Bharat Net (As of December 2018)
GPs Connected 816
Optical Fiber Laid (Km) 1,683
Service Ready GPs 527
For updated information, please visit www.ibef.orgTRIPURA20
 The central government declares Agartala city, the capital of Tripura,
as a smart city of the 98 smart cities.
 As of July 2018, Tripura is implementing nine project under smart
cities Mission valued 196 crore (US$ 29.24 million).
 Under Atal Mission for Rejuvenation and Urban Transformation
(AMRUT), Rs 148.25 crore (US$ 23.00 million) has been allocated to
Tripura up to April 2018.
 As of August 2018, under Smart City Mission, six out of nine projects
have been completed or are under implementation in the state.
PHYSICAL INFRASTRUCTURE : URBAN
INFRASTRUCTURE
Allocation US$ million
Total allocation for projects (including
State share)
23.00
Committed Central Assistance 20.69
Sanctioned Central Assistance 20.69
Atal Mission for Rejuvenation and Urban Transformation up to
April 2018
Source: Lok Sabha
TRIPURA
SOCIAL
INFRASTRUCTURE
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SOCIAL INFRASTRUCTURE – EDUCATION
 Tripura has a central university called Tripura University, a National Institute of Technology (NIT) and a state institute of technology called Tripura
Institute of Technology (TIT).
 The Polytechnic Institute at TTAADC HQ, Khumulwng also commenced during 2016-17.
 The Indira Gandhi National Open University (IGNOU) and the Tripura Government have signed an agreement under which 11,884 elementary
level teachers will be given training under a two-year diploma programme in elementary education.
 Seventh Pay Commission has recommended free education for girls up to the graduation level.
Source: Tripura State Portal, Government of Tripura. Education (School) Department, Tripura.
Universities 4
Colleges 52
Enrolment 91,681
Teachers 2,450
Pupil Teacher Ratio 37
Educational infrastructure (2017-18)
Junior Basic 115
Senior Basic 87
High School 210
H. S. 360
Total 772
Schools having computer facility (2016-17)
Note: Updated data for Schools having compute facilities should be available in 2019 in the state's economic survey
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SOCIAL INFRASTRUCTURE – HEALTH
 Tripura is one of the priority states under National Rural Health
Mission (NRHM). The state government has been expanding and
strengthening homeopathic and Ayurvedic systems of medical
services, especially in rural areas.
 The state has an online booking system, Swasthya Sanchar,
wherein health services offered at government hospitals can be
booked in advance through the Internet.
 The state government, with financial help from the National Health
Mission, has launched mobile blood collection & transportation
services in 3 districts of Tripura with an aim to improve the standard
of healthcare services & develop the blood collection mechanism.
 As of December 27, 2018, the number of primary health centres in
Tripura stood at 129, sub-centres at 1,065, Community health
centres at 23, district hospitals at 10 and sub divisional hospitals at
12.
Primary health centres 129
Sub-centres 1,065
Community health centres 23
District hospitals 10
Sub-Divisional hospital 12
Health infrastructure (December 27, 2018)
Birth rate
1
13.7
Death rate
1
5.5
Infant mortality rate
2
24
Health indicators (2017)#
Source: Sample Registration System (SRS) Bulletin, Tripura State Portal, State Budget 2016-17, 2017-18
National Rural Health Mission (NRHM) Funds (in US$ million)
Year Allocated Released Expenditure
2012-13 24.6 12.8 21.9
2013-14 27.4 23.2 16.9
2014-15 26.83 20.42 21.59
2015-16 21.25 20.82 18.14
2016-17 21.69 18.47 21.06
2017-18* 23.02 10.69 7.11
Note: 1Per thousand persons, 2Per thousand live births, 2017-18* - up to December 27th, 2018 ,# Update for Health indicator should be available by end of 2018
TRIPURA
INDUSTRIAL
INFRASTRUCTURE
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INDUSTRIAL INFRASTRUCTURE
Name Nodal
Agency
Land Status Facilities being created
Rubber Park
(Completed)
TIDC Ltd. 58.819 Acres Completed
Internal & External Road Network, Developed Plots & Shed,
Power, Water and Gas Supply, Common Effluent
Treatment Plant, Telecom, Boundary wall, Testing lab,
sewage and drainage, Security Guard etc.
Food Park
(Implemented)
TIDC Ltd.
30 Acres implemented
1500 MT cold storage, ware house, Quality control
laboratory, sorting, grading & packaging unit, bottle
manufacturing unit, Test house.
Export Promotion
Park
(Implemented)
TIDC Ltd.
126.12 Acres. Implemented
Administrative Block, Internal & External Road Network,
Developed Plot & Shed, Power, Gas & Water Supply,
Telecom, Boundary wall, sewage and drainage, Security
Guard etc
Bamboo Park
(Implemented)
TIDC Ltd.
135 Acres Implemented Black Top Road, Common Facility Centre, Sub-Station etc.
Industrial parks being developed at Bodhjungnagar
Source: Tripura Industrial Development Corporation Limited
TRIPURA
KEY SECTORS
 Agriculture and Forest based industries
 Rubber
 Natural gas
 Tourism
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KEY SECTOR – AGRICULTURE AND FOREST BASED
INDUSTRIES…(1/2)
 The state had around 55 food processing units and one operational
mega food park, which is located at Bodhjungnagar, West Tripura.
 The agro-climatic conditions in the state are favourable for growing
various fruits and horticultural crops. Tripura’s pineapples and
oranges are known for their unique flavour and organic nature.
 Major spices include ginger, turmeric, chilli, black pepper, cinnamon
and tezpatta.
 As per the 1st advance estimate of 2017-18, total fruit production in
the state is 594.70 thousand MT, total vegetables production is
80237 thousand MT, total plantation production is 33.68 thousand
MT, total spices production is 18.13 thousand MT.
Source: Tripura State Portal, Department of Industries & Commerce, Ministry of Agriculture
Note: MT-Metric Tonnes,2017-18* (1st Adv. Est.)
Crop Production (‘000 MT)
Fruits 594.70
Vegetables 802.37
Spices 18.13
Plantation crops 33.68
Horticulture crops 1448.88
Production of horticulture crops (2017-18)*
Production Clusters
Category Districts
Maize Dhalai and South Tripura
Potato Dhalai and South Tripura
Raddish Sepahijala and South Tripura
Milk West Tripura, Sepahijala,Gomoti
Pulses Dhalai and South Tripura
Pineapple
Dhalai and North Tripura, Gomti, South Tripura,
Sipahijala
Banana Dhalai and West Tripura
Cabbage Sepahijala and South Tripura
For updated information, please visit www.ibef.orgTRIPURA28
KEY SECTOR – AGRICULTURE AND FOREST BASED
INDUSTRIES…(2/2)
 Bamboo is one of the major and important natural resources of
Tripura. The state sustains tropical moist deciduous forests with
patches of forests of evergreen species and a substantial area under
bamboo brakes.
 The climate ranges from moist to humid and annual rainfall varies
between 2,250-2,500 mm. At least 19 species of bamboos are
commonly found in the State
 Department of Agriculture & Cooperation (DAC), Ministry of
Agriculture implemented National Agroforestry & Bamboo Mission
(NABM scheme under Mission for Integrated Development of
Horticulture (MIDH) with the objective to utilize the potential of
bamboo crop and increase the area of cultivation.
 Government has sanctioned Rs 1,290 crore (US$ 199.26 million) in
the State Budget 2018-19 to support bamboo sector for efficient
progression of “National Bamboo Mission “.
Source: Ministry of Agriculture
Note:*Fund is being released only for maintenance of plantation carried out during 2015-16
Parameter Statistics
Bamboo Bearing Area (sq km) 3,617
Pure Bamboo Area (sq km) 19
Dense Bamboo Area (sq km) 545
Scattered Bamboo Area (sq km) 3,018
Green Culms (million) 604
Dry Culms 115
Bamboo Resources in Tripura (ISFR 2017)
Funds allocated under National Agroforestry & Bamboo
Mission
0.12
0.18
0.33
0.19
0.03
0.01
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
2012-13
2013-14
2014-15
2015-16
2016-17*
2017-18*
For updated information, please visit www.ibef.orgTRIPURA29
KEY SECTOR – NATURAL RUBBER
 Tripura is the fourth largest producer of natural rubber in India, it
produces more than 20,000 tonnes of natural rubber belonging to all
grades of RSS (Ribbed Smoked Sheet) and Centrifuged Late
 Keeping in view the area under plantation, growth potential and
rubber production trends, the state has a vast potential for setting up
of rubber-based industries.
 The Government of Tripura is developing Tripura Industrial Rubber
Park in Bodhungnagar for the growth of rubber-based industries in
Tripura, located on a 58.81 Acres Plot developed by Tripura
Industrial Development Corporation (TIDC) and the Rubber Board
under the Ministry of Commerce & Industry, promoted under the
ASIDE Scheme.
 As of August 2018, Tripura has 775 listed dealers in rubber industry.
Source: Tripura State Portal, Department of Industries & Commerce (Government of Tripura), News articles, Rubber Board India, MT: Metric tonnes
Nodal Agency TIDC Ltd.
Land 58.819Acres
Status Completed
Facilities being created
Internal & External Road Network, Developed
Plots & Shed, Power, Water and Gas Supply,
Common Effluent Treatment Plant, Telecom,
Boundary wall, Testing lab, sewage and drainage,
Security Guard etc.
Information about Rubber Park
For updated information, please visit www.ibef.orgTRIPURA30
KEY SECTOR – NATURAL GAS
 Tripura has vast natural gas reserves. The gas is available in a non-
associate form, with high methane content of about 97.0per cent.
Concessional gas-pricing & vast reserves offer potential for setting
up industries in the sector.
 Natural gas is available in the Baramura hills & Rokhia. Natural gas-
based thermal plants have been set up in both places. Natural gas is
presently used mainly for generating power & to some extent in
domestic, industrial, commercial and transport sectors. Emphasis
would be given for setting up industries (e.g., ammonia, urea,
methanol & methanol-based petrochemical industries), where gas
would be utilised as feedstock.
 The availability of superior quality natural gas, at concessional price,
offers a great opportunity to prospective investors, to set up gas-
based industrial units, using natural gas as feedstock, like urea,
methanol, PVC & other projects. Besides this, natural gas can also
be utilised as a cheaper source of energy for various energy-
intensive industrial projects.
Source: Department of Industries & Commerce (Government of Tripura), News Articles
Natural gas production in Tripura (mcm)
643.90
646.74
822.24
1,140.04
1,332.00
1,429.00
1,439.00
0
200
400
600
800
1000
1200
1400
1600
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
Note: MMSCMD: Million Metric Standard Cubic Metres Per Day, BCM: Billion Cubic, Metres, 2017-18* - April 2017 – March 2018
For updated information, please visit www.ibef.orgTRIPURA31
KEY SECTOR – TOURISM
Source: Ministry of Tourism, Government of India
 Tripura is an attractive tourist destination with a rich cultural heritage. There are number of historical Hindu, Buddhist sites. There is also great
potential for development of tourist circuits, involving all the north-eastern states and Bangladesh. This offers attractive opportunities for the
Hospitality Industry.
 The state has a huge potential in tourism, specially eco-tourism, religious tourism, heritage tourism, hill tourism, rural tourism, archaeological tourism
and water tourism. Over the years, there has been a gradual increase in the number of foreign tourists visiting the state. In 2017, the number of
foreign tourist arrivals in the state were recorded to be 69,899.
 Government has sanctioned Rs 2,150 crore (US$ 332.10 million) in the State Budget 2018-19 to the Ministry of Tourism
Number of domestic tourists visits (‘000)
324.27
359.52
361.79
359.59
361.25
363.18
370.62
398.67
0
50
100
150
200
250
300
350
400
450
2010
2011
2012
2013
2014
2015
2016
2017P
Number of foreign tourists visits (‘000)
5.21 6.05 7.84
11.85
26.69
34.89
36.78
69.90
0
10
20
30
40
50
60
70
80
2010
2011
2012
2013
2014
2015
2016
2017P
Note: P-Provisional
TRIPURA
KEY PROCEDURES
& POLICIES
For updated information, please visit www.ibef.orgTRIPURA33
KEY APPROVALS REQUIRED
Approvals and clearances required Department
Incorporation of the company Registrar of Companies
Allotment of land/shed
A committee headed by General Manager – Tripura Industrial Development
Corporation Limited (TIDC) would allot land/shed for the North Tripura, South
Tripura and Dhalai districts. The Deputy Director of Industries would allot land/shed
for the West Tripura district
Power Tripura State Electricity Corporation Limited (TSECL)
Pollution clearance Tripura State Pollution Control Board and Chief Inspector of Factories and Boilers
For updated information, please visit www.ibef.orgTRIPURA34
KEY INVESTMENT PROMOTION OFFICES
Agency Description
Tripura Industrial Development
Corporation Ltd (TIDC)
 Incorporated in 1974, TIDC performs the twin role of state industrial development and state financial
corporation. The corporation acts as a catalyst in the promotion and development of industries and
provides financial assistance and infrastructure facilities.
Tripura Tea Development
Corporation
(TTDC)
 TTDC was set up in 1980 for the development of the tea industry in the state. It is the nodal agency for
growth of small farmers for tea plantation in the state.
Tripura Forest Development and
Plantation Corporation Limited
(TFDPC)
 Established in 1976, TFDPC is a public sector undertaking by the state government.
 It aims to develop forests through plantations and improve the conditions of the economically weaker
sections, especially the tribal population dependent on forests for living.
Tripura Tribal Areas Autonomous
District Council (TTADC)
 TTADC was established in 1982 as an autonomous institution.
 It aims to introduce internal autonomy and protect the social, economic and cultural interests of the tribal
population as a whole.
The Medicinal Plant Board of Tripura
(MPBT)
 MPBT was formed in 2001 to promote, conserve, cultivate, harvest, process and market medicinal
plants in the state.
 It provides assistance in cultivation, storage, transportation, and training, among others.
For updated information, please visit www.ibef.orgTRIPURA35
CONTACT LIST
Agency Description
Tripura Industrial Development
Corporation Limited (TIDC)
Shilpa Nigam Bhawan, Near Ginger Hotel,
Khejur Bagan, P.O:- Kunjaban- 799006
Phone: 91-381-222-6617/222-6373
Tripura Tea Development
Corporation Limited
(TTDC)
New J.B. School
P.O. Abhoynagar
Agartala - 799005
Phone: 91-381-2224 128/222 3173
Tripura Forest Development and
Plantation Corporation Limited
(TFDPC)
Abhoynagar
Agartala - 799005
Phone: 91-381-2354 763
The Medicinal Plant Board of Tripura
(MPBT)
Van Gaveshana Sadan
Gandhi gram
Agartala - 799012
Phone: 91-381-2397 325
For updated information, please visit www.ibef.orgTRIPURA36
COST OF DOING BUSINESS IN TRIPURA
Cost parameter Cost estimate Source
Hotel costs – government
accomodation
US$ 33 to US$ 128 Tripura Tourism Development Corporation
Residential space (per month rent for
2,000 sq ft house)
US$ 135 to US$ 410 Industry sources
Power cost (per kwh)
Domestic: US 5.5 -11.69 cents
Commercial: US 8.8 - 12.24 cents
Industrial: US 9.67 - 12.02 cents
Tariff schedule of Tripura State Electricity
Corporation Ltd for 2014-15
Labour cost – shops (minimum wages
per day)
US$ 2.2 -2.7
Ministry of Labour and Employment,
Government of India
For updated information, please visit www.ibef.orgTRIPURA37
STATE ACTS & POLICIES … (1/2)
Tripura Industrial
Investment Promotion
Incentives Scheme, 2012
 To make Tripura a preferred destination for industrial and trade activities.
 To promote economic development and improve living standards.
 To promote industrialisation in the states in the North Eastern Region
 To improve productivity in government departments through computerisation.
North East Industrial
Development Scheme
2017
Objectives
 To promote sustainable use and management of natural forests and wildlife resources.
 To create employment opportunities and generate revenues for the state.
Eco Tourism Policy 2004
Tripura State Bamboo
Policy
 To realise the economic, social and environmental potential of Tripura’s bamboo resource, develop it into one of
the major economic sectors of the state, and provide employment and income generating activities for the tribals
and rural poor.
IT/ITeS Policy and
Roadmap - 2017
 Digital transformation of government services.
 Development of digital infrastructure.
 Capacity building, training and skill development
 Positioning Tripura as an attractive location for investments in IT/ITeS segment.
Read more
Read more
Read more
Read more
Read more
For updated information, please visit www.ibef.orgTRIPURA38
STATE ACTS & POLICIES … (2/2)
Objectives
 To develop the medicinal plant sector such that the state becomes a leading cultivator of medicinal plants that
occur under climatic and natural factors of the state.
Tripura Medicinal Plant
Policy
 To attract investments in the state’s IT sector in order to facilitate growth in the sector
 To create employment opportunities in the IT sector
IT Policy of Tripura, 2000
Read more
Read more
 To make outdoor advertisement as one of the major revenue resource by tapping the hidden potential.
 To guide outdoor advertisements in the state of Tripura.
Outdoor Advertising
Policy Read more
For updated information, please visit www.ibef.orgTRIPURA39
INCENTIVES
Agency Description
IT industry
 Partial reimbursement at 20per cent of floor space rentals, actually paid by IT enterprises.
 Reimbursements subject to a maximum limit of US$ 0.05 million per annum.
Government tenders
 85per cent exempted from the payment of earnest money and security deposits on tenders floated by the state
government department/agencies.
 Procurement preference at 15per cent on purchases in tendering process by the state government
department/agencies subject to at least 30per cent value addition within the state.
Capital investment
subsidy to SC, ST
and women
 Capital investment subsidy of 30per cent & additional subsidy of 2.5per cent for ST, SC, and women on fixed capital
investment for land and civil works with a maximum limit of US$ 0.08 per unit.
Incentives declared
by central
government
 Exemption of excise duty on finished products.
 Central transport subsidy.
 Income tax benefit.
 Capital investment subsidy.
 Interest subsidy on working capital loans.
 Comprehensive insurance scheme for insurance coverage; subsidies to service, biotechnology and power generating
industries.
Other benefits
 On transportation of fruits and fruit product meant for export, a subsidy of 90per cent on air freight from Agartala to
Guwahati/Kolkata.
 Tripura Industrial Development Agency (TIDA), as single window for providing necessary clearances and other
assistance to entrepreneurs.
 Prompt and regular clearance of incentives and subsidy claims.
TRIPURA
ANNEXURE
For updated information, please visit www.ibef.orgTRIPURA41
ANNEXURE…(1/2) - SOURCES
Data Sources
GSDP (state) Planning and Implementation Department, Government of Tripura
Per capita GSDP figures Planning and Implementation Department, Government of Tripura, MOSPI
GSDP (India) Central Statistics Office
Installed power capacity (MW) Central Electricity Authority
Wireless subscribers (No) Telecom Regulatory Authority of India
Internet subscribers (Mn) Telecom Regulatory Authority of India
National highway length (km) NHAI, Roads and Building Department-Government of India
Airports (No) Airports Authority of India
Literacy rate (%) Census 2011
Birth rate (per 1,000 population) SRS Bulletin September 2017
Cumulative FDI equity inflows (US$ billion) Department of Industrial Policy & Promotion
Operational PPP projects (No) DEA , Ministry of Finance, Government of India
For updated information, please visit www.ibef.orgTRIPURA42
ANNEXURE…(2/2) - EXCHANGE RATES
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Year INR INR Equivalent of one US$
2004–05 44.95
2005–06 44.28
2006–07 45.29
2007–08 40.24
2008–09 45.91
2009–10 47.42
2010–11 45.58
2011–12 47.95
2012–13 54.45
2013–14 60.50
2014-15 61.15
2015-16 65.46
2016-17 67.09
2017-18 64.45
Q1 2018-19 67.04
Q2 2018-19 70.18
Year INR Equivalent of one US$
2005 44.11
2006 45.33
2007 41.29
2008 43.42
2009 48.35
2010 45.74
2011 46.67
2012 53.49
2013 58.63
2014 61.03
2015 64.15
2016 67.21
2017 65.12
Source: Reserve Bank of India, Average for the year
For updated information, please visit www.ibef.orgTRIPURA43
DISCLAIMER
India Brand Equity Foundation (IBEF) engaged Aranca to prepare this presentation and the same has been prepared by Aranca in consultation with
IBEF.
All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The same may not be reproduced,
wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or
incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of
IBEF.
This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the
information is accurate to the best of Aranca and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a
substitute for professional advice.
Aranca and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do
they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation.
Neither Aranca nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any
reliance placed or guidance taken from any portion of this presentation.

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Tripura State Report - December 2018

  • 1. For updated information, please visit www.ibef.org December 2018 TRIPURA THE LAND OF PERMANENT SPRING UJJAYANTA PALACE IN AGARTALA, TRIPURA
  • 2. Table of Content Executive Summary .…………….…….…....3 Introduction ……..………………………...….4 Economic Snapshot ……………….….…….9 Physical Infrastructure ………..……...........15 Social Infrastructure ...................................21 Industrial Infrastructure ……...……….........24 Key Sectors ………….………………..……..26 Key Procedures & Policies…………………..32 Annexure.………….……..…..........................40
  • 3. For updated information, please visit www.ibef.orgTRIPURA3 EXECUTIVE SUMMARY  Tripura is endowed with rich and diverse bamboo resources. It is home to 21 species of bamboo. The state has an area of 7,195 hectares for the production of bamboo. Largest bamboo producing hub in India Source: Ministry of Agriculture, Tripura State Portal  Tripura holds a strong tea plantation base, with 58 tea gardens covering an area of over 6,400 hectares as of 2014-15. Due to large availability of land along with appropriate climatic conditions gradual boost to the tea production in the state has been witnessed. In 2017-18, tea production in the state stood at 8.72 million kg. Fifth largest tea producing state  Tripura is the 2nd largest natural rubber producer in the country, after Kerala. As of 2016-17, production of rubber in the state stood at 56,380 tonnes as compared to 44,245 tonnes in 2015-16. Strong natural rubber production base  A unique harmonious blend of 3 traditions (tribal, Bengali & Manipuri weaving) can be seen in Tripura’s handicrafts. The state is known for its unique cane & bamboo handicrafts. Unique cultural mix in handicraft art  Tripura has about 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs,165 climbers, 16 climbing shrubs, 35 ferns & 45 epiphytes. The pertinent tropical climatic conditions in the state supports the flourishing growth of various types of the medicinal plant & other forest resources scattered all over the state. Treasure of natural medicine  The state has favourable climatic conditions for cultivation of various fruit and horticultural crops. The state’s pineapples and oranges are known for their unique flavours and organic nature. It has set up a modern food park near Agartala to boost growth in the food processing sector & an agri-export zone for pineapples. The state also has potential in the meat-processing sector. Food processing hub in Northeast
  • 5. For updated information, please visit www.ibef.orgTRIPURA5 TRIPURA FACT FILE Source: Government of Tripura website, Census 2011; *As of 08.09.2014  Tripura is bounded on the north, west, south and southeast by Bangladesh; whereas in the east, the state has a common boundary with Assam and Mizoram.  Bengali and Kokborok/Tripuri are the official languages of the state. The medium of instruction in schools is either Bengali or English.  Tripura has eight administrative districts: Dhalai, Gomati, Khowai, North Tripura, Sepahijala, South Tripura, Unnakoti and West Tripura. Agartala is the capital of Tripura and the state’s largest city. Key towns in the state are Kailashahar, Udaipur, Khumulwng, Kamalpur, Ambassa, Khowai and Sabroom. Parameters Tripura Capital Agartala Geographical area (lakh sq. km) 10,491 Administrative districts (No) 8 Population density (persons per sq. km) 350 Total population (million) 3.7 Male population (million) 1.9 Female population (million) 1.8 Sex ratio (females per 1,000 males) 947 Literacy rate (per cent) 96.8*  Main rivers flowing through Tripura are Gomati, Manu, Khowai, Feni, Doloi, Muhuri and Haora.  The prominent hill ranges of the state are Jampui, Sakhantang, Longtharai, Atharamura, Baramura, Deotamura, Belkum and Kalajhari. Source: Wikimedia Commons
  • 6. For updated information, please visit www.ibef.orgTRIPURA6 ADVANTAGE: TRIPURA Untapped resources and medical plants  Tripura has several potential, but unexplored sectors such as organic spices, bio-fuels & eco-tourism.  The state has a wide variety of medical plants. It has 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs & 165 climbers. Policy and infrastructure support  Tripura has a wide range of fiscal & policy incentives for businesses under the Tripura Industrial Investment Promotion Incentive Scheme, 2012.  Developing infrastructure, improved rail & air connectivity & establishment of trade routes have facilitated trade.  In June 2017, the state government announced an average 19.68per cent pay hike for its pensioners and employees Availability of skilled workforce  Tripura has a large base of skilled labour, making it an ideal destination for knowledge sectors. At 87.8per cent, its literacy rate is higher than the national average rate.  The state has institutes such as National Institute of Technology (NIT) & Tripura Institute of Technology (TIT), which provide skilled manpower to various industries. Advantage Tripura Tourism hub in North East  With its pleasant climate and scenic landscape, Tripura is a favoured tourist destination.  Its blessed with scenic beauty, ancient places, temples, breathing taking verdant hills & bio-diversity treasure trove of wildlife sanctuaries
  • 7. For updated information, please visit www.ibef.orgTRIPURA7 TRIPURA IN FIGURES Parameter Tripura India GSDP as a percentage of all states’ GSDP 0.28 100.0 GSDP growth rate (%) 16.46 10.00 Per capita GSDP (US$) 1,800.74 1,977.60 Tripura’s Contribution to Indian Economy (2017-18) Parameter Tripura India Installed power capacity (MW) (November 2018)* 733.44 346,619.37 Wireless subscribers (as of September 2018) 11,693,548 1,169,291,183 Internet subscribers (Mn) (as of September 2018) 6.09 560.01 National highway length (km) (up to February 2018) 854 122,432 Airports (No) 1 125 Physical Infrastructure in Tripura Parameter Tripura India Literacy rate (%) 95.16 74.04 Birth rate (per 1,000 population) 13.7 20.4 Social Indicators Parameter Tripura India Cumulative FDI equity inflows since April 2000 (US$ billion) 0.11 1 389.72 Investments (as of June 2018) Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2015-16 i.e. 65.46, For source refer to Annexure , * FY 2018-19,2016-17 GSDP and GSDP per capita figures are not available., This includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura..
  • 8. For updated information, please visit www.ibef.orgTRIPURA8 NORTH EAST REGION VISION 2020 Source: NER Vision 2020 Vision 2020 Agriculture Quality of life of people Growth rate in GSDP Tourism Governance Promoting investments Infrastructure  Encouraging the cultivation of HYV crops through better use of organic manure, fertilisers and pesticides.  Preventing soil erosion by controlling floods.  Promoting cultivation of horticulture crops.  Government had targeted to grow GSDP by 9.5per cent and per capita GSDP by 7.3per cent over 2007-20.  Improving standard of living of people in the region to meet the national standard by 2020.  Creating centres of excellence, state-of-art hospitals and educational institutions.  Focussing and developing services that would promote tourism and create employment opportunities.  Improving the security scenario for safety of tourists.  Better governance and ensuring peace and harmony by maximising self-governance and increased people participation.  Encouraging public investment in infrastructure to attract private investment.  Creating a centre for trade and commerce by improving relations with neighbouring countries.  Facilitating easy movement of goods and people by investing in road, rail, inland water and air transportation.  Generating more power for supply to neighbours. Industry  Developing agro-processing and sericulture industries.  Increasing investment in manufacturing units depending upon the availability of resources in the region. Note: HYV- High Yielding Variety
  • 10. For updated information, please visit www.ibef.orgTRIPURA10 ECONOMIC SNAPSHOT – GSDP GSDP of Tripura at current prices  At current prices, Tripura’s Gross State Domestic Product (GSDP)* stood at around about Rs 461.33 billion (US$ 7.16 billion)  GSDP increased at a Compound Annual Growth Rate (CAGR) of 15.72 per cent between 2011-12 and 2017-18. Source: Directorate of Economics and Statistics of Tripura 4.01 3.98 4.23 4.83 5.49 5.90 7.16 192.08 216.63 255.93 295.33 359.38 396.12 461.33 0 50 100 150 200 250 300 350 400 450 500 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17* 2017-18** US$ billion Rs billion CAGR (in Rs) 15.72 % GSDP per capita of Tripura at current prices 1,082.68 1,062.65 1,116.45 1,259.36 1,414.59 1,503.52 1,800.74 51,914.62 57,861.11 67,545.08 77,010.00 92,599.00 100,871.00 116,058.00 0 20000 40000 60000 80000 100000 120000 140000 - 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17* 2017-18** US$ Rs CAGR (in Rs) 14.35%  The state’s per capita GSDP was Rs 116,058 (US$ 1,800.74) in 2017-18 compared with Rs 51,915 (US$ 1,082.68) during 2011-12.  Per capita GSDP increased at a CAGR of 14.35 per cent between 2011-12 and 2017-18. Note: * 1st Revision, **Provisional
  • 11. For updated information, please visit www.ibef.orgTRIPURA11 ECONOMIC SNAPSHOT – NSDP NSDP of Tripura at current prices 3.63 3.61 3.86 4.36 4.96 5.34 6.48 174.19 196.31 233.29 266.43 324.76 358.40 417.55 0 50 100 150 200 250 300 350 400 450 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17* 2017-18** US$ billion Rs billion CAGR (in Rs) 15.69%  Tripura’s Net State Domestic Product (NSDP) was about Rs 417.55 billion (US$ 6.48 billion) during 2017-18.  NSDP increased at a CAGR of 15.69 per cent between 2011- 12 and 2017-18.  Tripura’s per capita NSDP was Rs 105,044 (US$ 1,629.85) in 2017-18 compared with Rs 47,079 (US$ 981.84) during 2011- 12.  Per capita NSDP increased at an average rate of 14.31 per cent between 2011-12 and 2017-18. NSDP per capita of Tripura at current prices 981.84 962.98 1,017.69 1,136.12 1,278.34 1,360.35 1,629.85 47,079.00 52,434.00 61,570.00 69,474.00 83,680.00 91,266.00 105,044.00 0 20000 40000 60000 80000 100000 120000 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17* 2017-18** US$ Rs CAGR (in Rs) 14.31% Source: Directorate of Economics and Statistics of Tripura Note: * 1st Revision, **Provisional
  • 12. For updated information, please visit www.ibef.orgTRIPURA12 ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSVA  Over the years, there has been a shift in the sectoral contribution from primary and secondary to the tertiary sector. The overall performance of the economy of the state during the 2017-18 was encouraging.  During 2017-18, the tertiary sector contributed 39.72 per cent to the state’s GSVA, followed by primary (46.79 per cent) & secondary (13.49 per cent) sectors.  The tertiary sector grew at a CAGR of 78.40 per cent between 2011- 12 & 2017-18. The increase was driven by growth in trade, hotels, real estate, finance, insurance, transport, communications & other services sub-sectors.  The primary sector rose at a CAGR of 228.94 per cent between 2011-12 and 2017-18.  The secondary sector registered a CAGR of 124.97 per cent between 2011-12 & 2017-18. This was driven by growth in manufacturing, construction & electricity, gas & water supply sub- sectors. GSVA composition by sector 33.48% 46.79%14.11% 13.49% 52.40% 39.72% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2011-12 2017-18* Primary Sector Secondary Sector Tertiary Sector 228.94% 78.40% 124.97% CAGR Source: Directorate of Economics and Statistics of Tripura Note: *Provisional
  • 13. For updated information, please visit www.ibef.orgTRIPURA13 ECONOMIC SNAPSHOT – FDI INFLOWS & INVESTMENTS  According to the Department of Industrial Policy & Promotion (DIPP), FDI inflows1 to the Northeast states reached US$ 110 million from April 2000 to June 2018. FDI inflows in Tripura^ in April 2000-June 2018 (US$ million) Source: DIPP Note: ^ FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, *As of June 2018 1 5 1 5 10 2 13 2 72 110 50 60 70 80 90 100 110 120 FY01-11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19* FY01-19*
  • 14. For updated information, please visit www.ibef.orgTRIPURA14 ECONOMIC SNAPSHOT – EXPORT  Total merchandise exports from the state stood at US$ 2.36 million during 2017-18. During 2018-19*,the exports stood at US$ 0.96 million.  Major items exported from the state of Tripura are Iron & Steel and RMG Cotton INCL,Accessories, etc. Source: Directorate General of Commercial Intelligence and Statistics, Ministry of Commerce and Industry Export Trend (US$ million) 5.92 1.26 1.42 2.36 0.96 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 FY15 FY16 FY17 FY18 FY19* Composition of Major Item Exported from Tripura (2017-18) 30% 21% 14% 11% 7% 5% Iron & Steel RMG Cotton INCL Accessories Fresh Vegetables Tea Marine Products Coal, Coke and Briquittes ETC Note: * - Up to September 2018
  • 16. For updated information, please visit www.ibef.orgTRIPURA16 PHYSICAL INFRASTRUCTURE – ROADS Source: Ministry of Road Transport & Highways, PMGSY  The Tripura Road Transport Corporation (TRTC) provides state road transport services. TRTC operates 39 buses & 20 trucks on 32 routes.  Road density per thousand sq km is 3,026.23 in Tripura, while road density per thousand population is 9.3 in the state.  In June 2018, The President of India inaugurated the National Highway from Matabari to Sabroom in Udaipur.  In March 2018, Union Road Minister has vouched to grant a total of Rs 12,000 crore (US$ 1.85 billion) to construct six national highways in the state.  Under the Bharatmala project, 500 km of roads are being constructed in the state.  As of June 2018, six road project works have been completed in the state under PMGSY. Road type Road length (km) National highways 854 State highways 532 Major district roads 90 Other district roads 1,195 Village roads 9,674 Road infrastructure –2016-17 Habitants benefitted (No.) 28 Length completed (km)** 21.17 Pradhan Mantri Gram Sadak Yojana (PMGSY ) 2017-18 (up to February 2018) Year Road works (No) 2014-15 83 2015-16 95 2016-17 32 2017-18 45 2018-19* 6 Road work completion under PMGSY Note: *As of June 2018, Updated data is expected in 2019, ** up to November 2018
  • 17. For updated information, please visit www.ibef.orgTRIPURA17 PHYSICAL INFRASTRUCTURE – RAILWAYS & AIRPORTS  Tripura has entered the broad gauge railway map of the country. The total length of Rail line within the state is 202.76 km including the recently extended line upto Udaipur railway station, Gomati District.  Apart from passenger trains, goods trains ply upto Agartala and Udaipur. Some local trains also run in between Udaipur and Dharmanagar.  Agartala railway station at Badharghat is the main junction of the state.  Tripura has a domestic airport at Agartala, known as C.A. Agartala Airport, that is the 2nd busiest airport in north east India. The airport is administered by the Airports Authority of India & is located 12 km southeast of Agartala city. Source: Airport Authority of India 2015-16 2016-17 2017-18 Apr-Sep 2018 Aircraft movement (nos.) 7,158 8,899 9,058 6,894 Total passenger traffic 921,591 1,183,567 1,244,716 989,799 Freight handled (M tonnes) 5,456 6,057 4,958 3,663
  • 18. For updated information, please visit www.ibef.orgTRIPURA18 PHYSICAL INFRASTRUCTURE – POWER  Tripura State Electricity Corporation Ltd. was incorporated in 2004 & is responsible for generation, transmission & distribution of power in the state.  As of November 2018, Tripura had a total installed power generation capacity of 733.44 MW, of which 185.51 MW was under state utilities, 547.84 MW was under central & 0.09 MW was under the private sector.  Of the total installed capacity, 643.85 MW was contributed by thermal power, 68.49 MW by hydropower & 21.10 MW by renewable resources as of November 2018.  As of May 2018, Tripura had won eight new projects worth Rs 74.12 crore (US$ 6.38 million) under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY). Source: Central Electricity Authority, DDUGJY Installed power capacity (MW) 243.40 244.10 265.00 265.00 412.10 433.10 627.05 676.50 727.33 727.33 733.44 0 100 200 300 400 500 600 700 800 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19* Note: *Up to November 2018 Area type Nos. Total villages 863 Electrified villages 863 Total rural households 796,000 Electrified rural households 582,000 Un-electrified rural households 215,000 Status of rural electrification in Tripura (as of October 2017)
  • 19. For updated information, please visit www.ibef.orgTRIPURA19 PHYSICAL INFRASTRUCTURE – TELECOM Note: (1)Combined figures for Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, GP – Gram Panchayat  According to the Telecom Regulatory Authority of India (TRAI), Northeast states had 11.69 million wireless subscribers and 107,440 wireline subscribers, as of September 2018. The number of internet subscribers in the states as of September 2018, stood at 6.09 million.  By the end of September 2018, 1.27 million subscribers had submitted requests for mobile number portability in the region. Moreover, the region had a tele-density of 82.39 per cent.  BSNL, the largest telecom service provider in the state and provides landline connections in Tripura. Source: Telecom Regulatory Authority of India; Department of Telecommunications- Ministry of Communications & Information Technology, India Post Wireless subscribers 11,693,548 Wireline subscribers 107,440 Internet subscribers (million) 6.09 Tele density (in %) 82.39 Telecom Infrastructure 1(As of September 2018) Performance of Bharat Net (As of December 2018) GPs Connected 816 Optical Fiber Laid (Km) 1,683 Service Ready GPs 527
  • 20. For updated information, please visit www.ibef.orgTRIPURA20  The central government declares Agartala city, the capital of Tripura, as a smart city of the 98 smart cities.  As of July 2018, Tripura is implementing nine project under smart cities Mission valued 196 crore (US$ 29.24 million).  Under Atal Mission for Rejuvenation and Urban Transformation (AMRUT), Rs 148.25 crore (US$ 23.00 million) has been allocated to Tripura up to April 2018.  As of August 2018, under Smart City Mission, six out of nine projects have been completed or are under implementation in the state. PHYSICAL INFRASTRUCTURE : URBAN INFRASTRUCTURE Allocation US$ million Total allocation for projects (including State share) 23.00 Committed Central Assistance 20.69 Sanctioned Central Assistance 20.69 Atal Mission for Rejuvenation and Urban Transformation up to April 2018 Source: Lok Sabha
  • 22. For updated information, please visit www.ibef.orgTRIPURA22 SOCIAL INFRASTRUCTURE – EDUCATION  Tripura has a central university called Tripura University, a National Institute of Technology (NIT) and a state institute of technology called Tripura Institute of Technology (TIT).  The Polytechnic Institute at TTAADC HQ, Khumulwng also commenced during 2016-17.  The Indira Gandhi National Open University (IGNOU) and the Tripura Government have signed an agreement under which 11,884 elementary level teachers will be given training under a two-year diploma programme in elementary education.  Seventh Pay Commission has recommended free education for girls up to the graduation level. Source: Tripura State Portal, Government of Tripura. Education (School) Department, Tripura. Universities 4 Colleges 52 Enrolment 91,681 Teachers 2,450 Pupil Teacher Ratio 37 Educational infrastructure (2017-18) Junior Basic 115 Senior Basic 87 High School 210 H. S. 360 Total 772 Schools having computer facility (2016-17) Note: Updated data for Schools having compute facilities should be available in 2019 in the state's economic survey
  • 23. For updated information, please visit www.ibef.orgTRIPURA23 SOCIAL INFRASTRUCTURE – HEALTH  Tripura is one of the priority states under National Rural Health Mission (NRHM). The state government has been expanding and strengthening homeopathic and Ayurvedic systems of medical services, especially in rural areas.  The state has an online booking system, Swasthya Sanchar, wherein health services offered at government hospitals can be booked in advance through the Internet.  The state government, with financial help from the National Health Mission, has launched mobile blood collection & transportation services in 3 districts of Tripura with an aim to improve the standard of healthcare services & develop the blood collection mechanism.  As of December 27, 2018, the number of primary health centres in Tripura stood at 129, sub-centres at 1,065, Community health centres at 23, district hospitals at 10 and sub divisional hospitals at 12. Primary health centres 129 Sub-centres 1,065 Community health centres 23 District hospitals 10 Sub-Divisional hospital 12 Health infrastructure (December 27, 2018) Birth rate 1 13.7 Death rate 1 5.5 Infant mortality rate 2 24 Health indicators (2017)# Source: Sample Registration System (SRS) Bulletin, Tripura State Portal, State Budget 2016-17, 2017-18 National Rural Health Mission (NRHM) Funds (in US$ million) Year Allocated Released Expenditure 2012-13 24.6 12.8 21.9 2013-14 27.4 23.2 16.9 2014-15 26.83 20.42 21.59 2015-16 21.25 20.82 18.14 2016-17 21.69 18.47 21.06 2017-18* 23.02 10.69 7.11 Note: 1Per thousand persons, 2Per thousand live births, 2017-18* - up to December 27th, 2018 ,# Update for Health indicator should be available by end of 2018
  • 25. For updated information, please visit www.ibef.orgTRIPURA25 INDUSTRIAL INFRASTRUCTURE Name Nodal Agency Land Status Facilities being created Rubber Park (Completed) TIDC Ltd. 58.819 Acres Completed Internal & External Road Network, Developed Plots & Shed, Power, Water and Gas Supply, Common Effluent Treatment Plant, Telecom, Boundary wall, Testing lab, sewage and drainage, Security Guard etc. Food Park (Implemented) TIDC Ltd. 30 Acres implemented 1500 MT cold storage, ware house, Quality control laboratory, sorting, grading & packaging unit, bottle manufacturing unit, Test house. Export Promotion Park (Implemented) TIDC Ltd. 126.12 Acres. Implemented Administrative Block, Internal & External Road Network, Developed Plot & Shed, Power, Gas & Water Supply, Telecom, Boundary wall, sewage and drainage, Security Guard etc Bamboo Park (Implemented) TIDC Ltd. 135 Acres Implemented Black Top Road, Common Facility Centre, Sub-Station etc. Industrial parks being developed at Bodhjungnagar Source: Tripura Industrial Development Corporation Limited
  • 26. TRIPURA KEY SECTORS  Agriculture and Forest based industries  Rubber  Natural gas  Tourism
  • 27. For updated information, please visit www.ibef.orgTRIPURA27 KEY SECTOR – AGRICULTURE AND FOREST BASED INDUSTRIES…(1/2)  The state had around 55 food processing units and one operational mega food park, which is located at Bodhjungnagar, West Tripura.  The agro-climatic conditions in the state are favourable for growing various fruits and horticultural crops. Tripura’s pineapples and oranges are known for their unique flavour and organic nature.  Major spices include ginger, turmeric, chilli, black pepper, cinnamon and tezpatta.  As per the 1st advance estimate of 2017-18, total fruit production in the state is 594.70 thousand MT, total vegetables production is 80237 thousand MT, total plantation production is 33.68 thousand MT, total spices production is 18.13 thousand MT. Source: Tripura State Portal, Department of Industries & Commerce, Ministry of Agriculture Note: MT-Metric Tonnes,2017-18* (1st Adv. Est.) Crop Production (‘000 MT) Fruits 594.70 Vegetables 802.37 Spices 18.13 Plantation crops 33.68 Horticulture crops 1448.88 Production of horticulture crops (2017-18)* Production Clusters Category Districts Maize Dhalai and South Tripura Potato Dhalai and South Tripura Raddish Sepahijala and South Tripura Milk West Tripura, Sepahijala,Gomoti Pulses Dhalai and South Tripura Pineapple Dhalai and North Tripura, Gomti, South Tripura, Sipahijala Banana Dhalai and West Tripura Cabbage Sepahijala and South Tripura
  • 28. For updated information, please visit www.ibef.orgTRIPURA28 KEY SECTOR – AGRICULTURE AND FOREST BASED INDUSTRIES…(2/2)  Bamboo is one of the major and important natural resources of Tripura. The state sustains tropical moist deciduous forests with patches of forests of evergreen species and a substantial area under bamboo brakes.  The climate ranges from moist to humid and annual rainfall varies between 2,250-2,500 mm. At least 19 species of bamboos are commonly found in the State  Department of Agriculture & Cooperation (DAC), Ministry of Agriculture implemented National Agroforestry & Bamboo Mission (NABM scheme under Mission for Integrated Development of Horticulture (MIDH) with the objective to utilize the potential of bamboo crop and increase the area of cultivation.  Government has sanctioned Rs 1,290 crore (US$ 199.26 million) in the State Budget 2018-19 to support bamboo sector for efficient progression of “National Bamboo Mission “. Source: Ministry of Agriculture Note:*Fund is being released only for maintenance of plantation carried out during 2015-16 Parameter Statistics Bamboo Bearing Area (sq km) 3,617 Pure Bamboo Area (sq km) 19 Dense Bamboo Area (sq km) 545 Scattered Bamboo Area (sq km) 3,018 Green Culms (million) 604 Dry Culms 115 Bamboo Resources in Tripura (ISFR 2017) Funds allocated under National Agroforestry & Bamboo Mission 0.12 0.18 0.33 0.19 0.03 0.01 0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 2012-13 2013-14 2014-15 2015-16 2016-17* 2017-18*
  • 29. For updated information, please visit www.ibef.orgTRIPURA29 KEY SECTOR – NATURAL RUBBER  Tripura is the fourth largest producer of natural rubber in India, it produces more than 20,000 tonnes of natural rubber belonging to all grades of RSS (Ribbed Smoked Sheet) and Centrifuged Late  Keeping in view the area under plantation, growth potential and rubber production trends, the state has a vast potential for setting up of rubber-based industries.  The Government of Tripura is developing Tripura Industrial Rubber Park in Bodhungnagar for the growth of rubber-based industries in Tripura, located on a 58.81 Acres Plot developed by Tripura Industrial Development Corporation (TIDC) and the Rubber Board under the Ministry of Commerce & Industry, promoted under the ASIDE Scheme.  As of August 2018, Tripura has 775 listed dealers in rubber industry. Source: Tripura State Portal, Department of Industries & Commerce (Government of Tripura), News articles, Rubber Board India, MT: Metric tonnes Nodal Agency TIDC Ltd. Land 58.819Acres Status Completed Facilities being created Internal & External Road Network, Developed Plots & Shed, Power, Water and Gas Supply, Common Effluent Treatment Plant, Telecom, Boundary wall, Testing lab, sewage and drainage, Security Guard etc. Information about Rubber Park
  • 30. For updated information, please visit www.ibef.orgTRIPURA30 KEY SECTOR – NATURAL GAS  Tripura has vast natural gas reserves. The gas is available in a non- associate form, with high methane content of about 97.0per cent. Concessional gas-pricing & vast reserves offer potential for setting up industries in the sector.  Natural gas is available in the Baramura hills & Rokhia. Natural gas- based thermal plants have been set up in both places. Natural gas is presently used mainly for generating power & to some extent in domestic, industrial, commercial and transport sectors. Emphasis would be given for setting up industries (e.g., ammonia, urea, methanol & methanol-based petrochemical industries), where gas would be utilised as feedstock.  The availability of superior quality natural gas, at concessional price, offers a great opportunity to prospective investors, to set up gas- based industrial units, using natural gas as feedstock, like urea, methanol, PVC & other projects. Besides this, natural gas can also be utilised as a cheaper source of energy for various energy- intensive industrial projects. Source: Department of Industries & Commerce (Government of Tripura), News Articles Natural gas production in Tripura (mcm) 643.90 646.74 822.24 1,140.04 1,332.00 1,429.00 1,439.00 0 200 400 600 800 1000 1200 1400 1600 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18* Note: MMSCMD: Million Metric Standard Cubic Metres Per Day, BCM: Billion Cubic, Metres, 2017-18* - April 2017 – March 2018
  • 31. For updated information, please visit www.ibef.orgTRIPURA31 KEY SECTOR – TOURISM Source: Ministry of Tourism, Government of India  Tripura is an attractive tourist destination with a rich cultural heritage. There are number of historical Hindu, Buddhist sites. There is also great potential for development of tourist circuits, involving all the north-eastern states and Bangladesh. This offers attractive opportunities for the Hospitality Industry.  The state has a huge potential in tourism, specially eco-tourism, religious tourism, heritage tourism, hill tourism, rural tourism, archaeological tourism and water tourism. Over the years, there has been a gradual increase in the number of foreign tourists visiting the state. In 2017, the number of foreign tourist arrivals in the state were recorded to be 69,899.  Government has sanctioned Rs 2,150 crore (US$ 332.10 million) in the State Budget 2018-19 to the Ministry of Tourism Number of domestic tourists visits (‘000) 324.27 359.52 361.79 359.59 361.25 363.18 370.62 398.67 0 50 100 150 200 250 300 350 400 450 2010 2011 2012 2013 2014 2015 2016 2017P Number of foreign tourists visits (‘000) 5.21 6.05 7.84 11.85 26.69 34.89 36.78 69.90 0 10 20 30 40 50 60 70 80 2010 2011 2012 2013 2014 2015 2016 2017P Note: P-Provisional
  • 33. For updated information, please visit www.ibef.orgTRIPURA33 KEY APPROVALS REQUIRED Approvals and clearances required Department Incorporation of the company Registrar of Companies Allotment of land/shed A committee headed by General Manager – Tripura Industrial Development Corporation Limited (TIDC) would allot land/shed for the North Tripura, South Tripura and Dhalai districts. The Deputy Director of Industries would allot land/shed for the West Tripura district Power Tripura State Electricity Corporation Limited (TSECL) Pollution clearance Tripura State Pollution Control Board and Chief Inspector of Factories and Boilers
  • 34. For updated information, please visit www.ibef.orgTRIPURA34 KEY INVESTMENT PROMOTION OFFICES Agency Description Tripura Industrial Development Corporation Ltd (TIDC)  Incorporated in 1974, TIDC performs the twin role of state industrial development and state financial corporation. The corporation acts as a catalyst in the promotion and development of industries and provides financial assistance and infrastructure facilities. Tripura Tea Development Corporation (TTDC)  TTDC was set up in 1980 for the development of the tea industry in the state. It is the nodal agency for growth of small farmers for tea plantation in the state. Tripura Forest Development and Plantation Corporation Limited (TFDPC)  Established in 1976, TFDPC is a public sector undertaking by the state government.  It aims to develop forests through plantations and improve the conditions of the economically weaker sections, especially the tribal population dependent on forests for living. Tripura Tribal Areas Autonomous District Council (TTADC)  TTADC was established in 1982 as an autonomous institution.  It aims to introduce internal autonomy and protect the social, economic and cultural interests of the tribal population as a whole. The Medicinal Plant Board of Tripura (MPBT)  MPBT was formed in 2001 to promote, conserve, cultivate, harvest, process and market medicinal plants in the state.  It provides assistance in cultivation, storage, transportation, and training, among others.
  • 35. For updated information, please visit www.ibef.orgTRIPURA35 CONTACT LIST Agency Description Tripura Industrial Development Corporation Limited (TIDC) Shilpa Nigam Bhawan, Near Ginger Hotel, Khejur Bagan, P.O:- Kunjaban- 799006 Phone: 91-381-222-6617/222-6373 Tripura Tea Development Corporation Limited (TTDC) New J.B. School P.O. Abhoynagar Agartala - 799005 Phone: 91-381-2224 128/222 3173 Tripura Forest Development and Plantation Corporation Limited (TFDPC) Abhoynagar Agartala - 799005 Phone: 91-381-2354 763 The Medicinal Plant Board of Tripura (MPBT) Van Gaveshana Sadan Gandhi gram Agartala - 799012 Phone: 91-381-2397 325
  • 36. For updated information, please visit www.ibef.orgTRIPURA36 COST OF DOING BUSINESS IN TRIPURA Cost parameter Cost estimate Source Hotel costs – government accomodation US$ 33 to US$ 128 Tripura Tourism Development Corporation Residential space (per month rent for 2,000 sq ft house) US$ 135 to US$ 410 Industry sources Power cost (per kwh) Domestic: US 5.5 -11.69 cents Commercial: US 8.8 - 12.24 cents Industrial: US 9.67 - 12.02 cents Tariff schedule of Tripura State Electricity Corporation Ltd for 2014-15 Labour cost – shops (minimum wages per day) US$ 2.2 -2.7 Ministry of Labour and Employment, Government of India
  • 37. For updated information, please visit www.ibef.orgTRIPURA37 STATE ACTS & POLICIES … (1/2) Tripura Industrial Investment Promotion Incentives Scheme, 2012  To make Tripura a preferred destination for industrial and trade activities.  To promote economic development and improve living standards.  To promote industrialisation in the states in the North Eastern Region  To improve productivity in government departments through computerisation. North East Industrial Development Scheme 2017 Objectives  To promote sustainable use and management of natural forests and wildlife resources.  To create employment opportunities and generate revenues for the state. Eco Tourism Policy 2004 Tripura State Bamboo Policy  To realise the economic, social and environmental potential of Tripura’s bamboo resource, develop it into one of the major economic sectors of the state, and provide employment and income generating activities for the tribals and rural poor. IT/ITeS Policy and Roadmap - 2017  Digital transformation of government services.  Development of digital infrastructure.  Capacity building, training and skill development  Positioning Tripura as an attractive location for investments in IT/ITeS segment. Read more Read more Read more Read more Read more
  • 38. For updated information, please visit www.ibef.orgTRIPURA38 STATE ACTS & POLICIES … (2/2) Objectives  To develop the medicinal plant sector such that the state becomes a leading cultivator of medicinal plants that occur under climatic and natural factors of the state. Tripura Medicinal Plant Policy  To attract investments in the state’s IT sector in order to facilitate growth in the sector  To create employment opportunities in the IT sector IT Policy of Tripura, 2000 Read more Read more  To make outdoor advertisement as one of the major revenue resource by tapping the hidden potential.  To guide outdoor advertisements in the state of Tripura. Outdoor Advertising Policy Read more
  • 39. For updated information, please visit www.ibef.orgTRIPURA39 INCENTIVES Agency Description IT industry  Partial reimbursement at 20per cent of floor space rentals, actually paid by IT enterprises.  Reimbursements subject to a maximum limit of US$ 0.05 million per annum. Government tenders  85per cent exempted from the payment of earnest money and security deposits on tenders floated by the state government department/agencies.  Procurement preference at 15per cent on purchases in tendering process by the state government department/agencies subject to at least 30per cent value addition within the state. Capital investment subsidy to SC, ST and women  Capital investment subsidy of 30per cent & additional subsidy of 2.5per cent for ST, SC, and women on fixed capital investment for land and civil works with a maximum limit of US$ 0.08 per unit. Incentives declared by central government  Exemption of excise duty on finished products.  Central transport subsidy.  Income tax benefit.  Capital investment subsidy.  Interest subsidy on working capital loans.  Comprehensive insurance scheme for insurance coverage; subsidies to service, biotechnology and power generating industries. Other benefits  On transportation of fruits and fruit product meant for export, a subsidy of 90per cent on air freight from Agartala to Guwahati/Kolkata.  Tripura Industrial Development Agency (TIDA), as single window for providing necessary clearances and other assistance to entrepreneurs.  Prompt and regular clearance of incentives and subsidy claims.
  • 41. For updated information, please visit www.ibef.orgTRIPURA41 ANNEXURE…(1/2) - SOURCES Data Sources GSDP (state) Planning and Implementation Department, Government of Tripura Per capita GSDP figures Planning and Implementation Department, Government of Tripura, MOSPI GSDP (India) Central Statistics Office Installed power capacity (MW) Central Electricity Authority Wireless subscribers (No) Telecom Regulatory Authority of India Internet subscribers (Mn) Telecom Regulatory Authority of India National highway length (km) NHAI, Roads and Building Department-Government of India Airports (No) Airports Authority of India Literacy rate (%) Census 2011 Birth rate (per 1,000 population) SRS Bulletin September 2017 Cumulative FDI equity inflows (US$ billion) Department of Industrial Policy & Promotion Operational PPP projects (No) DEA , Ministry of Finance, Government of India
  • 42. For updated information, please visit www.ibef.orgTRIPURA42 ANNEXURE…(2/2) - EXCHANGE RATES Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year) Year INR INR Equivalent of one US$ 2004–05 44.95 2005–06 44.28 2006–07 45.29 2007–08 40.24 2008–09 45.91 2009–10 47.42 2010–11 45.58 2011–12 47.95 2012–13 54.45 2013–14 60.50 2014-15 61.15 2015-16 65.46 2016-17 67.09 2017-18 64.45 Q1 2018-19 67.04 Q2 2018-19 70.18 Year INR Equivalent of one US$ 2005 44.11 2006 45.33 2007 41.29 2008 43.42 2009 48.35 2010 45.74 2011 46.67 2012 53.49 2013 58.63 2014 61.03 2015 64.15 2016 67.21 2017 65.12 Source: Reserve Bank of India, Average for the year
  • 43. For updated information, please visit www.ibef.orgTRIPURA43 DISCLAIMER India Brand Equity Foundation (IBEF) engaged Aranca to prepare this presentation and the same has been prepared by Aranca in consultation with IBEF. All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The same may not be reproduced, wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of IBEF. This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of Aranca and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice. Aranca and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation. Neither Aranca nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.