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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 ………..……...........14
Social Infrastructure ...................................20
Industrial Infrastructure ……...……….........23
Key Sectors ………….………………..…...25
Key Procedures & Policies………………...31
Annexure.………….……..…........................39
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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 2016-17, tea production in the state stood at 10.5 million kg.
Fifth largest tea
producing state
 Tripura is the 2nd largest natural rubber producer in the country, after Kerala. As of 2015-16, production of
rubber in the state stood at 44,245 tonnes as compared to 39,000 tonnes in 2013-14.
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
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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
0.25 100.0
GSDP growth rate (%) 25.33 10.40
Per capita GSDP (US$) 1,352.82 1,546
Odisha’s Contribution to Indian Economy (2015-16)
Parameter Tripura India
Installed power capacity
(MW) (May 2018)*
735.72 343,898.39
Wireless subscribers (Mn)
(as of March 2018)
13.77 1,183.41
Internet subscribers (Mn)
(as of December 2017)
5.19 445.96
National highway length
(km)
854 115,435
Airports (No) 1 125
Physical Infrastructure in Tripura
Parameter Tripura India
Literacy rate (%) 95.16 74.04
Birth rate (per 1,000
population)
13.7 20.4
Social Indicators
Parameter Tripura India
Cumulative FDI equity inflows since April 2000 (US$ billion) 0.1
1
367.93
Investments (as of December 2017)
Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2017-18 i.e. 64.45, For source refer to Annexure , * FY 2018-19
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
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 343.68 billion (US$ 5.25
billion)
 GSDP increased at a compound annual growth rate (CAGR) of
15.66 per cent between 2011-12 and 2015-16.
Source: Directorate of Economics and Statistics of Tripura
4.01
3.98
4.23
4.48
5.25
192.08
216.63
255.93
274.22
343.68
0
50
100
150
200
250
300
350
400
0
1
2
3
4
5
6
2011-12
2012-13
2013-14
2014-15
2015-16
US$ billion Rs billion
CAGR 15.66%
GSDP per capita of Tripura at current prices
1,082.68
1,062.65
1,116.45
1,169.35
1,352.82
51,914.62
57,861.11
67,545.08
71,505.58
88,555.32
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
100000
-
200
400
600
800
1,000
1,200
1,400
1,600
2011-12
2012-13
2013-14
2014-15
2015-16
US$ Rs
CAGR 6.63%
 The state’s per capita GSDP was Rs 88,555.32 (US$
1,352.82) in 2015-16 compared with Rs 51,914.62 (US$
1,082.68) during 2011-12.
 Per capita GSDP increased at a CAGR of 6.63 per cent
between 2011-12 and 2015-16.
For updated information, please visit www.ibef.orgTRIPURA11
ECONOMIC SNAPSHOT – NSDP
NSDP of Tripura at current prices
3.63
3.61
3.86
4.01
4.74
17,419.05
19,631.14
23,328.98
24,532.28
31,058.33
0
5000
10000
15000
20000
25000
30000
35000
0
1
2
3
4
5
2011-12
2012-13
2013-14
2014-15
2015-16
US$ billion Rs billion
CAGR 4.22%
 Tripura’s net state domestic product (NSDP) was about
Rs31,058.33 crore (US$ 4.74 billion) during 2015-16.
 NSDP increased at a CAGR of 4.22 per cent between 2005-06
and 2015-16.
 Tripura’s per capita NSDP& was Rs 80,026.62 (US$ 1,222.53)
in 2015-16 compared with Rs 47,078.51 (US$ 981.83) during
2005-06.
 Per capita NSDP increased at an average rate of 14.18 per
cent between 2005-06 and 2015-16.
NSDP per capita of Tripura at current prices
981.83
962.97
1,017.69
1,046.11
1,222.53
47,078.51
52,433.60
61,570.28
63,969.44
80,026.62
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
0
200
400
600
800
1,000
1,200
1,400
2011-12
2012-13
2013-14
2014-15
2015-16
US$ Rs
CAGR 14.18%
Source: Directorate of Economics and Statistics of Tripura
For updated information, please visit www.ibef.orgTRIPURA12
ECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSDP
 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 2015-16 was
encouraging.
 During 2015-16, the tertiary sector contributed 43.05per cent to the
state’s GSDP, followed by primary (43.829per cent) & secondary
(13.13 per cent) sectors.
 The tertiary sector grew at a CAGR of 45.37 per cent between 2011-
12 & 2015-16. 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 131.61 per cent between
2011-12 and 2015-16.
 The secondary sector registered a CAGR of 64.57 per cent between
2011-12 & 2015-16. This was driven by growth in manufacturing,
construction & electricity, gas & water supply sub-sectors.
GSDP composition by sector
33.48%
43.82%
14.11%
13.13%
52.40% 43.05%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011-12 2015-16
Primary Sector Secondary Sector Tertiary Sector
131.61%
45.37%
64.57%
CAGR
Source: Directorate of Economics and Statistics of Tripura
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$ 104 million from
April 2000 to December 2017.
Cumulative FDI inflows from April 2000 (US$ billion)
Source: Tripura State Portal
Note: 1FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, 2017-18*-Up to December 2017
73
78
79
84
94
96
104
-
20
40
60
80
100
120
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18*
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 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.
 In June 2018, The President of India inaugurated the National
Highway from Matabari to Sabroom in Udaipur.
 Under the Bharatmala project, 500 km of roads are being
constructed in the state.
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) 233.64
Pradhan Mantri Gram Sadak Yojana (PMGSY ) 2017-18 (up to
February 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
April
2018
Total
passenger
traffic
921,591 1,183,567 1,244,716 139,321
Aircraft
movement
(nos.)
7,158 8,899 9,058 920
Cargo
handled
(tonnes)
5,456 6,057 4,958 393
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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 May 2018, Tripura had a total installed power generation capacity of 735.72 MW, of which 185.51 MW was under state utilities, 550.12 MW
was under central & 0.09MW was under the private sector.
 Of the total installed capacity, 643.85 MW was contributed by thermal power, 70.77 MW by hydropower & 21.10 MW by renewable resources as
of May 2018.
 Fund released under DDUGJY scheme during 2017-18 amounted to Rs 41.30 crore (US$ 6.38 million)
Source: Central Electricity Authority
Installed power capacity (MW)
243.4
244.1
265.0
265.0
412.1
433.1
627.1
676.5
727.3
727.3
735.7
0
100
200
300
400
500
600
700
800
FY09
FY10
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19*
Note: *As of March 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)
For updated information, please visit www.ibef.orgTRIPURA18
PHYSICAL INFRASTRUCTURE – TELECOM
Note: (1)Combined figures for Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, 2As of December 2017, GP – Gram Panchayat
 According to the Telecom Regulatory Authority of India (TRAI), Northeast states had 13.77 million wireless subscribers and 112,134 wireline
subscribers, as of March 2018. The number of internet subscribers in the states as of December 2017, stood at 5.19 million.
 By the end of March 2018, 991,342 subscribers had submitted requests for mobile number portability in the region. Moreover, the region had a
tele-density of 97.4 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 13,769,128
Wireline subscribers 112,134
Internet subscribers* (million) 5.19
Tele density (in %) 97.40
Telecom Infrastructure 1(As of March 2018) Performance of Bharat Net (2017-18)
GPs Connected (up to January 2018) 56
Service Ready GPs (as of March 2018) 489
For updated information, please visit www.ibef.orgTRIPURA19
 The central government declares Agartala city, the capital of Tripura,
as a smart city of the 98 smart cities.
 Agartala is one of the 500 nominated cities covered under the Atal
Mission For Rejuvenation And Urban Transformation (AMRUT)
urban development project.
 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.
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
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, State Budget 2016-17
Universities 2
Engineering colleges 3
Government colleges 22
Medical colleges 2
Other professional and technical
colleges
10
Educational infrastructure (2015-16)
Universities 2
Engineering colleges 3
Government colleges 22
Medical colleges 2
Other professional and technical
colleges
10
Educational infrastructure (2015-16)
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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 March 8th, 2018, the number of Primary health centres, sub-
centres, Community health centres, district hospitals and sub
divisional hospitals stood at 122; 1,064; 22; 10 and 12.
Primary health centres 129
Sub-centres 1,064
Community health centres 23
District hospitals 10
Sub-Divisional hospital 12
Health infrastructure (June 19, 2018)
Birth rate
1
13.7
Death rate
1
5.5
Infant mortality rate
2
24
Health indicators (2016)
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 5th, 2017
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.
 Tripura holds a strong tea plantation base in India, with 54 tea
gardens covering an area of over 7,482.27 hectares as of 2015-16.
Due to large availability of land along with appropriate climatic
conditions, a gradual boost to the tea production in the state has
been witnessed. In 2016-17, tea production in the state stood at 10.5
million kg.
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
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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 Mizoram (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.orgTRIPURA28
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.
Source: Tripura State Portal, Department of Industries & Commerce (Government of Tripura), News articles, Rubber Board India, MT: Metric tonnes
Number of licensed dealers of rubber in Tripura
237
323
414
520
538
521
0
100
200
300
400
500
600
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
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.orgTRIPURA29
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
1,077.00
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-December 2017
For updated information, please visit www.ibef.orgTRIPURA30
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. The number of foreign tourists grew at a CAGR of 46.28 per
cent from 2010-11 to 2015-16. In 2016, the number of foreign tourist
arrivals in the state were recorded to be 166,570.
 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
300
310
320
330
340
350
360
370
2010-
11
2011-
12
2012-
13
2013-
14
2014-
15
2015-
16
Number of foreign tourists visits (‘000)
5.21 6.05 7.84
11.85
26.69
34.89
0
10
20
30
40
2010
-11
2011
-12
2012
-13
2013
-14
2014
-15
2015
-16
TRIPURA
KEY PROCEDURES
& POLICIES
For updated information, please visit www.ibef.orgTRIPURA32
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.orgTRIPURA33
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.orgTRIPURA34
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.orgTRIPURA35
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.orgTRIPURA36
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 the Northeast as an attractive investment destination by providing concessions and incentives.
 To promote industrialisation covering various fields such as pharmaceuticals, packaging, steel and rolling mill,
cement, FMCG, poultry feed, ferro-alloy, bakery, hotels, hospitals, power generation in the region,
North East Industrial and
Investment Promotion
Policy (NEIIPP), 2007
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.orgTRIPURA37
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.orgTRIPURA38
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.orgTRIPURA40
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.orgTRIPURA41
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
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.orgTRIPURA42
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 May 2018

  • 1. For updated information, please visit www.ibef.org May 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 ………..……...........14 Social Infrastructure ...................................20 Industrial Infrastructure ……...……….........23 Key Sectors ………….………………..…...25 Key Procedures & Policies………………...31 Annexure.………….……..…........................39
  • 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 2016-17, tea production in the state stood at 10.5 million kg. Fifth largest tea producing state  Tripura is the 2nd largest natural rubber producer in the country, after Kerala. As of 2015-16, production of rubber in the state stood at 44,245 tonnes as compared to 39,000 tonnes in 2013-14. 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 0.25 100.0 GSDP growth rate (%) 25.33 10.40 Per capita GSDP (US$) 1,352.82 1,546 Odisha’s Contribution to Indian Economy (2015-16) Parameter Tripura India Installed power capacity (MW) (May 2018)* 735.72 343,898.39 Wireless subscribers (Mn) (as of March 2018) 13.77 1,183.41 Internet subscribers (Mn) (as of December 2017) 5.19 445.96 National highway length (km) 854 115,435 Airports (No) 1 125 Physical Infrastructure in Tripura Parameter Tripura India Literacy rate (%) 95.16 74.04 Birth rate (per 1,000 population) 13.7 20.4 Social Indicators Parameter Tripura India Cumulative FDI equity inflows since April 2000 (US$ billion) 0.1 1 367.93 Investments (as of December 2017) Note: GSDP, per capita GSDP figures are taken at current prices, exchange rates used is average of 2017-18 i.e. 64.45, For source refer to Annexure , * FY 2018-19
  • 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 343.68 billion (US$ 5.25 billion)  GSDP increased at a compound annual growth rate (CAGR) of 15.66 per cent between 2011-12 and 2015-16. Source: Directorate of Economics and Statistics of Tripura 4.01 3.98 4.23 4.48 5.25 192.08 216.63 255.93 274.22 343.68 0 50 100 150 200 250 300 350 400 0 1 2 3 4 5 6 2011-12 2012-13 2013-14 2014-15 2015-16 US$ billion Rs billion CAGR 15.66% GSDP per capita of Tripura at current prices 1,082.68 1,062.65 1,116.45 1,169.35 1,352.82 51,914.62 57,861.11 67,545.08 71,505.58 88,555.32 0 10000 20000 30000 40000 50000 60000 70000 80000 90000 100000 - 200 400 600 800 1,000 1,200 1,400 1,600 2011-12 2012-13 2013-14 2014-15 2015-16 US$ Rs CAGR 6.63%  The state’s per capita GSDP was Rs 88,555.32 (US$ 1,352.82) in 2015-16 compared with Rs 51,914.62 (US$ 1,082.68) during 2011-12.  Per capita GSDP increased at a CAGR of 6.63 per cent between 2011-12 and 2015-16.
  • 11. For updated information, please visit www.ibef.orgTRIPURA11 ECONOMIC SNAPSHOT – NSDP NSDP of Tripura at current prices 3.63 3.61 3.86 4.01 4.74 17,419.05 19,631.14 23,328.98 24,532.28 31,058.33 0 5000 10000 15000 20000 25000 30000 35000 0 1 2 3 4 5 2011-12 2012-13 2013-14 2014-15 2015-16 US$ billion Rs billion CAGR 4.22%  Tripura’s net state domestic product (NSDP) was about Rs31,058.33 crore (US$ 4.74 billion) during 2015-16.  NSDP increased at a CAGR of 4.22 per cent between 2005-06 and 2015-16.  Tripura’s per capita NSDP& was Rs 80,026.62 (US$ 1,222.53) in 2015-16 compared with Rs 47,078.51 (US$ 981.83) during 2005-06.  Per capita NSDP increased at an average rate of 14.18 per cent between 2005-06 and 2015-16. NSDP per capita of Tripura at current prices 981.83 962.97 1,017.69 1,046.11 1,222.53 47,078.51 52,433.60 61,570.28 63,969.44 80,026.62 0 10000 20000 30000 40000 50000 60000 70000 80000 90000 0 200 400 600 800 1,000 1,200 1,400 2011-12 2012-13 2013-14 2014-15 2015-16 US$ Rs CAGR 14.18% Source: Directorate of Economics and Statistics of Tripura
  • 12. For updated information, please visit www.ibef.orgTRIPURA12 ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSDP  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 2015-16 was encouraging.  During 2015-16, the tertiary sector contributed 43.05per cent to the state’s GSDP, followed by primary (43.829per cent) & secondary (13.13 per cent) sectors.  The tertiary sector grew at a CAGR of 45.37 per cent between 2011- 12 & 2015-16. 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 131.61 per cent between 2011-12 and 2015-16.  The secondary sector registered a CAGR of 64.57 per cent between 2011-12 & 2015-16. This was driven by growth in manufacturing, construction & electricity, gas & water supply sub-sectors. GSDP composition by sector 33.48% 43.82% 14.11% 13.13% 52.40% 43.05% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2011-12 2015-16 Primary Sector Secondary Sector Tertiary Sector 131.61% 45.37% 64.57% CAGR Source: Directorate of Economics and Statistics of Tripura
  • 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$ 104 million from April 2000 to December 2017. Cumulative FDI inflows from April 2000 (US$ billion) Source: Tripura State Portal Note: 1FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, 2017-18*-Up to December 2017 73 78 79 84 94 96 104 - 20 40 60 80 100 120 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18*
  • 15. For updated information, please visit www.ibef.orgTRIPURA15 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 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.  In June 2018, The President of India inaugurated the National Highway from Matabari to Sabroom in Udaipur.  Under the Bharatmala project, 500 km of roads are being constructed in the state. 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) 233.64 Pradhan Mantri Gram Sadak Yojana (PMGSY ) 2017-18 (up to February 2018)
  • 16. For updated information, please visit www.ibef.orgTRIPURA16 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 April 2018 Total passenger traffic 921,591 1,183,567 1,244,716 139,321 Aircraft movement (nos.) 7,158 8,899 9,058 920 Cargo handled (tonnes) 5,456 6,057 4,958 393
  • 17. For updated information, please visit www.ibef.orgTRIPURA17 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 May 2018, Tripura had a total installed power generation capacity of 735.72 MW, of which 185.51 MW was under state utilities, 550.12 MW was under central & 0.09MW was under the private sector.  Of the total installed capacity, 643.85 MW was contributed by thermal power, 70.77 MW by hydropower & 21.10 MW by renewable resources as of May 2018.  Fund released under DDUGJY scheme during 2017-18 amounted to Rs 41.30 crore (US$ 6.38 million) Source: Central Electricity Authority Installed power capacity (MW) 243.4 244.1 265.0 265.0 412.1 433.1 627.1 676.5 727.3 727.3 735.7 0 100 200 300 400 500 600 700 800 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19* Note: *As of March 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)
  • 18. For updated information, please visit www.ibef.orgTRIPURA18 PHYSICAL INFRASTRUCTURE – TELECOM Note: (1)Combined figures for Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, 2As of December 2017, GP – Gram Panchayat  According to the Telecom Regulatory Authority of India (TRAI), Northeast states had 13.77 million wireless subscribers and 112,134 wireline subscribers, as of March 2018. The number of internet subscribers in the states as of December 2017, stood at 5.19 million.  By the end of March 2018, 991,342 subscribers had submitted requests for mobile number portability in the region. Moreover, the region had a tele-density of 97.4 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 13,769,128 Wireline subscribers 112,134 Internet subscribers* (million) 5.19 Tele density (in %) 97.40 Telecom Infrastructure 1(As of March 2018) Performance of Bharat Net (2017-18) GPs Connected (up to January 2018) 56 Service Ready GPs (as of March 2018) 489
  • 19. For updated information, please visit www.ibef.orgTRIPURA19  The central government declares Agartala city, the capital of Tripura, as a smart city of the 98 smart cities.  Agartala is one of the 500 nominated cities covered under the Atal Mission For Rejuvenation And Urban Transformation (AMRUT) urban development project.  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. 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
  • 21. For updated information, please visit www.ibef.orgTRIPURA21 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, State Budget 2016-17 Universities 2 Engineering colleges 3 Government colleges 22 Medical colleges 2 Other professional and technical colleges 10 Educational infrastructure (2015-16) Universities 2 Engineering colleges 3 Government colleges 22 Medical colleges 2 Other professional and technical colleges 10 Educational infrastructure (2015-16)
  • 22. For updated information, please visit www.ibef.orgTRIPURA22 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 March 8th, 2018, the number of Primary health centres, sub- centres, Community health centres, district hospitals and sub divisional hospitals stood at 122; 1,064; 22; 10 and 12. Primary health centres 129 Sub-centres 1,064 Community health centres 23 District hospitals 10 Sub-Divisional hospital 12 Health infrastructure (June 19, 2018) Birth rate 1 13.7 Death rate 1 5.5 Infant mortality rate 2 24 Health indicators (2016) 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 5th, 2017
  • 24. For updated information, please visit www.ibef.orgTRIPURA24 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
  • 25. TRIPURA KEY SECTORS  Agriculture and Forest based industries  Rubber  Natural gas  Tourism
  • 26. For updated information, please visit www.ibef.orgTRIPURA26 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.  Tripura holds a strong tea plantation base in India, with 54 tea gardens covering an area of over 7,482.27 hectares as of 2015-16. Due to large availability of land along with appropriate climatic conditions, a gradual boost to the tea production in the state has been witnessed. In 2016-17, tea production in the state stood at 10.5 million kg. 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
  • 27. For updated information, please visit www.ibef.orgTRIPURA27 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 Mizoram (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**
  • 28. For updated information, please visit www.ibef.orgTRIPURA28 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. Source: Tripura State Portal, Department of Industries & Commerce (Government of Tripura), News articles, Rubber Board India, MT: Metric tonnes Number of licensed dealers of rubber in Tripura 237 323 414 520 538 521 0 100 200 300 400 500 600 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 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
  • 29. For updated information, please visit www.ibef.orgTRIPURA29 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 1,077.00 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-December 2017
  • 30. For updated information, please visit www.ibef.orgTRIPURA30 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. The number of foreign tourists grew at a CAGR of 46.28 per cent from 2010-11 to 2015-16. In 2016, the number of foreign tourist arrivals in the state were recorded to be 166,570.  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) 324.27 359.52 361.79 359.59 361.25 363.18 300 310 320 330 340 350 360 370 2010- 11 2011- 12 2012- 13 2013- 14 2014- 15 2015- 16 Number of foreign tourists visits (‘000) 5.21 6.05 7.84 11.85 26.69 34.89 0 10 20 30 40 2010 -11 2011 -12 2012 -13 2013 -14 2014 -15 2015 -16
  • 32. For updated information, please visit www.ibef.orgTRIPURA32 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
  • 33. For updated information, please visit www.ibef.orgTRIPURA33 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.
  • 34. For updated information, please visit www.ibef.orgTRIPURA34 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
  • 35. For updated information, please visit www.ibef.orgTRIPURA35 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
  • 36. For updated information, please visit www.ibef.orgTRIPURA36 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 the Northeast as an attractive investment destination by providing concessions and incentives.  To promote industrialisation covering various fields such as pharmaceuticals, packaging, steel and rolling mill, cement, FMCG, poultry feed, ferro-alloy, bakery, hotels, hospitals, power generation in the region, North East Industrial and Investment Promotion Policy (NEIIPP), 2007 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
  • 37. For updated information, please visit www.ibef.orgTRIPURA37 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
  • 38. For updated information, please visit www.ibef.orgTRIPURA38 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.
  • 40. For updated information, please visit www.ibef.orgTRIPURA40 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
  • 41. For updated information, please visit www.ibef.orgTRIPURA41 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 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
  • 42. For updated information, please visit www.ibef.orgTRIPURA42 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.