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11JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
JANUARY 2017
22JANUARY 2017
 Executive Summary………………..….......3
 Advantage State………………….…..........5
 North East Region Vision 2020…….…….6
 Tripura – An Introduction………….….......7
 Budget ………………………...………..…16
 Infrastructure Status……….....................17
 Business Opportunities……....................30
 Doing Business in Tripura…...................41
 State Acts & Policies……………….…...45
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
JANUARY 2017
33JANUARY 2017 For updated information, please visit www.ibef.org
EXECUTIVE SUMMARY … (1/2)
Source: Ministry of Agriculture, Tripura State Portal
TRIPURA THE LAND OF PERMANENT SPRING
Largest bamboo
producing hub in India
• 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.
Strong natural rubber
production base
• Tripura is the second largest natural rubber producer in the country, after Kerala. As of
March 2015, total area under plantations was 61,231 hectares and the suitable area
required for the plantation of the rubber was 100,000 hectares.
Fifth largest tea
producing state
• 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
2014-15, tea production in the state stood at 9.5 million kg.
Unique cultural mix in
handicraft art
• A unique harmonious blend of three traditions (tribal, Bengali and Manipuri weaving) can
be seen in Tripura’s handicrafts. The state is known for its unique cane and bamboo
handicrafts.
Untapped resources
provided growth
potential
• Tripura has several potential, yet relatively unexplored sectors such as organic spices,
bio-fuel and eco-tourism. It is rich in natural resources such as natural gas, rubber, tea and
medicinal plants. The state is also known for its vibrant food processing, bamboo and
sericulture industries.
44JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
Offers international
trade opportunities
• Tripura acts as a gateway between Northeast India and Bangladesh. The state shares a
856-km international border with Bangladesh. This offers enormous potential for
international trade.
Food processing hub in
Northeast
• 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, and an agri-export zone for pineapples. The state also has potential in
the meat-processing sector.
EXECUTIVE SUMMARY … (2/2)
Source: Tripura State Portal,
News Articles, Department of Industries & Commerce (Government of Tripura),
Ministry of Agriculture
Treasure of natural
medicine
• Tripura has about 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs,165
climbers, 16 climbing shrubs, 35 ferns and 45 epiphytes. The pertinent tropical climatic
conditions in the state supports the flourishing growth of various types of the medicinal
plant and other forest resources scattered all over the state.
55JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
Growing demandTourism 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 and bio-diversity
treasure trove of wildlife sanctuaries
Untapped resources and
medical plants
• Tripura has several potential, but
unexplored sectors such as organic
spices, bio-fuels and eco-tourism.
• The state has a wide variety of
medical plants. It has 266 medicinal
plants, 379 species of trees, 581
herbs, 320 shrubs and 165 climbers.
Policy and
infrastructure support
• Tripura has a wide range of fiscal and
policy incentives for businesses under
the Tripura Industrial Investment
Promotion Incentive Scheme, 2012.
• Developing infrastructure, improved rail
& air connectivity, and establishment of
trade routes have facilitated trade.
Availability of skilled
workforce
• Tripura has a large base of skilled
labour, making it an ideal destination
for knowledge sectors. At 87.8%, its
literacy rate is higher than the national
average rate.
• The state has institutes such as
National Institute of Technology (NIT)
and Tripura Institute of Technology
(TIT), which provide skilled manpower
to various industries.
2015-16
GSDP at
current
prices: US$
5.20 billion
2015-16
Per capita
GSDP at
current
prices: US$
1,406.7
Advantage
Tripura
ADVANTAGE: TRIPURA
66JANUARY 2017 For updated information, please visit www.ibef.org
NORTH EAST REGION VISION 2020
TRIPURA THE LAND OF PERMANENT SPRING
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 9.5% and per
capita GSDP by 7.3% 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.
Source: NER Vision 2020
HYV: High Yielding Variety
77JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA FACT FILE
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.
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: Government of Tripura website, Census 2011
Parameters Tripura
Capital Agartala
Geographical area (sq km) 10,491
Administrative districts (No) 4
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 (%) 87.8
TRIPURA THE LAND OF PERMANENT SPRING
88JANUARY 2017
Parameter Tripura All states Source
Economy 2015-16 2015-16
GSDP as a percentage of all states’ GSDP 0.22 100.0
TechSci Estimates based on “Advanced
Estimates” provided by Directorate of Economics
and Statistics of Tripura
GSDP growth rate (%) 12.73 8.64
TechSci Estimates based on “Advanced
Estimates” provided by Directorate of Economics
and Statistics of Tripura
Per capita GSDP (US$) 1,406.7 1546
TechSci Estimates based on “Advanced
Estimates” provided by Directorate of Economics
and Statistics of Tripura
Physical Infrastructure
Installed power capacity (MW) 676.50 304,505.75 Central Electricity Authority, as of June 2016
Wireless subscribers (No) 11,105,770
1
1,033,157,014
Telecom Regulatory Authority of India, as of May
2016
Internet subscribers (No) 3,900,0001 334,340,000
Telecom Regulatory Authority of India, as of
January 2016
National highway length (km) 577 100,087.08 NHAI & Roads and Building Department
Airports (No) 01 125 Airports Authority of India
1Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura,
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
TRIPURA IN FIGURES … (1/2)
99JANUARY 2017
Parameter Tripura All states Source
Social Indicators
Literacy rate (%) 87.8 73.0 Census, 2011
Birth rate (per 1,000 population) 21.4 21.6 SRS Bulletin
Investment
FDI equity inflows (US$ billion) 0.0941 288.51
Department of Industrial Policy & Promotion,
From April 2000 to March 2016
1FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur,
Meghalaya, Mizoram, Nagaland and Tripura
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TRIPURA IN FIGURES … (2/2)
TRIPURA THE LAND OF PERMANENT SPRING
1010JANUARY 2017
At current prices, Tripura’s gross state domestic product
(GSDP)* stood at around US$ 5.20 billion in 2015-16.
GSDP increased at a compound annual growth rate
(CAGR) of 9.13% between 2004-05 and 2015-16.
Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura
GSDP* - Geometric mean of YoY calculation from 2004-05 to 2014-15
Per Capita GSDP^ - calculated using GSDP million USD / Population in million
GSDP of Tripura at current prices (in US$ billion)
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ECONOMIC SNAPSHOT – GSDP
TRIPURA THE LAND OF PERMANENT SPRING
The state’s per capita GSDP^ was US$ 1,406.7 in 2015-16
compared with US$ 593.2 during 2004-05.
Per capita GSDP increased at a CAGR of 8.17% between
2004-05 and 2015-16.
GSDP per capita of Tripura at current prices
(in US$)
1.99 2.23 2.42
2.93 2.94
3.25
3.92
4.48 4.39
5.2
4.55
5.20
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
593 657 704
843 837
913
1,088
1,229 1,193 1,156
1,012
1,406.7
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
1111JANUARY 2017
Tripura’s net state domestic product (NSDP)# was about
US$ 4.47 billion during 2015-16.
NSDP increased at a CAGR of 8.5% between 2004-05 and
2015-16.
NSDP of Tripura at current prices (in US$ billion)
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ECONOMIC SNAPSHOT – NSDP
TRIPURA THE LAND OF PERMANENT SPRING
Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura
NSDP# - calculated using per capita NSDP x Population in million
per capita NSDP& - Geometric mean of YoY calculation from 2004-05 to 2014-15
NSDP per capita of Tripura at current prices (in US$)
Tripura’s per capita NSDP& was US$ 1,207 in 2015-16
compared with US$ 543 during 2004-05.
Per capita NSDP increased at an average rate of 7.54%
between 2004-05 and 2015-16.
1.82
2.05 2.21
2.68 2.71
2.99
3.63
4.2 4.13 4.31
3.83
4.47
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
543
604 643
771 771
840
1,008
1,153 1,122
958
853
1,207
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
1212JANUARY 2017
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 51.27% to
the state’s GSDP, followed by primary (32.99%) and
secondary (15.74%) sectors.
The tertiary sector grew at a CAGR of 11.83% between
2004-05 and 2015-16. The increase was driven by growth in
trade, hotels, real estate, finance, insurance, transport,
communications and other services sub-sectors.
The primary sector rose at a CAGR of 14.54% between
2004-05 and 2015-16.
The secondary sector registered a CAGR of 7.41% between
2004-05 and 2015-16. This was driven by growth in
manufacturing, construction, and electricity, gas and water
supply sub-sectors.
GSDP composition by sector
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ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSDP
TRIPURA THE LAND OF PERMANENT SPRING
Source: TechSci Estimates based on “Advanced Estimates” provided by
Directorate of Economics and Statistics of Tripura
Sector-wise % share of GSDPµ -Geometric mean of YoY calculation from
2004-05 to 2014-15
26.50% 32.99%
22.80% 15.74%
50.70% 51.27%
2004-05 2015-16
Primary Sector Secondary Sector Tertiary Sector
CAGR
14.54%
11.83%
7.41%
1313JANUARY 2017
Tripura is an agrarian state with more than half of the population dependent on
agriculture and allied activities. Rice, the major crop of the state, is cultivated in
91% of the cropped area. Tripura is the second largest natural rubber producer in
the country, after Kerala.
Tripura has significant biodiversity, with 266 species of medicinal plants. A
variety of horticultural and plantation crops are produced in the state. Major
plantation crops include coconut, arecanut, oil palm, cashew, tea, coffee and
rubber. The special focus is being given to value addition to non-timber forestry
products and promotion of the bamboos for giving more economic return to rural
people. The state is estimated to have an area of around 7,195 hectares for the
plantation of bamboo during 2014-15. Around US$ 0.33 million in funds have
been released under National Agroforestry & Bamboo Mission (NABM) towards
the development of bamboo production.
As per budget 2016-17, the state government is aiming to intensify foodgrain
production in the state with an additional 50 thousand MT quantity during 2016-
17. However, during 2015-16, for the foodgrain production, profitability of
farmers, etc., the state government initiated the “Crop Diversification” programme
which includes the Hybrid paddy and HYV paddy cultivation through SRI
(System of Rice Intensification).
The Government of Tripura announced plans to increase the horticulture crop
production to 2.33 million MT by the end of 12th five year plan under Horticulture
Development scheme (2013-17). During 2015-16, an area of 361.8 thousand
hectares was brought under fruit cultivation and 179.7 thousand hectares was
brought under vegetable cultivation.
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TRIPURA THE LAND OF PERMANENT SPRING
ECONOMIC SNAPSHOT – AGRICULTURAL PRODUCTION …(1/2)
Production of horticulture crops (2015-
16)
Year
Production (‘000
MT)
Fruits 680.1
Vegetables 441.2
Onion 2.59
Plantation crops 321
Horticulture crops 1,662.21
Source: Ministry of Agriculture, Tripura State Portal,
Note: 12014-15
1414JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
ECONOMIC SNAPSHOT – AGRICULTURAL PRODUCTION …(2/2)
Area expansion for various
horticulture crops under HMNEH and MIDH in Tripura
7790 8830 8271
20160
12964
10185
5473
2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
Source: Mission for Integrated Development of Horticulture
(MIDH) and Mission for Integrated Development of
Horticulture (MIDH)
Horticulture crop production in Tripura
1503.5 1617.1
1216.5
2012-13 2013-14 2014-15
During 2015-16, the Government of India allocated US$
4.64 million under the horticulture mission for the
development of horticulture sector including fruits,
vegetables, root and tuber crops, mushrooms, spices,
flowers, aromatic plants, coconut, cashew, cocoa and
bamboo in the north east and Himalayan states .
Moreover, the production of fruits and vegetables was
recorded to be 680.1 thousand tonnes and 441.2
thousand tonnes, respectively, during 2015-16.
On the account of growing demand for pineapples in
the state, 910 hectares of land was brought under
pineapple cultivation during 2015-16.
As per the state budget 2016-17, for the cultivation of
off-season vegetables in the state, 700 hectares of land
will be taken up during 2016-17. Moreover, the outlay
proposed by the state government under the agriculture
sector is US$ 116.38 million.
1515JANUARY 2017
According to the Department of Industrial Policy
& Promotion (DIPP), FDI inflows1 to the
Northeast states reached US$ 94 million from
April 2000 to March 2016.
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ECONOMIC SNAPSHOT – FDI INFLOWS & INVESTMENTS
TRIPURA THE LAND OF PERMANENT SPRING
1FDI data for the Guwahati-region includes Assam, Arunachal Pradesh,
Manipur, Meghalaya, Mizoram, Nagaland and Tripura
2From April 2015-September 2015
54.67
12.81
11.06
11.74
6.33
3.39 Central Assistance
State's Share of
Central Taxes
State's Revenue
Loans
Non-Plan Assistance
60.1
26.2
5.6
4.83.2 Others
Salaries
Pension
Interest Payment
Repayment of Loans
Break-up of fund inflows in Tripura, 2014-15
Break-up of fund’s outflows in Tripura, 2014-15
Source: Tripura State Portal
FDI equity inflows, 2008-09 to 2015-16 (US$ million)2
42
11 8
1 5
1
5
10
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
1616JANUARY 2017
For 2016-17, the Government of Tripura has a planned expenditure of US$ 2,329.13 million.
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ANNUAL BUDGET 2016-17
TRIPURA THE LAND OF PERMANENT SPRING
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Major heads of development Budget allocation (US$ million) Percentage
FD (Pension & debt servicing & others) 535.99 23.01
Education (school, higher, SW & YAS) 438.41 18.82
Public works (Roads & Buildings, public health engineering & water
resources)
239.31 10.27
Home (police, jail & fire services) 191.27 8.21
Rural Development & Panchayat 340.06 14.60
Health & family welfare 109.60 4.71
Agriculture (Agri & allied activities) 116.39 5.00
Tribal Welfare (Tribal Rehabilitation in Plantation & Primitive Tribal
Groups + Tribal Research)
61.33 2.63
Power 19.26 0.83
Planning & coordination 34.63 1.49
Revenue 35.91 1.54
Others 206.97 8.89
Source: State Budget 2016-17, Finance Department, Government of Tripura
1717JANUARY 2017 For updated information, please visit www.ibef.org
The Tripura Road Transport Corporation (TRTC) provides state
road transport services. TRTC operates 39 buses and 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 2015, PWD sanctioned the construction of two new
national highways in Tripura with lengths of 157.7 km and 22.9
km.
Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in
2000 with the objective of connecting eligible rural habitats.
During 2015-16- up to October 2015, under PMGSY, US$ 27.80
million was allocated and US$ 18.47 million were released to
Tripura.
During 2015-16, the state government declared 108 km long
Teliamura-Sabroom road and 53 km long Kukital to Kailashahar
road as National Highways and is aiming in closing the work
over 30 permanent bridges, enhancing the 250 km long roads
as well as repairing and renovation of remaining National
Highway portions during 2016-17.
In July 2016, the government decided to invest US$ 588.36
million in road projects in Tripura through PWD and the National
Highways and Infrastructure Development Corporation Ltd
(NHIDCL). Source: Ministry of Road Transport & Highways, PMGSY
TRIPURA THE LAND OF PERMANENT SPRING
PHYSICAL INFRASTRUCTURE – ROADS
Road infrastructure –2015-16
Road type Length in km
National highways 577
State highways 532
Major district roads 90
Other district roads 1,195
Village roads 9,674
Pradhan Mantri Gram Sadak Yojana
(PMGSY) (During 2015-16- up to October
2015)
Habitants benefitted (No.) 9
Length completed (km) 7.85
1818JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
PHYSICAL INFRASTRUCTURE – RAILWAYS & AIRPOTS
As of 2014-15, the railway route length in the state was around 153 km. Major railway stations are located in Agartala, Dharmanagar
and Kumarghat. A 15-km metre-gauge railway line has been proposed between Akhaura (Bangladesh) and Agartala (Tripura). As of
June 2015, NITI Aayog announced plans to commission this project. The project is expected to be completed by 2017.
In September 2015, Northeast Frontier Railway (NFR) started implementation of Mega Block Scheme with the objective of converting
meter gauge railway tracks into broad gauges. In October 2015, the state government launched Mega Block Scheme for broad gauge
conversion of Badarpur-Kumarghat-Agartala railway section. Further, the government has also demanded for a Rajdhani train in the
state, which will connect Agartala with New Delhi, as per the state budget 2016-17.
Tripura has a domestic airport at Agartala, known as C.A. Agartala Airport, that is the second busiest airport in north east India. The
airport is administered by the Airports Authority of India and is located 12 km southeast of Agartala city.
During 2015-16, the Airports Authority of India (AAI) took up the modernisation work of Agartala airport project, for which the state
government has allotted 75.726 acres of land to AAI. In addition to this, the state government also demanded for the
operationalization of Kamalpur as well as Kailashahar airports.
Source: Economic Review of Tripura 2014-15, Airport Authority of India, 1Up to September 2015
Agartala airport 2013-14 2014-15 2015-16
Total passenger traffic 824,000 879,182 921,591
Aircraft movement (nos.) 8,066 7,612 7,158
Cargo handled (tonnes) 6,603 5,681 5,456
1919JANUARY 2017
As of June 2016, Tripura had a total installed power
generation capacity of 676.50 MW, of which 185.51 MW
was under state utilities, 485.99 MW was under central
and 5 MW was under private sector.
Of the total installed capacity, 593.12 MW was
contributed by thermal power, 62.37 MW by hydropower
and 21.01 MW by renewable resources as of June
2016.
Tripura State Electricity Corporation Limited was
incorporated in 2004 and is responsible for generation,
transmission and distribution of power in the state.
After the first thermal unit under Palatana Project started
commercial production, Tripura has become a power
surplus state, with 50 MW of surplus production during
peak hours and 100 MW of surplus production during off
peak hours. ONGC announced in October 2015 that it
will be exporting power from Palatana project to Tamu
town in Myanmar.
EESL, Energy Efficiency Services Limited, is planning to
install an energy-efficient street light system worth US$
2.74 million, in 19 towns across Tripura. The authority
has already installed LED lights in 23 cities of the state
under the same system, which helped the Agartala
Municipal Corporation (AMC) in reducing energy costs.
Source: Central Electricity Authority,
Installed power capacity (MW)
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PHYSICAL INFRASTRUCTURE – POWER…(1/2)
TRIPURA THE LAND OF PERMANENT SPRING
In February 2015, Northeast India’s first solar power plant
was initiated at Monarchak in western Tripura. The
installation cost of the plant was US$ 6.64 million.
Under annual budget 2016-17, Government of Tripura
proposed an outlay of US$ 19.25 million for power sector.
During 2014-15 and 2015-16, expenditure of power sector
was US$ 15.19 million and US$ 40.42 million, respectively.
243.4 244.1 265.0 265.0
412.1 433.1
627.1
676.5
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2020JANUARY 2017 For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – POWER…(2/2)
TRIPURA THE LAND OF PERMANENT SPRING
The rural areas or villages are electrified in the state under a
scheme launched in 2015, “Deendayal Upadhyaya Gram
Jyoti Yojana”. The operational electrification scheme, that is,
Rural Electricity infrastructure and Household. Electrification,
was subsumed in the new scheme.
As of 31st October, 2015, 4 projects were closed in Tripura
under Rural Electricity infrastructure and Household out of a
total 12 projects. For 12 electrification projects, US$ 84.43
million was sanctioned and 44% of the sanctioned amount
was released.
World Bank has cleared a loan of US$ 470 million, for
facilitating extension of last mile electricity connections to
households and strengthening the capacity of state-level
power departments, across six north eastern states including
Tripura.
Status of rural electrification in Tripura
(as on November 2015)
Area type Nos.
Total villages 863
Electrified villages 837
Total rural households 607,000
Electrified rural households 335,000
Un-electrified rural
households
272,000
Status of rural electrification in Tripura under
DDUGJY scheme
(as on November 2015)
Area type Nos.
Intensively electrified villages 652
Electrified BPL households 116,312
Source: Deendayal Upadhyaya Gram Jyoti Yojana
Under Deendayal Upadhyaya Gram Jyoti Yojana scheme,
8 new projects have been sanctioned until now for US$
60.28 million.
During 2015-16, the state government completed
construction of transmission line of 400 kv between
Surjyamaninagar, and South Komilla, through which
Bangladesh will be supplied with 100 MW of power by the
state of Tripura.
In February 2016, ONGC board approved an investment of
US$ 808.99 million in Tripura for drilling of wells and
creation of surface facilities to produce 5.1 mmscmd gas,
annually, from oil fields in the state.
Source: Deendayal Upadhyaya Gram Jyoti Yojana
2121JANUARY 2017
Telecom Infrastructure (as of May 2016)
Wireless subscribers
(1)
11,105,770
Wire-line subscribers
(1)
123,420
Internet subscribers
(1)
3,900,000
2
Rural internet subscribers
(1)
2,040,000
2
Urban internet subscribers
(1)
1,860,000
2
Source: TRAI, press release, May 2015,
1Combined figures for the Northeast states comprising Arunachal Pradesh,
Manipur, Meghalaya, Mizoram, Nagaland and Tripura,
2As of June 2015
Tripura was the sixth state in the country and the first state in the
Eastern and Northeastern region to complete State Wide Area
Network (SWAN).
As of May 2016, the North East region had 123,270 wireline
subscribers for BSNL and 1,566,834 BSNL wireless subscribers.
According to Telecom Regulatory Authority of India (TRAI),
Northeast had a total of 11.1 million wireless subscribers and
123 thousand wireline subscribers as of May 2016.
By the end of May 2016, 428,952 subscribers had submitted
request for mobile number portability in the Northeast. Moreover,
total tele-density in the Northeast region was recorded to be
80.3% as of May 2016. The total number of post offices in the
Northeast, as of December 2015, was recorded at 2,920.
The Department of Telecommunications (DoT) initiated a project
in 2011, the National Optical Fibre Network (NOFN), with an aim
of connecting 250,000 gram panchayats across the country with
broadband services.
For updated information, please visit www.ibef.org
PHYSICAL INFRASTRUCTURE – TELECOM
TRIPURA THE LAND OF PERMANENT SPRING
Performance Status of NOFN Project
(As of April 2016)
No. of GPs in Phase 1 1,021
Pipe laid (km) 1,440
Cable laid (km) 1,153
GPs for which cable laid 492
No. of GPs lit 75
Source: Ministry Of Communications And Information Technology
GP-Gram Panchayat
2222JANUARY 2017 For updated information, please visit www.ibef.org
DEVELOPMENT PROJECTS: URBAN INFRASTRUCTURE
TRIPURA THE LAND OF PERMANENT SPRING
Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), nine projects have been sanctioned, out of which three
have been completed. Under the annual budget 2016-17, the Government of Tripura proposed an outlay of US$ 50.01 million for
urban development in the state. The overall expenditure on the urban development sector is expected to be US$ 60.71 million during
2016-17.
As per state budget 2016-17, work on construction of four shelters for the urban homeless under NULM is expected to commence in
2016. Moreover, the state government also planned regarding placement of the urban poor, skill training as well as self employment
during 2016-17.
Source: JNNURM, Ministry of Urban Development, Government of India
N.A. Not Available
Infrastructure projects – Tripura
Project Name Type Sector Status Cost (US$ million)
Agartala Gas Turbine Power Project – Expansion Non-PPP Energy Completed 49.27
Agartala - Akhaura Railway Line Project Non-PPP Transport Under construction 41.80
Agartala-Subroom BG Railway Line Project Non-PPP Transport Under construction 288.81
Airport (Agartala) Project – Modernisation Non-PPP Transport Under construction 41.47
Baramura Power Project Non-PPP Energy Completed 16.09
Mega Food Park (Tripura) Non-PPP
Social and
commercial
infrastructure
Under construction 14.50
Monarchak Power Project Non-PPP Energy Under construction 103.35
Tripura Gas Pipeline Project Non-PPP Energy Under construction N.A.
Tripura Power Project PPP Energy Completed 663.57
2323JANUARY 2017
Tripura’s education statistics (2014-15)
Number of schools
Primary: 2,409
Senior basic:1,251
Secondary: 586
Higher secondary: 392
Dropout rate (%)
Class I-IV: 3.62
Class I-VIII: 3.46
Class IX-X: 22.06
Number of teachers
Primary (I-IV): 23,914
Middle (V-VIII): 12,903
Secondary (IX-X): 5,032
Higher secondary (XI-XII): 5,406
Tripura has a literacy rate of 87.2%; the male and female
literacy rates are 91.5% and 82.7%, respectively.
In 2014-15, Tripura had a total of 4,818 schools with an
enrolment of 800,565 students of which 20,016 were in pre-
primary, 3,74,462 were in primary, 202,753 were in upper
primary, 146,974 were in secondary and 56,360 were in
higher secondary.
In 2014-15, of the total number of students in the state, the
number of girls in the state totalled to 389,862 and Tripura
had 84 girls only schools. Over the same period, Tripura had
13,663 female teachers from the total 47,255 teachers.
The School Education Department of Tripura focuses on
achieving zero dropout and 100% retention in elementary
level of schooling in Tripura through Sarva Shiksha Abhiyan
(SSA) Scheme.
During 2015-16, the Government of Tripura divided the
school education department into Elementary and Secondary
Education Directorates for the upgradation of education
system in the state. Moreover, during 2016-17, the
government will focus on maximizing its efforts to set up
dining halls and kitchen sheds for providing mid-day meals
across various schools in the state.
For updated information, please visit www.ibef.org
SOCIAL INFRASTRUCTURE – EDUCATION … (1/2)
TRIPURA THE LAND OF PERMANENT SPRING
Source: Census 2011, Government of Tripura
Literacy rate (%)
Literacy rate 87.8
Male literacy 91.5
Female literacy 82.7
Source: Tripura State Portal, Government of Tripura
2424JANUARY 2017
As per budget 2016-17, the state government allocated
438.41 million for the education sector.
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 state government is encouraging several initiatives to
set up various educational complexes. The "Right of
Children to Free and Compulsory Education Act” has come
into effect to provide free and compulsory education to
children in the age group of 6-14 years in a neighbourhood
school.
In August 2015, the state government proposed a bill to set
up a university with the objective to boost higher education
in the state.
During 2015-16, the state legislature passed an act for
establishing a State University, MBB (Maharaja Bir Bikram)
University, which is expected to start from 2016-17
academic session. Moreover, the Polytechnic Institute at
TTAADC HQ, Khumulwng is also expected to commence
during 2016-17.
For updated information, please visit www.ibef.org
SOCIAL INFRASTRUCTURE – EDUCATION … (2/2)
TRIPURA THE LAND OF PERMANENT SPRING
Educational infrastructure (2015-16)
Universities 2
Engineering colleges 3
Government colleges 22
Medical colleges 2
Other professional and technical
colleges
10
Premier institutions in Tripura
• Maharaja Bir Bikram (MBB) College
• National Institute of Technology
• Tripura Institute of Technology
• Tripura University
Source: Tripura State Portal, Government of Tripura, State Budget 2016-17
2525JANUARY 2017
Health indicators (As of 2015-16)
Birth rate
1
21.4
Death rate
1
7
Infant mortality rate
2
40
The state has an online booking system, Swasthya
Sanchar, wherein health services offered at government
hospitals can be booked in advance through the Internet.
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 overall expenditure on health sector in the state,
during 2016-17, is estimated to be US$ 53.76 million.
During 2015-16, the state government took various
initiatives, including setting up of MRI machine in GBP
hospital, deployment of X-ray machines in IGM hospital,
commissioning of 3 new PHCs, etc.
SOCIAL INFRASTRUCTURE – HEALTH
TRIPURA THE LAND OF PERMANENT SPRING
For updated information, please visit www.ibef.org
Source: Sample Registration System (SRS) Bulletin, Tripura State Portal, State Budget 2016-17
Note: 1Per thousand persons, 2Per thousand live births, 3Up to June 2015,NA- Not Available
National Rural Health Mission (NRHM)
Allocated Released Expenditure
2012-13 2.46 1.28 2.19
2013-14 2.74 2.32 1.69
2014-15 2.68 2.04 2.16
2015-16
3
2.17 0.18 NA
Health infrastructure (2015-16)
Primary health centres 94
State Level hospitals 5
Specialty hospitals 1
Sub-centres 1,033
Community health centres 20
District hospitals 6
Sub-Divisional hospital 11
Further, during 2016-17, an initiative related to Teleradiology
is proposed to be launched by the state government for
enabling radiology services to the state’s people. Also, under
Swastha Bima Yojana, the benefit of Tripura Health
Insurance Scheme is expected to be extended to the state’s
various bedded health institutions.
2626JANUARY 2017
The diverse ethno-linguistic groups of Tripura have given rise to a composite culture that includes Bengali, Manipuri, Tripuris,
Jamatia, Reang, Noatia, Koloi, Murasing, Chakma, Halam, Garo, Kuki, Mizo, Mogh, Munda, Oraon, Santhal, and Uchoi.
Tripura has a cultural heritage of music, fine arts, handicrafts and dance. Music is an integral part of the lives of tribal people. There
are 19 tribes in Tripura that contribute to its cultural variety. In the state, a week long festival named “Kharchi” is celebrated with a lot
of splendour and vivacity.
Some of their indigenous instruments are sarinda (string instrument that looks like a peacock), chongpreng (a particular type of
plucked string instrument) and sumui (a kind of flute). Important dance forms include Garia, Jhum, Maimita, Masak Sumani, Lebang
Boomani, Hozagiri, Bizu, Hai-hak, Wangala and Cheraw.
Football and cricket are two popular sports of Tripura. Agartala has its own annual club football championships, where local clubs
compete in a league and knockout format. The Umakanta Academy Ground in Agartala is an important stadium in the state. As per
state budget 2016-17, a new scheme has been proposed by the state government under “Rural Sports” nomenclature, which aims
at involving the youth of rural areas into sports activities, for helping them in participating across various sport competitions.
Most fairs and festivals celebrated during the year are related to harvest seasons and are an integral part of the state’s culture.
Some of the festivals are Ashokastami Festival, Garia and Gajan Festival, Orange and Tourism Festival, Kharchi Festival, Rash
Festival and Pous Sankranti Festival. Tripura is noted for bamboo and cane handicrafts. Bamboo, wood and cane are used to
create an array of furniture, utensils, hand-held fans, replicas, mats, baskets, idols and interior decoration materials.
In order endorse the culture of Tripura, the state government has been working hard by taking care of every cultural activity
segment, especially the performing activities. For reinforcement of performing groups of various segments, the state government
has proposed to increase the expenditure during 2016-17.
For updated information, please visit www.ibef.org
CULTURAL INFRASTRUCTURE
TRIPURA THE LAND OF PERMANENT SPRING
Source: Tripura State Portal, State Budget 2016-17
2727JANUARY 2017 For updated information, please visit www.ibef.org
INDUSTRIAL INFRASTRUCTURE … (1/2)
TRIPURA THE LAND OF PERMANENT SPRING
Source: Tripura Industrial Development Corporation Limited
Industrial parks being developed at Bodhjungnagar
Name
Project cost
(US$ million)
Land (acres) Facilities
Rubber Park
(Completed)
3.82 58.8
Internal & external road network, developed plot & shed, power & water
supply, telecom, boundary wall, testing lab, sewage & drainage, and security
guard, etc.
Food Park
(Implemented)
1.17 30
Cold storage (1,500 metric tonnes), warehouse, quality control laboratory,
sorting, grading & packaging unit, bottle manufacturing unit and test house.
Export Promotion
Park
(Implemented)
1.66 126.1
Administrative block, internal & external road network, developed plot &
shed, power & water supply, telecom, boundary wall, sewage & drainage,
and security guard, among others.
Industrial Growth
Centre
(Implemented)
7.4 477
The common infrastructure includes internal roads, 132 KV sub-station,
natural gas supply network, water supply system and telecom network. The
project has been implemented.
Bamboo Park 4.81 69
Common facilities for bamboo-based industries comprise production
processes generic to enterprises, business development platforms, product
development and training centres.
In 2013, the Modified Industrial Infrastructure Upgradation Scheme (MIIUS) was approved by the Cabinet Committee on Economic
Affairs under the 12th Five Year Plan. The scheme was implemented with the objective to promote industrial growth, create
employment opportunities and technology upgradation by providing the states with quality infrastructure. Under the scheme,
Bodhjungnagar Industrial Area was approved in March 2015 at project cost of US$ 9.19 million, of which US$ 6.60 million was
granted by the central government. In addition, R.K. Nagar Industrial Area was accorded ‘in-principle’ approval under the scheme
and the central government would grant US$ 5.97 million of the overall US$ 8.67 million project cost.
2828JANUARY 2017 For updated information, please visit www.ibef.org
INDUSTRIAL INFRASTRUCTURE … (2/2)
TRIPURA THE LAND OF PERMANENT SPRING
Name of the industrial area Area (in acres) Location
Arundhutinagar industrial estate 9.39 Arundhutinagar, Tripura West
Badarghat industrial estate 20.32 Badarghat, Tripura West
Dukli industrial estate 37.50 Dukli, Tripura West
Bodhjungnagar growth centre 238.53 Bodhjungnagar, Tripura West
Bodhjungnagar export promotion industrial park 123.20 Bodhjungnagar, Tripura West
Food processing technology park 25.00 Bodhjungnagar, Tripura West
Kumarghat industrial estate 45.66 Kumarghat, Tripura North
Dharmanagar industrial estate 5.00 Dharmanagar, Tripura North
Dewanpassa integrated infrastructure development centre 45.00 Dewanpassa, Tripura North
Dhajnagar industrial estate 18.79 Dhajnagar, Tripura South
Source: Department of Industries and Commerce, Government of Tripura
2929JANUARY 2017 For updated information, please visit www.ibef.org
As of May 2015, the central government announced plans
to develop Agartala city, the capital of Tripura, as a smart
city of the 98 smart cities. In August 2015, the Government
of Tripura sanctioned US$ 0.33 million for the inception of
smart city project.
Agartala is one of the 500 nominated cities covered under
the Atal Mission For Rejuvenation And Urban
Transformation (AMRUT) urban development project. The
Government of India allocated US$ 0.16 million as funds
for administration and office expenses under AMRUT
guidelines.
SMART CITIES
TRIPURA THE LAND OF PERMANENT SPRING
Source: News Article & TechSci Research
3030JANUARY 2017
Resources, policy incentives, infrastructure and climate in the state support investments in sectors such as natural gas, food
processing, rubber, tea, bamboo, handloom and handicrafts, sericulture, tourism, IT and medicinal plants. Natural gas deposits are
among the most important reserves of Tripura’s natural resource base. In Tripura, the other mineral resources are glass sands,
limestone, plastic clay and hard rock; all of these materials are being used to a variable degree. Setting up of a new ceramic tiles
unit and other mineral based industries would be encouraged in the private sector.
Other potential sectors are organic spices, medicinal plants and bio-fuel. A state Bio-Fuel Mission has been implemented under the
State Department of Forest, Tripura. Favourable agro-climatic conditions, low use of chemicals and availability of various spices
offer opportunities for the development and procurement of the spices in the state.
For updated information, please visit www.ibef.org
KEY INDUSTRIES
TRIPURA THE LAND OF PERMANENT SPRING
Key industries in Tripura
• Natural gas
• Food processing
• Rubber
• Tea
• Bamboo
• Handloom and handicrafts
• Sericulture
• Tourism
• IT
• Medicinal plants
Source: Tripura Industries Development Corporation,
Department of Industries & Commerce (Government of Tripura), DIPP
Investment intentions in terms of
IEMs filed, LOIs/DILs issued
Year Number Proposed investments (US$ million)
2010-11 01 2.98
2011-12 03 11.77
2012-13 03 21.40
2013-14 03 9.95
2014-15 02 2.65
3131JANUARY 2017
Tripura has vast natural gas reserves. The gas is
available in a non-associate form, with high methane
content of about 97.0%. Concessional gas-pricing and
vast reserves offer potential for setting up industries in the
sector.
Natural gas is available in the Baramura hills and Rokhia.
Natural gas-based thermal plants have been set up in
both places. Natural gas is presently used mainly for
generating power and to some extent in domestic,
industrial, commercial and transport sectors. Emphasis
would be given for setting up industries (e.g., ammonia,
urea, methanol and 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
and other projects. Besides this, natural gas can also be
utilised as a cheaper source of energy for various energy-
intensive industrial projects.
For updated information, please visit www.ibef.org
KEY INDUSTRIES – NATURAL GAS
TRIPURA THE LAND OF PERMANENT SPRING
Source: Department of Industries & Commerce (Government of Tripura),
News Articles. MMSCMD: Million Metric Standard Cubic Metres Per Day,
BCM: Billion Cubic Metres
1April 2015 to September 2015
643.90 646.74
822.24
1,140.04
640.07
2011-12 2012-13 2013-14 2014-15 2015-16⁽¹⁾
Natural gas production in Tripura
3232JANUARY 2017 For updated information, please visit www.ibef.org
KEY INDUSTRIES – FOOD PROCESSING
TRIPURA THE LAND OF PERMANENT SPRING
Source: Tripura State Portal
Department of Industries & Commerce (Government of Tripura),
Ministry of Agriculture
MT: Metric Tonnes
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. In 2014-15, major spices produced in the
state were ginger (15,041 MT), turmeric (14,875 MT), chillies
(5,630 MT) and betel vine (7,507 MT).
As of 2014-15, the state has around 55 food processing units and
one operational mega food park, which is located at
Bodhjungnagar, West Tripura.
An agri-export zone for pineapples is also being developed. The
state also has potential in the meat processing sector. Tripura
implemented the National Food Security Act, 2013, in September
2015 and became the first state to implement the act in the entire
North East.
Sikaria Group, Kolkata based firm, will be signing an agreement
with pineapple growers for operation of its mega food park project
in Tripura.
Area of production of major fruits in Tripura
Crops Area (‘000 hectares)
Banana 13.64
Pineapple 11.59
Mango 10.55
Jackfruit 10.12
Orange 6.30
Lime/lemon 4.83
Food sector in Tripura
Food produced 2014-15 2013-14
Egg (lakh nos.) 1,979.49 1,794.28
Meat (‘000 tonnes) 34.25 32.39
Milk (‘000 tonnes 141.23 129.70
3333JANUARY 2017 For updated information, please visit www.ibef.org
KEY INDUSTRIES – NATURAL RUBBER
TRIPURA THE LAND OF PERMANENT SPRING
Tripura is the second largest natural rubber producer in the
country, after Kerala. As of March 2015, total area under
plantations was 61,231 hectares and the suitable area required for
the plantation of the rubber was 100,000 hectares.
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.
Natural rubber-based activities have been declared as a thrust
area due to their special significance to the state. With a total
plantation potential for 100,000 hectares, there is significant
potential for setting up rubber-based industries in the state.
The state government has set up a rubber park at Bodhjungnagar,
with technical support from the Rubber Board, Government of
India.
There is a vast scope of investment in sectors like auto parts,
footwear, tread rubber, vulcanised rubber, rubber band, rubber
cushion and mattress, latex thread, textile fabric, hoses etc.
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
2011-12 2012-13 2013-14 2014-15 2014-15 2015-16
3434JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
KEY INDUSTRIES – TEA
On the basis of volume of production, Tripura is the fifth largest among the 14 tea-producing states in India. Agro-climatic conditions in
Tripura are suitable for tea plantation. With an average annual rainfall of about 210 cm. with a fairly even distribution over the year,
state has a favourable environment for tea production.
Tripura holds a strong tea plantation base in India, 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, a gradual boost to the tea production in the state has been
witnessed. In 2014-15, tea production in the state stood at 9.5 million kg. Tripura is the fifth largest tea producing state in India after
Assam, West Bengal, Tamil Nadu and Kerala.
Source: Tripura State Portal, News Articles,
Tea Board of India, Department of Industries & Commerce
(Government of Tripura)
1From April-October 2015
Tea grown in Tripura is known for its good blending
qualities. Organic tea and green tea production have been
undertaken by some of the tea estates in the state. Tea
production is a growing industry in Tripura and provides a
considerable scope for investment.
There is a considerable scope to increase the area under
tea plantation as well as productivity in Tripura. There is
considerable scope for investment in the tea blending units
in state.
Durgabari Tea Estate at Sadar, Manu Valley Tea Garden at
Kailasahar, Ludhua Tea Estate at Sabroom and Devipur
Tea Garden at Bishalgarh are some of the important tea
gardens in the state.
965.07 955.82
798.39
2013-14 2014-15 2015-16⁽¹⁾
Tea production in North India (million kgs)
3535JANUARY 2017
KEY INDUSTRIES – BAMBOO…(1/2)
Tripura is endowed with rich and diverse bamboo resources. It is home to
21 species of bamboo of the 130 species available in India. The state has
an area of around 7,195 hectares for the plantation of bamboo. About 6%
of the entire country’s requirement for bamboo sticks for making incense
sticks is met from Tripura.
Barak (Bambusa balcooa), Bari (Bambusa polymorpha), Mritinga
(Bambusa tulda), Muli (Melocanna baccifera), Kali (Bambusa nutans),
Paora (Bambusa teres), Rupai (Dendrocalamus longispathus), Dolu
(Schizostachyum dullooa), Makal (Bambusa pallida), Pecha
(Dendrocalamus hamiltonii), Kailyai (Gigantochloa rostrata), Kanak kaich
(Bambusa affinis), Lanthi bans (Dendrocalamus strictus), Tetua (Bambusa
spp.), Ish (Bambusa spp.), Jai (Bambusa spp.), Bombash (Bambusa
spp.), Sairil/Wadu bamboo (Melocalamus compactiflorus) and Bosai
(Bambusa spp.) are the prominent bamboo species available in Tripura.
Bamboo is commercially used for crafts, mats, incense sticks, furniture,
home decor, baskets and bags. There is a potential to develop more
industrial products based on bamboos.
Tripura’s cane and bamboo handicrafts are considered to be among the
best in the country for their exquisite designs, wide range of products and
artistic appeal. The bamboo industry has a great export potential as well
This industry has a great export potential. A modern bamboo tiles factory
has been set up to boost the productive utilisation of the huge resource in
the state. Industrial products like laminated products, ply boards,
corrugated sheets, etc, can be produced and used as building materials.
The factory is located in Bodhjungnagar.
Source: Ministry of Agriculture, News articles
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
Studies have indicated that bamboo is a very
effective substitute for timber. The state
government established a Tripura Bamboo Mission
(TBM) in 2007 under public–private partnership
framework as an initiative for the integrated
development of the bamboo sector in Tripura. TBM
has a large focus on generating non-muli high
value adding bamboo plantations, especially as
private plantations and homestead plantations. This
has enabled the state to increase bamboo
production by threefold in the past three years.
From 2006-2007 to 2014-15, US$ 2.20 million was
released under the mission in Tripura.
0.12
0.18
0.33
0.19
2012-13 2013-14 2014-15 2015-16
Funds allocated under National Agroforestry &
Bamboo Mission
3636JANUARY 2017
KEY INDUSTRIES – BAMBOO…(2/2)
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
Source: Ministry of Agriculture
0.09
0.1
0.13
0.19
2012-13 2013-14 2014-15 2015-16
Funds released under National Agroforestry & Bamboo
Mission Bamboo production statistics 2014-15
Bamboo production area (hectares) under
National Bamboo Mission
7,195
Bamboo bearing area (Ha.) 3,24,600
Bamboo reserved forest area 6,29,400
Source: Ministry of Agriculture
1410
1215
390
2012-13 2013-14 2014-15
Approved area under National Afforestation Programme
(NAP) Scheme for bamboo production (in ha.)
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. During 2015-16, US$ 0.19 million was allocated
and released for the implementation of NABM scheme in
Tripura.
Source: Ministry of Agriculture
3737JANUARY 2017
Tripura’s handloom represents a unique harmonious blend of three
traditions: tribal, Bengali and Manipuri weaving. Tripura is known for
its cane and bamboo handicrafts. About 10,000 artisans are engaged
in the production of over 200 handicrafts products in the state.
Sericulture is an important occupation in the state. Around 4,500
beneficiaries are directly involved in this occupation. In 2015-16 (April-
June), silk production in the state stood at 15 MT. Further, the raw silk
production in the state during 2015-16 was recorded to be 52 MT.
In May 2015, an apparel and garment making centre foundation was
set up in Agartala and a silk processing and printing unit was
inaugurated. The setup of silk units is expected to boost sericulture in
the state and generate employment opportunities.
Under annual budget 2016-17, the total allocation for handloom,
handicraft and sericulture sector is recorded to be US$ 6.24 million.
Under schemes such as Integrated Handloom Development Scheme
(IHDS), Marketing and Export Promotion Scheme (MEPS) etc. there
has been a gradual increase in the funds released towards the
development of the handloom industry of the state. The released
funds increased from US$ 0.11 million in 2012-13 to US$ 0.58 million
in 2014-15.
For updated information, please visit www.ibef.org
KEY INDUSTRIES – HANDLOOM, HANDICRAFTS AND SERICULTURE
TRIPURA THE LAND OF PERMANENT SPRING
Khadi and village industry production and sales in
Tripura (in US$ million)
Source: Ministry of Micro, Small and Medium Enterprises
Source: Ministry of Textiles
18.9
21.6 22.6 21.9 20.8 20.3
26.5
29.5 29.1
18 17.11 16.8
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
Production Sales
0.747
0.402
0.530
0.373
2012-13 2013-14 2014-15 2015-16
Financial assistance to the handloom weavers (in US$ million)
3838JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
KEY INDUSTRIES – MEDICINAL PLANTS
Tripura has about 266 medicinal plants, 379 species of trees, 581
herbs, 320 shrubs,165 climbers, 16 climbing shrubs, 35 ferns and 45
epiphytes. There are around 18 rare plants and 266 species of
medicinal plants in the state (68 trees, 39 shrubs, 71 herbs and 88
climbers) in the state.
The pertinent tropical climatic conditions in the state support the
flourishing growth of various types of medicinal plants and other forest
resources scattered all over the state.
The state government has constituted the Medicinal Plant Board of
Tripura. A Medicinal Plant Policy has also been declared by the state
government.
Tripura Forest Development and Plantations Corporation Limited is
engaged in marketing of medicinal plants, with the main objective of
increasing income of local growers and ensuring sustainable economic
development through the cultivation of medicinal plants.
In 2014, National AYUSH Mission (NAM) was launched by the
Government of India to restructure the delivery mechanism of AYUSH
(Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy)
system and strengthen the AYUSH institutions with necessary
infrastructure. In 2014-15, US$ 0.63 million was allocated and US$
0.40 million was released for AYUSH mission in Tripura. While during
2015-16, US$ 0.49 million was allocated and US$ 0.24 million was
released under the mission for the state.
Source: Tripura State Portal, Ministry of AYUSH
National AYUSH Mission (centrally sponsored
scheme)
Year
Funds allocated
(US$ million)
Funds released
(US$ million)
2014-15 0.63 0.40
2015-16 0.49 0.24
National Mission of Medicinal Plants (NMMP)
(Centrally sponsored scheme)
Year
Funds allocated
(US$ million)
Funds released
(US$ million)
2014-15 0.09 0.09
3939JANUARY 2017 For updated information, please visit www.ibef.org
KEY INDUSTRIES – TOURISM
TRIPURA THE LAND OF PERMANENT SPRING
Source: Ministry of Tourism, Government of India
Number of domestic tourists visits (‘000) Number of foreign tourists visits (‘000)
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 50.4% from 2010-11 to 2014-15. Tripura’s tourism department recorded
revenues of US$ 251.01 thousand during 2014-15, which was less than US$ 313.98 thousand during 2013-14.
The state government has completed the manufacturing of Administrative and Academic building during 2015-16, to fulfil the creation
of State Institute of Hotel Management & Catering Technology in the state. Moreover, the Bhramakunda’s and Chhabimura’s
Destination Development Projects have also been launched in the state during 2015-16.
During 2016-17, the state government would initiate the work on Destination Development project of Golaghati, Narikel Kunj, etc. as
well as the Light and Sound Show in Agartala through ITDC.
342.27
359.52
361.79
359.59 361.25 363.18
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
5.21 6.05
7.84
11.85
26.69
34.89
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
4040JANUARY 2017 For updated information, please visit www.ibef.org
KEY INDUSTRIES – IT
TRIPURA THE LAND OF PERMANENT SPRING
Educated and low-cost human resources available in the state make it attractive to the IT industry.
In August 2015, the first IT hub in the North East was commissioned in Tripura. As the state is connected to Bangladesh
through a submarine cable, the state will be witnessing high speed internet connectivity.
Tripura is considered the second best IT destination in the Northeast, after Guwahati, with a potential for setting up IT-
enabled services.
The availability of IT trained manpower in the state has significantly improved over the years. The annual intake capacity of
the IT courses being run by universities and colleges in Tripura alone works out to about 1,500 persons, of which the
engineering courses in IT account for annual intake capacity of about 300 candidates.
During 2015-16, 13 online services were inaugurated in the state under e-District project. Further, an incubation centre is
also being set up for encouraging the IT entrepreneurship in the state.
During 2016-17, a service delivery based on cloud will be established in Tripura State Data Centre, which will deliver better
management, on-demand self-service, etc. across various Departments of the state. Moreover, the extension of broadband
internet connectivity across various Tehsil offices of the state will be done in 2016-17.
From January 2017 onwards, all government related transactions and payments would be made online. The move is
expected to assist in opening up of bank accounts of the 15,000 workers, working in the tea gardens of Tripura.
Source: Tripura State Portal
4141JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
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
4242JANUARY 2017
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.org
TRIPURA THE LAND OF PERMANENT SPRING
KEY INVESTMENT PROMOTION OFFICES
4343JANUARY 2017
Agency Contact information
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.org
TRIPURA THE LAND OF PERMANENT SPRING
CONTACT LIST
4444JANUARY 2017
Cost parameter Cost estimate Source
Hotel costs (per room per night) US$ 35 to US$ 80 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 (minimum wages per day) US$ 2.2 -2.7
Ministry of Labour and Employment,
Government of India
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
COST OF DOING BUSINESS IN TRIPURA
4545JANUARY 2017
North East Industrial and Investment Promotion Policy (NEIIPP), 2007
• 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,
Read more
Objective
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.
Read more
Objectives
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
STATE ACTS & POLICIES … (1/2)
Eco Tourism Policy 2004
• To promote sustainable use and management of natural forests and wildlife resources.
• To create employment opportunities and generate revenues for the state.
Read more
Objective
4646JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
STATE ACTS & POLICIES … (2/2)
Tripura Medicinal Plant Policy
• 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.
Read more
Objective
IT Policy of Tripura, 2000
• 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
Read more
Objectives
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.
Read more
Objective
4747JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
INCENTIVES
Agency Description
IT industry
• Partial reimbursement at 20% of floor space rentals, actually paid by IT enterprises.
• Reimbursements subject to a maximum limit of US$ 0.05 million per annum.
Government tenders
• Eighty-five% exempted from the payment of earnest money and security deposits on
tenders floated by the state government department/agencies.
• Procurement preference at 15% on purchases in tendering process by the state
government department/agencies subject to at least 30% value addition within the
state.
Capital investment subsidy to
SC, ST and women
• Capital investment subsidy of 30% and additional subsidy of 2.5% 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 90% 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.
4848JANUARY 2017 For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
EXCHANGE RATES
Exchange rates (Fiscal Year)
Year INR equivalent of one US$
2004-05 44.81
2005-06 44.14
2006-07 45.14
2007-08 40.27
2008-09 46.14
2009-10 47.42
2010-11 45.62
2011-12 46.88
2012-13 54.31
2013-14 60.28
2014-15 60.28
2015-16 65.46
Source: RBI
4949JANUARY 2017
India Brand Equity Foundation (“IBEF”) engaged TechSci to prepare this presentation and the same has been
prepared by TechSci 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 TechSci and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever
as a substitute for professional advice.
TechSci 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 TechSci 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.
For updated information, please visit www.ibef.org
TRIPURA THE LAND OF PERMANENT SPRING
DISCLAIMER

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Tripura State Report - January 2017

  • 1. 11JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING JANUARY 2017
  • 2. 22JANUARY 2017  Executive Summary………………..….......3  Advantage State………………….…..........5  North East Region Vision 2020…….…….6  Tripura – An Introduction………….….......7  Budget ………………………...………..…16  Infrastructure Status……….....................17  Business Opportunities……....................30  Doing Business in Tripura…...................41  State Acts & Policies……………….…...45 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING JANUARY 2017
  • 3. 33JANUARY 2017 For updated information, please visit www.ibef.org EXECUTIVE SUMMARY … (1/2) Source: Ministry of Agriculture, Tripura State Portal TRIPURA THE LAND OF PERMANENT SPRING Largest bamboo producing hub in India • 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. Strong natural rubber production base • Tripura is the second largest natural rubber producer in the country, after Kerala. As of March 2015, total area under plantations was 61,231 hectares and the suitable area required for the plantation of the rubber was 100,000 hectares. Fifth largest tea producing state • 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 2014-15, tea production in the state stood at 9.5 million kg. Unique cultural mix in handicraft art • A unique harmonious blend of three traditions (tribal, Bengali and Manipuri weaving) can be seen in Tripura’s handicrafts. The state is known for its unique cane and bamboo handicrafts. Untapped resources provided growth potential • Tripura has several potential, yet relatively unexplored sectors such as organic spices, bio-fuel and eco-tourism. It is rich in natural resources such as natural gas, rubber, tea and medicinal plants. The state is also known for its vibrant food processing, bamboo and sericulture industries.
  • 4. 44JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING Offers international trade opportunities • Tripura acts as a gateway between Northeast India and Bangladesh. The state shares a 856-km international border with Bangladesh. This offers enormous potential for international trade. Food processing hub in Northeast • 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, and an agri-export zone for pineapples. The state also has potential in the meat-processing sector. EXECUTIVE SUMMARY … (2/2) Source: Tripura State Portal, News Articles, Department of Industries & Commerce (Government of Tripura), Ministry of Agriculture Treasure of natural medicine • Tripura has about 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs,165 climbers, 16 climbing shrubs, 35 ferns and 45 epiphytes. The pertinent tropical climatic conditions in the state supports the flourishing growth of various types of the medicinal plant and other forest resources scattered all over the state.
  • 5. 55JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING Growing demandTourism 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 and bio-diversity treasure trove of wildlife sanctuaries Untapped resources and medical plants • Tripura has several potential, but unexplored sectors such as organic spices, bio-fuels and eco-tourism. • The state has a wide variety of medical plants. It has 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs and 165 climbers. Policy and infrastructure support • Tripura has a wide range of fiscal and policy incentives for businesses under the Tripura Industrial Investment Promotion Incentive Scheme, 2012. • Developing infrastructure, improved rail & air connectivity, and establishment of trade routes have facilitated trade. Availability of skilled workforce • Tripura has a large base of skilled labour, making it an ideal destination for knowledge sectors. At 87.8%, its literacy rate is higher than the national average rate. • The state has institutes such as National Institute of Technology (NIT) and Tripura Institute of Technology (TIT), which provide skilled manpower to various industries. 2015-16 GSDP at current prices: US$ 5.20 billion 2015-16 Per capita GSDP at current prices: US$ 1,406.7 Advantage Tripura ADVANTAGE: TRIPURA
  • 6. 66JANUARY 2017 For updated information, please visit www.ibef.org NORTH EAST REGION VISION 2020 TRIPURA THE LAND OF PERMANENT SPRING 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 9.5% and per capita GSDP by 7.3% 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. Source: NER Vision 2020 HYV: High Yielding Variety
  • 7. 77JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA FACT FILE 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. 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: Government of Tripura website, Census 2011 Parameters Tripura Capital Agartala Geographical area (sq km) 10,491 Administrative districts (No) 4 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 (%) 87.8 TRIPURA THE LAND OF PERMANENT SPRING
  • 8. 88JANUARY 2017 Parameter Tripura All states Source Economy 2015-16 2015-16 GSDP as a percentage of all states’ GSDP 0.22 100.0 TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura GSDP growth rate (%) 12.73 8.64 TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura Per capita GSDP (US$) 1,406.7 1546 TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura Physical Infrastructure Installed power capacity (MW) 676.50 304,505.75 Central Electricity Authority, as of June 2016 Wireless subscribers (No) 11,105,770 1 1,033,157,014 Telecom Regulatory Authority of India, as of May 2016 Internet subscribers (No) 3,900,0001 334,340,000 Telecom Regulatory Authority of India, as of January 2016 National highway length (km) 577 100,087.08 NHAI & Roads and Building Department Airports (No) 01 125 Airports Authority of India 1Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING TRIPURA IN FIGURES … (1/2)
  • 9. 99JANUARY 2017 Parameter Tripura All states Source Social Indicators Literacy rate (%) 87.8 73.0 Census, 2011 Birth rate (per 1,000 population) 21.4 21.6 SRS Bulletin Investment FDI equity inflows (US$ billion) 0.0941 288.51 Department of Industrial Policy & Promotion, From April 2000 to March 2016 1FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura For updated information, please visit www.ibef.org TRIPURA IN FIGURES … (2/2) TRIPURA THE LAND OF PERMANENT SPRING
  • 10. 1010JANUARY 2017 At current prices, Tripura’s gross state domestic product (GSDP)* stood at around US$ 5.20 billion in 2015-16. GSDP increased at a compound annual growth rate (CAGR) of 9.13% between 2004-05 and 2015-16. Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura GSDP* - Geometric mean of YoY calculation from 2004-05 to 2014-15 Per Capita GSDP^ - calculated using GSDP million USD / Population in million GSDP of Tripura at current prices (in US$ billion) For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – GSDP TRIPURA THE LAND OF PERMANENT SPRING The state’s per capita GSDP^ was US$ 1,406.7 in 2015-16 compared with US$ 593.2 during 2004-05. Per capita GSDP increased at a CAGR of 8.17% between 2004-05 and 2015-16. GSDP per capita of Tripura at current prices (in US$) 1.99 2.23 2.42 2.93 2.94 3.25 3.92 4.48 4.39 5.2 4.55 5.20 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 593 657 704 843 837 913 1,088 1,229 1,193 1,156 1,012 1,406.7 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
  • 11. 1111JANUARY 2017 Tripura’s net state domestic product (NSDP)# was about US$ 4.47 billion during 2015-16. NSDP increased at a CAGR of 8.5% between 2004-05 and 2015-16. NSDP of Tripura at current prices (in US$ billion) For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP TRIPURA THE LAND OF PERMANENT SPRING Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura NSDP# - calculated using per capita NSDP x Population in million per capita NSDP& - Geometric mean of YoY calculation from 2004-05 to 2014-15 NSDP per capita of Tripura at current prices (in US$) Tripura’s per capita NSDP& was US$ 1,207 in 2015-16 compared with US$ 543 during 2004-05. Per capita NSDP increased at an average rate of 7.54% between 2004-05 and 2015-16. 1.82 2.05 2.21 2.68 2.71 2.99 3.63 4.2 4.13 4.31 3.83 4.47 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 543 604 643 771 771 840 1,008 1,153 1,122 958 853 1,207 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
  • 12. 1212JANUARY 2017 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 51.27% to the state’s GSDP, followed by primary (32.99%) and secondary (15.74%) sectors. The tertiary sector grew at a CAGR of 11.83% between 2004-05 and 2015-16. The increase was driven by growth in trade, hotels, real estate, finance, insurance, transport, communications and other services sub-sectors. The primary sector rose at a CAGR of 14.54% between 2004-05 and 2015-16. The secondary sector registered a CAGR of 7.41% between 2004-05 and 2015-16. This was driven by growth in manufacturing, construction, and electricity, gas and water supply sub-sectors. GSDP composition by sector For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – PERCENTAGE DISTRIBUTION OF GSDP TRIPURA THE LAND OF PERMANENT SPRING Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Tripura Sector-wise % share of GSDPµ -Geometric mean of YoY calculation from 2004-05 to 2014-15 26.50% 32.99% 22.80% 15.74% 50.70% 51.27% 2004-05 2015-16 Primary Sector Secondary Sector Tertiary Sector CAGR 14.54% 11.83% 7.41%
  • 13. 1313JANUARY 2017 Tripura is an agrarian state with more than half of the population dependent on agriculture and allied activities. Rice, the major crop of the state, is cultivated in 91% of the cropped area. Tripura is the second largest natural rubber producer in the country, after Kerala. Tripura has significant biodiversity, with 266 species of medicinal plants. A variety of horticultural and plantation crops are produced in the state. Major plantation crops include coconut, arecanut, oil palm, cashew, tea, coffee and rubber. The special focus is being given to value addition to non-timber forestry products and promotion of the bamboos for giving more economic return to rural people. The state is estimated to have an area of around 7,195 hectares for the plantation of bamboo during 2014-15. Around US$ 0.33 million in funds have been released under National Agroforestry & Bamboo Mission (NABM) towards the development of bamboo production. As per budget 2016-17, the state government is aiming to intensify foodgrain production in the state with an additional 50 thousand MT quantity during 2016- 17. However, during 2015-16, for the foodgrain production, profitability of farmers, etc., the state government initiated the “Crop Diversification” programme which includes the Hybrid paddy and HYV paddy cultivation through SRI (System of Rice Intensification). The Government of Tripura announced plans to increase the horticulture crop production to 2.33 million MT by the end of 12th five year plan under Horticulture Development scheme (2013-17). During 2015-16, an area of 361.8 thousand hectares was brought under fruit cultivation and 179.7 thousand hectares was brought under vegetable cultivation. For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING ECONOMIC SNAPSHOT – AGRICULTURAL PRODUCTION …(1/2) Production of horticulture crops (2015- 16) Year Production (‘000 MT) Fruits 680.1 Vegetables 441.2 Onion 2.59 Plantation crops 321 Horticulture crops 1,662.21 Source: Ministry of Agriculture, Tripura State Portal, Note: 12014-15
  • 14. 1414JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING ECONOMIC SNAPSHOT – AGRICULTURAL PRODUCTION …(2/2) Area expansion for various horticulture crops under HMNEH and MIDH in Tripura 7790 8830 8271 20160 12964 10185 5473 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 Source: Mission for Integrated Development of Horticulture (MIDH) and Mission for Integrated Development of Horticulture (MIDH) Horticulture crop production in Tripura 1503.5 1617.1 1216.5 2012-13 2013-14 2014-15 During 2015-16, the Government of India allocated US$ 4.64 million under the horticulture mission for the development of horticulture sector including fruits, vegetables, root and tuber crops, mushrooms, spices, flowers, aromatic plants, coconut, cashew, cocoa and bamboo in the north east and Himalayan states . Moreover, the production of fruits and vegetables was recorded to be 680.1 thousand tonnes and 441.2 thousand tonnes, respectively, during 2015-16. On the account of growing demand for pineapples in the state, 910 hectares of land was brought under pineapple cultivation during 2015-16. As per the state budget 2016-17, for the cultivation of off-season vegetables in the state, 700 hectares of land will be taken up during 2016-17. Moreover, the outlay proposed by the state government under the agriculture sector is US$ 116.38 million.
  • 15. 1515JANUARY 2017 According to the Department of Industrial Policy & Promotion (DIPP), FDI inflows1 to the Northeast states reached US$ 94 million from April 2000 to March 2016. For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – FDI INFLOWS & INVESTMENTS TRIPURA THE LAND OF PERMANENT SPRING 1FDI data for the Guwahati-region includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura 2From April 2015-September 2015 54.67 12.81 11.06 11.74 6.33 3.39 Central Assistance State's Share of Central Taxes State's Revenue Loans Non-Plan Assistance 60.1 26.2 5.6 4.83.2 Others Salaries Pension Interest Payment Repayment of Loans Break-up of fund inflows in Tripura, 2014-15 Break-up of fund’s outflows in Tripura, 2014-15 Source: Tripura State Portal FDI equity inflows, 2008-09 to 2015-16 (US$ million)2 42 11 8 1 5 1 5 10 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
  • 16. 1616JANUARY 2017 For 2016-17, the Government of Tripura has a planned expenditure of US$ 2,329.13 million. For updated information, please visit www.ibef.org ANNUAL BUDGET 2016-17 TRIPURA THE LAND OF PERMANENT SPRING For updated information, please visit www.ibef.org Major heads of development Budget allocation (US$ million) Percentage FD (Pension & debt servicing & others) 535.99 23.01 Education (school, higher, SW & YAS) 438.41 18.82 Public works (Roads & Buildings, public health engineering & water resources) 239.31 10.27 Home (police, jail & fire services) 191.27 8.21 Rural Development & Panchayat 340.06 14.60 Health & family welfare 109.60 4.71 Agriculture (Agri & allied activities) 116.39 5.00 Tribal Welfare (Tribal Rehabilitation in Plantation & Primitive Tribal Groups + Tribal Research) 61.33 2.63 Power 19.26 0.83 Planning & coordination 34.63 1.49 Revenue 35.91 1.54 Others 206.97 8.89 Source: State Budget 2016-17, Finance Department, Government of Tripura
  • 17. 1717JANUARY 2017 For updated information, please visit www.ibef.org The Tripura Road Transport Corporation (TRTC) provides state road transport services. TRTC operates 39 buses and 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 2015, PWD sanctioned the construction of two new national highways in Tripura with lengths of 157.7 km and 22.9 km. Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in 2000 with the objective of connecting eligible rural habitats. During 2015-16- up to October 2015, under PMGSY, US$ 27.80 million was allocated and US$ 18.47 million were released to Tripura. During 2015-16, the state government declared 108 km long Teliamura-Sabroom road and 53 km long Kukital to Kailashahar road as National Highways and is aiming in closing the work over 30 permanent bridges, enhancing the 250 km long roads as well as repairing and renovation of remaining National Highway portions during 2016-17. In July 2016, the government decided to invest US$ 588.36 million in road projects in Tripura through PWD and the National Highways and Infrastructure Development Corporation Ltd (NHIDCL). Source: Ministry of Road Transport & Highways, PMGSY TRIPURA THE LAND OF PERMANENT SPRING PHYSICAL INFRASTRUCTURE – ROADS Road infrastructure –2015-16 Road type Length in km National highways 577 State highways 532 Major district roads 90 Other district roads 1,195 Village roads 9,674 Pradhan Mantri Gram Sadak Yojana (PMGSY) (During 2015-16- up to October 2015) Habitants benefitted (No.) 9 Length completed (km) 7.85
  • 18. 1818JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING PHYSICAL INFRASTRUCTURE – RAILWAYS & AIRPOTS As of 2014-15, the railway route length in the state was around 153 km. Major railway stations are located in Agartala, Dharmanagar and Kumarghat. A 15-km metre-gauge railway line has been proposed between Akhaura (Bangladesh) and Agartala (Tripura). As of June 2015, NITI Aayog announced plans to commission this project. The project is expected to be completed by 2017. In September 2015, Northeast Frontier Railway (NFR) started implementation of Mega Block Scheme with the objective of converting meter gauge railway tracks into broad gauges. In October 2015, the state government launched Mega Block Scheme for broad gauge conversion of Badarpur-Kumarghat-Agartala railway section. Further, the government has also demanded for a Rajdhani train in the state, which will connect Agartala with New Delhi, as per the state budget 2016-17. Tripura has a domestic airport at Agartala, known as C.A. Agartala Airport, that is the second busiest airport in north east India. The airport is administered by the Airports Authority of India and is located 12 km southeast of Agartala city. During 2015-16, the Airports Authority of India (AAI) took up the modernisation work of Agartala airport project, for which the state government has allotted 75.726 acres of land to AAI. In addition to this, the state government also demanded for the operationalization of Kamalpur as well as Kailashahar airports. Source: Economic Review of Tripura 2014-15, Airport Authority of India, 1Up to September 2015 Agartala airport 2013-14 2014-15 2015-16 Total passenger traffic 824,000 879,182 921,591 Aircraft movement (nos.) 8,066 7,612 7,158 Cargo handled (tonnes) 6,603 5,681 5,456
  • 19. 1919JANUARY 2017 As of June 2016, Tripura had a total installed power generation capacity of 676.50 MW, of which 185.51 MW was under state utilities, 485.99 MW was under central and 5 MW was under private sector. Of the total installed capacity, 593.12 MW was contributed by thermal power, 62.37 MW by hydropower and 21.01 MW by renewable resources as of June 2016. Tripura State Electricity Corporation Limited was incorporated in 2004 and is responsible for generation, transmission and distribution of power in the state. After the first thermal unit under Palatana Project started commercial production, Tripura has become a power surplus state, with 50 MW of surplus production during peak hours and 100 MW of surplus production during off peak hours. ONGC announced in October 2015 that it will be exporting power from Palatana project to Tamu town in Myanmar. EESL, Energy Efficiency Services Limited, is planning to install an energy-efficient street light system worth US$ 2.74 million, in 19 towns across Tripura. The authority has already installed LED lights in 23 cities of the state under the same system, which helped the Agartala Municipal Corporation (AMC) in reducing energy costs. Source: Central Electricity Authority, Installed power capacity (MW) For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – POWER…(1/2) TRIPURA THE LAND OF PERMANENT SPRING In February 2015, Northeast India’s first solar power plant was initiated at Monarchak in western Tripura. The installation cost of the plant was US$ 6.64 million. Under annual budget 2016-17, Government of Tripura proposed an outlay of US$ 19.25 million for power sector. During 2014-15 and 2015-16, expenditure of power sector was US$ 15.19 million and US$ 40.42 million, respectively. 243.4 244.1 265.0 265.0 412.1 433.1 627.1 676.5 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
  • 20. 2020JANUARY 2017 For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – POWER…(2/2) TRIPURA THE LAND OF PERMANENT SPRING The rural areas or villages are electrified in the state under a scheme launched in 2015, “Deendayal Upadhyaya Gram Jyoti Yojana”. The operational electrification scheme, that is, Rural Electricity infrastructure and Household. Electrification, was subsumed in the new scheme. As of 31st October, 2015, 4 projects were closed in Tripura under Rural Electricity infrastructure and Household out of a total 12 projects. For 12 electrification projects, US$ 84.43 million was sanctioned and 44% of the sanctioned amount was released. World Bank has cleared a loan of US$ 470 million, for facilitating extension of last mile electricity connections to households and strengthening the capacity of state-level power departments, across six north eastern states including Tripura. Status of rural electrification in Tripura (as on November 2015) Area type Nos. Total villages 863 Electrified villages 837 Total rural households 607,000 Electrified rural households 335,000 Un-electrified rural households 272,000 Status of rural electrification in Tripura under DDUGJY scheme (as on November 2015) Area type Nos. Intensively electrified villages 652 Electrified BPL households 116,312 Source: Deendayal Upadhyaya Gram Jyoti Yojana Under Deendayal Upadhyaya Gram Jyoti Yojana scheme, 8 new projects have been sanctioned until now for US$ 60.28 million. During 2015-16, the state government completed construction of transmission line of 400 kv between Surjyamaninagar, and South Komilla, through which Bangladesh will be supplied with 100 MW of power by the state of Tripura. In February 2016, ONGC board approved an investment of US$ 808.99 million in Tripura for drilling of wells and creation of surface facilities to produce 5.1 mmscmd gas, annually, from oil fields in the state. Source: Deendayal Upadhyaya Gram Jyoti Yojana
  • 21. 2121JANUARY 2017 Telecom Infrastructure (as of May 2016) Wireless subscribers (1) 11,105,770 Wire-line subscribers (1) 123,420 Internet subscribers (1) 3,900,000 2 Rural internet subscribers (1) 2,040,000 2 Urban internet subscribers (1) 1,860,000 2 Source: TRAI, press release, May 2015, 1Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura, 2As of June 2015 Tripura was the sixth state in the country and the first state in the Eastern and Northeastern region to complete State Wide Area Network (SWAN). As of May 2016, the North East region had 123,270 wireline subscribers for BSNL and 1,566,834 BSNL wireless subscribers. According to Telecom Regulatory Authority of India (TRAI), Northeast had a total of 11.1 million wireless subscribers and 123 thousand wireline subscribers as of May 2016. By the end of May 2016, 428,952 subscribers had submitted request for mobile number portability in the Northeast. Moreover, total tele-density in the Northeast region was recorded to be 80.3% as of May 2016. The total number of post offices in the Northeast, as of December 2015, was recorded at 2,920. The Department of Telecommunications (DoT) initiated a project in 2011, the National Optical Fibre Network (NOFN), with an aim of connecting 250,000 gram panchayats across the country with broadband services. For updated information, please visit www.ibef.org PHYSICAL INFRASTRUCTURE – TELECOM TRIPURA THE LAND OF PERMANENT SPRING Performance Status of NOFN Project (As of April 2016) No. of GPs in Phase 1 1,021 Pipe laid (km) 1,440 Cable laid (km) 1,153 GPs for which cable laid 492 No. of GPs lit 75 Source: Ministry Of Communications And Information Technology GP-Gram Panchayat
  • 22. 2222JANUARY 2017 For updated information, please visit www.ibef.org DEVELOPMENT PROJECTS: URBAN INFRASTRUCTURE TRIPURA THE LAND OF PERMANENT SPRING Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), nine projects have been sanctioned, out of which three have been completed. Under the annual budget 2016-17, the Government of Tripura proposed an outlay of US$ 50.01 million for urban development in the state. The overall expenditure on the urban development sector is expected to be US$ 60.71 million during 2016-17. As per state budget 2016-17, work on construction of four shelters for the urban homeless under NULM is expected to commence in 2016. Moreover, the state government also planned regarding placement of the urban poor, skill training as well as self employment during 2016-17. Source: JNNURM, Ministry of Urban Development, Government of India N.A. Not Available Infrastructure projects – Tripura Project Name Type Sector Status Cost (US$ million) Agartala Gas Turbine Power Project – Expansion Non-PPP Energy Completed 49.27 Agartala - Akhaura Railway Line Project Non-PPP Transport Under construction 41.80 Agartala-Subroom BG Railway Line Project Non-PPP Transport Under construction 288.81 Airport (Agartala) Project – Modernisation Non-PPP Transport Under construction 41.47 Baramura Power Project Non-PPP Energy Completed 16.09 Mega Food Park (Tripura) Non-PPP Social and commercial infrastructure Under construction 14.50 Monarchak Power Project Non-PPP Energy Under construction 103.35 Tripura Gas Pipeline Project Non-PPP Energy Under construction N.A. Tripura Power Project PPP Energy Completed 663.57
  • 23. 2323JANUARY 2017 Tripura’s education statistics (2014-15) Number of schools Primary: 2,409 Senior basic:1,251 Secondary: 586 Higher secondary: 392 Dropout rate (%) Class I-IV: 3.62 Class I-VIII: 3.46 Class IX-X: 22.06 Number of teachers Primary (I-IV): 23,914 Middle (V-VIII): 12,903 Secondary (IX-X): 5,032 Higher secondary (XI-XII): 5,406 Tripura has a literacy rate of 87.2%; the male and female literacy rates are 91.5% and 82.7%, respectively. In 2014-15, Tripura had a total of 4,818 schools with an enrolment of 800,565 students of which 20,016 were in pre- primary, 3,74,462 were in primary, 202,753 were in upper primary, 146,974 were in secondary and 56,360 were in higher secondary. In 2014-15, of the total number of students in the state, the number of girls in the state totalled to 389,862 and Tripura had 84 girls only schools. Over the same period, Tripura had 13,663 female teachers from the total 47,255 teachers. The School Education Department of Tripura focuses on achieving zero dropout and 100% retention in elementary level of schooling in Tripura through Sarva Shiksha Abhiyan (SSA) Scheme. During 2015-16, the Government of Tripura divided the school education department into Elementary and Secondary Education Directorates for the upgradation of education system in the state. Moreover, during 2016-17, the government will focus on maximizing its efforts to set up dining halls and kitchen sheds for providing mid-day meals across various schools in the state. For updated information, please visit www.ibef.org SOCIAL INFRASTRUCTURE – EDUCATION … (1/2) TRIPURA THE LAND OF PERMANENT SPRING Source: Census 2011, Government of Tripura Literacy rate (%) Literacy rate 87.8 Male literacy 91.5 Female literacy 82.7 Source: Tripura State Portal, Government of Tripura
  • 24. 2424JANUARY 2017 As per budget 2016-17, the state government allocated 438.41 million for the education sector. 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 state government is encouraging several initiatives to set up various educational complexes. The "Right of Children to Free and Compulsory Education Act” has come into effect to provide free and compulsory education to children in the age group of 6-14 years in a neighbourhood school. In August 2015, the state government proposed a bill to set up a university with the objective to boost higher education in the state. During 2015-16, the state legislature passed an act for establishing a State University, MBB (Maharaja Bir Bikram) University, which is expected to start from 2016-17 academic session. Moreover, the Polytechnic Institute at TTAADC HQ, Khumulwng is also expected to commence during 2016-17. For updated information, please visit www.ibef.org SOCIAL INFRASTRUCTURE – EDUCATION … (2/2) TRIPURA THE LAND OF PERMANENT SPRING Educational infrastructure (2015-16) Universities 2 Engineering colleges 3 Government colleges 22 Medical colleges 2 Other professional and technical colleges 10 Premier institutions in Tripura • Maharaja Bir Bikram (MBB) College • National Institute of Technology • Tripura Institute of Technology • Tripura University Source: Tripura State Portal, Government of Tripura, State Budget 2016-17
  • 25. 2525JANUARY 2017 Health indicators (As of 2015-16) Birth rate 1 21.4 Death rate 1 7 Infant mortality rate 2 40 The state has an online booking system, Swasthya Sanchar, wherein health services offered at government hospitals can be booked in advance through the Internet. 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 overall expenditure on health sector in the state, during 2016-17, is estimated to be US$ 53.76 million. During 2015-16, the state government took various initiatives, including setting up of MRI machine in GBP hospital, deployment of X-ray machines in IGM hospital, commissioning of 3 new PHCs, etc. SOCIAL INFRASTRUCTURE – HEALTH TRIPURA THE LAND OF PERMANENT SPRING For updated information, please visit www.ibef.org Source: Sample Registration System (SRS) Bulletin, Tripura State Portal, State Budget 2016-17 Note: 1Per thousand persons, 2Per thousand live births, 3Up to June 2015,NA- Not Available National Rural Health Mission (NRHM) Allocated Released Expenditure 2012-13 2.46 1.28 2.19 2013-14 2.74 2.32 1.69 2014-15 2.68 2.04 2.16 2015-16 3 2.17 0.18 NA Health infrastructure (2015-16) Primary health centres 94 State Level hospitals 5 Specialty hospitals 1 Sub-centres 1,033 Community health centres 20 District hospitals 6 Sub-Divisional hospital 11 Further, during 2016-17, an initiative related to Teleradiology is proposed to be launched by the state government for enabling radiology services to the state’s people. Also, under Swastha Bima Yojana, the benefit of Tripura Health Insurance Scheme is expected to be extended to the state’s various bedded health institutions.
  • 26. 2626JANUARY 2017 The diverse ethno-linguistic groups of Tripura have given rise to a composite culture that includes Bengali, Manipuri, Tripuris, Jamatia, Reang, Noatia, Koloi, Murasing, Chakma, Halam, Garo, Kuki, Mizo, Mogh, Munda, Oraon, Santhal, and Uchoi. Tripura has a cultural heritage of music, fine arts, handicrafts and dance. Music is an integral part of the lives of tribal people. There are 19 tribes in Tripura that contribute to its cultural variety. In the state, a week long festival named “Kharchi” is celebrated with a lot of splendour and vivacity. Some of their indigenous instruments are sarinda (string instrument that looks like a peacock), chongpreng (a particular type of plucked string instrument) and sumui (a kind of flute). Important dance forms include Garia, Jhum, Maimita, Masak Sumani, Lebang Boomani, Hozagiri, Bizu, Hai-hak, Wangala and Cheraw. Football and cricket are two popular sports of Tripura. Agartala has its own annual club football championships, where local clubs compete in a league and knockout format. The Umakanta Academy Ground in Agartala is an important stadium in the state. As per state budget 2016-17, a new scheme has been proposed by the state government under “Rural Sports” nomenclature, which aims at involving the youth of rural areas into sports activities, for helping them in participating across various sport competitions. Most fairs and festivals celebrated during the year are related to harvest seasons and are an integral part of the state’s culture. Some of the festivals are Ashokastami Festival, Garia and Gajan Festival, Orange and Tourism Festival, Kharchi Festival, Rash Festival and Pous Sankranti Festival. Tripura is noted for bamboo and cane handicrafts. Bamboo, wood and cane are used to create an array of furniture, utensils, hand-held fans, replicas, mats, baskets, idols and interior decoration materials. In order endorse the culture of Tripura, the state government has been working hard by taking care of every cultural activity segment, especially the performing activities. For reinforcement of performing groups of various segments, the state government has proposed to increase the expenditure during 2016-17. For updated information, please visit www.ibef.org CULTURAL INFRASTRUCTURE TRIPURA THE LAND OF PERMANENT SPRING Source: Tripura State Portal, State Budget 2016-17
  • 27. 2727JANUARY 2017 For updated information, please visit www.ibef.org INDUSTRIAL INFRASTRUCTURE … (1/2) TRIPURA THE LAND OF PERMANENT SPRING Source: Tripura Industrial Development Corporation Limited Industrial parks being developed at Bodhjungnagar Name Project cost (US$ million) Land (acres) Facilities Rubber Park (Completed) 3.82 58.8 Internal & external road network, developed plot & shed, power & water supply, telecom, boundary wall, testing lab, sewage & drainage, and security guard, etc. Food Park (Implemented) 1.17 30 Cold storage (1,500 metric tonnes), warehouse, quality control laboratory, sorting, grading & packaging unit, bottle manufacturing unit and test house. Export Promotion Park (Implemented) 1.66 126.1 Administrative block, internal & external road network, developed plot & shed, power & water supply, telecom, boundary wall, sewage & drainage, and security guard, among others. Industrial Growth Centre (Implemented) 7.4 477 The common infrastructure includes internal roads, 132 KV sub-station, natural gas supply network, water supply system and telecom network. The project has been implemented. Bamboo Park 4.81 69 Common facilities for bamboo-based industries comprise production processes generic to enterprises, business development platforms, product development and training centres. In 2013, the Modified Industrial Infrastructure Upgradation Scheme (MIIUS) was approved by the Cabinet Committee on Economic Affairs under the 12th Five Year Plan. The scheme was implemented with the objective to promote industrial growth, create employment opportunities and technology upgradation by providing the states with quality infrastructure. Under the scheme, Bodhjungnagar Industrial Area was approved in March 2015 at project cost of US$ 9.19 million, of which US$ 6.60 million was granted by the central government. In addition, R.K. Nagar Industrial Area was accorded ‘in-principle’ approval under the scheme and the central government would grant US$ 5.97 million of the overall US$ 8.67 million project cost.
  • 28. 2828JANUARY 2017 For updated information, please visit www.ibef.org INDUSTRIAL INFRASTRUCTURE … (2/2) TRIPURA THE LAND OF PERMANENT SPRING Name of the industrial area Area (in acres) Location Arundhutinagar industrial estate 9.39 Arundhutinagar, Tripura West Badarghat industrial estate 20.32 Badarghat, Tripura West Dukli industrial estate 37.50 Dukli, Tripura West Bodhjungnagar growth centre 238.53 Bodhjungnagar, Tripura West Bodhjungnagar export promotion industrial park 123.20 Bodhjungnagar, Tripura West Food processing technology park 25.00 Bodhjungnagar, Tripura West Kumarghat industrial estate 45.66 Kumarghat, Tripura North Dharmanagar industrial estate 5.00 Dharmanagar, Tripura North Dewanpassa integrated infrastructure development centre 45.00 Dewanpassa, Tripura North Dhajnagar industrial estate 18.79 Dhajnagar, Tripura South Source: Department of Industries and Commerce, Government of Tripura
  • 29. 2929JANUARY 2017 For updated information, please visit www.ibef.org As of May 2015, the central government announced plans to develop Agartala city, the capital of Tripura, as a smart city of the 98 smart cities. In August 2015, the Government of Tripura sanctioned US$ 0.33 million for the inception of smart city project. Agartala is one of the 500 nominated cities covered under the Atal Mission For Rejuvenation And Urban Transformation (AMRUT) urban development project. The Government of India allocated US$ 0.16 million as funds for administration and office expenses under AMRUT guidelines. SMART CITIES TRIPURA THE LAND OF PERMANENT SPRING Source: News Article & TechSci Research
  • 30. 3030JANUARY 2017 Resources, policy incentives, infrastructure and climate in the state support investments in sectors such as natural gas, food processing, rubber, tea, bamboo, handloom and handicrafts, sericulture, tourism, IT and medicinal plants. Natural gas deposits are among the most important reserves of Tripura’s natural resource base. In Tripura, the other mineral resources are glass sands, limestone, plastic clay and hard rock; all of these materials are being used to a variable degree. Setting up of a new ceramic tiles unit and other mineral based industries would be encouraged in the private sector. Other potential sectors are organic spices, medicinal plants and bio-fuel. A state Bio-Fuel Mission has been implemented under the State Department of Forest, Tripura. Favourable agro-climatic conditions, low use of chemicals and availability of various spices offer opportunities for the development and procurement of the spices in the state. For updated information, please visit www.ibef.org KEY INDUSTRIES TRIPURA THE LAND OF PERMANENT SPRING Key industries in Tripura • Natural gas • Food processing • Rubber • Tea • Bamboo • Handloom and handicrafts • Sericulture • Tourism • IT • Medicinal plants Source: Tripura Industries Development Corporation, Department of Industries & Commerce (Government of Tripura), DIPP Investment intentions in terms of IEMs filed, LOIs/DILs issued Year Number Proposed investments (US$ million) 2010-11 01 2.98 2011-12 03 11.77 2012-13 03 21.40 2013-14 03 9.95 2014-15 02 2.65
  • 31. 3131JANUARY 2017 Tripura has vast natural gas reserves. The gas is available in a non-associate form, with high methane content of about 97.0%. Concessional gas-pricing and vast reserves offer potential for setting up industries in the sector. Natural gas is available in the Baramura hills and Rokhia. Natural gas-based thermal plants have been set up in both places. Natural gas is presently used mainly for generating power and to some extent in domestic, industrial, commercial and transport sectors. Emphasis would be given for setting up industries (e.g., ammonia, urea, methanol and 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 and other projects. Besides this, natural gas can also be utilised as a cheaper source of energy for various energy- intensive industrial projects. For updated information, please visit www.ibef.org KEY INDUSTRIES – NATURAL GAS TRIPURA THE LAND OF PERMANENT SPRING Source: Department of Industries & Commerce (Government of Tripura), News Articles. MMSCMD: Million Metric Standard Cubic Metres Per Day, BCM: Billion Cubic Metres 1April 2015 to September 2015 643.90 646.74 822.24 1,140.04 640.07 2011-12 2012-13 2013-14 2014-15 2015-16⁽¹⁾ Natural gas production in Tripura
  • 32. 3232JANUARY 2017 For updated information, please visit www.ibef.org KEY INDUSTRIES – FOOD PROCESSING TRIPURA THE LAND OF PERMANENT SPRING Source: Tripura State Portal Department of Industries & Commerce (Government of Tripura), Ministry of Agriculture MT: Metric Tonnes 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. In 2014-15, major spices produced in the state were ginger (15,041 MT), turmeric (14,875 MT), chillies (5,630 MT) and betel vine (7,507 MT). As of 2014-15, the state has around 55 food processing units and one operational mega food park, which is located at Bodhjungnagar, West Tripura. An agri-export zone for pineapples is also being developed. The state also has potential in the meat processing sector. Tripura implemented the National Food Security Act, 2013, in September 2015 and became the first state to implement the act in the entire North East. Sikaria Group, Kolkata based firm, will be signing an agreement with pineapple growers for operation of its mega food park project in Tripura. Area of production of major fruits in Tripura Crops Area (‘000 hectares) Banana 13.64 Pineapple 11.59 Mango 10.55 Jackfruit 10.12 Orange 6.30 Lime/lemon 4.83 Food sector in Tripura Food produced 2014-15 2013-14 Egg (lakh nos.) 1,979.49 1,794.28 Meat (‘000 tonnes) 34.25 32.39 Milk (‘000 tonnes 141.23 129.70
  • 33. 3333JANUARY 2017 For updated information, please visit www.ibef.org KEY INDUSTRIES – NATURAL RUBBER TRIPURA THE LAND OF PERMANENT SPRING Tripura is the second largest natural rubber producer in the country, after Kerala. As of March 2015, total area under plantations was 61,231 hectares and the suitable area required for the plantation of the rubber was 100,000 hectares. 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. Natural rubber-based activities have been declared as a thrust area due to their special significance to the state. With a total plantation potential for 100,000 hectares, there is significant potential for setting up rubber-based industries in the state. The state government has set up a rubber park at Bodhjungnagar, with technical support from the Rubber Board, Government of India. There is a vast scope of investment in sectors like auto parts, footwear, tread rubber, vulcanised rubber, rubber band, rubber cushion and mattress, latex thread, textile fabric, hoses etc. 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 2011-12 2012-13 2013-14 2014-15 2014-15 2015-16
  • 34. 3434JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING KEY INDUSTRIES – TEA On the basis of volume of production, Tripura is the fifth largest among the 14 tea-producing states in India. Agro-climatic conditions in Tripura are suitable for tea plantation. With an average annual rainfall of about 210 cm. with a fairly even distribution over the year, state has a favourable environment for tea production. Tripura holds a strong tea plantation base in India, 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, a gradual boost to the tea production in the state has been witnessed. In 2014-15, tea production in the state stood at 9.5 million kg. Tripura is the fifth largest tea producing state in India after Assam, West Bengal, Tamil Nadu and Kerala. Source: Tripura State Portal, News Articles, Tea Board of India, Department of Industries & Commerce (Government of Tripura) 1From April-October 2015 Tea grown in Tripura is known for its good blending qualities. Organic tea and green tea production have been undertaken by some of the tea estates in the state. Tea production is a growing industry in Tripura and provides a considerable scope for investment. There is a considerable scope to increase the area under tea plantation as well as productivity in Tripura. There is considerable scope for investment in the tea blending units in state. Durgabari Tea Estate at Sadar, Manu Valley Tea Garden at Kailasahar, Ludhua Tea Estate at Sabroom and Devipur Tea Garden at Bishalgarh are some of the important tea gardens in the state. 965.07 955.82 798.39 2013-14 2014-15 2015-16⁽¹⁾ Tea production in North India (million kgs)
  • 35. 3535JANUARY 2017 KEY INDUSTRIES – BAMBOO…(1/2) Tripura is endowed with rich and diverse bamboo resources. It is home to 21 species of bamboo of the 130 species available in India. The state has an area of around 7,195 hectares for the plantation of bamboo. About 6% of the entire country’s requirement for bamboo sticks for making incense sticks is met from Tripura. Barak (Bambusa balcooa), Bari (Bambusa polymorpha), Mritinga (Bambusa tulda), Muli (Melocanna baccifera), Kali (Bambusa nutans), Paora (Bambusa teres), Rupai (Dendrocalamus longispathus), Dolu (Schizostachyum dullooa), Makal (Bambusa pallida), Pecha (Dendrocalamus hamiltonii), Kailyai (Gigantochloa rostrata), Kanak kaich (Bambusa affinis), Lanthi bans (Dendrocalamus strictus), Tetua (Bambusa spp.), Ish (Bambusa spp.), Jai (Bambusa spp.), Bombash (Bambusa spp.), Sairil/Wadu bamboo (Melocalamus compactiflorus) and Bosai (Bambusa spp.) are the prominent bamboo species available in Tripura. Bamboo is commercially used for crafts, mats, incense sticks, furniture, home decor, baskets and bags. There is a potential to develop more industrial products based on bamboos. Tripura’s cane and bamboo handicrafts are considered to be among the best in the country for their exquisite designs, wide range of products and artistic appeal. The bamboo industry has a great export potential as well This industry has a great export potential. A modern bamboo tiles factory has been set up to boost the productive utilisation of the huge resource in the state. Industrial products like laminated products, ply boards, corrugated sheets, etc, can be produced and used as building materials. The factory is located in Bodhjungnagar. Source: Ministry of Agriculture, News articles For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING Studies have indicated that bamboo is a very effective substitute for timber. The state government established a Tripura Bamboo Mission (TBM) in 2007 under public–private partnership framework as an initiative for the integrated development of the bamboo sector in Tripura. TBM has a large focus on generating non-muli high value adding bamboo plantations, especially as private plantations and homestead plantations. This has enabled the state to increase bamboo production by threefold in the past three years. From 2006-2007 to 2014-15, US$ 2.20 million was released under the mission in Tripura. 0.12 0.18 0.33 0.19 2012-13 2013-14 2014-15 2015-16 Funds allocated under National Agroforestry & Bamboo Mission
  • 36. 3636JANUARY 2017 KEY INDUSTRIES – BAMBOO…(2/2) For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING Source: Ministry of Agriculture 0.09 0.1 0.13 0.19 2012-13 2013-14 2014-15 2015-16 Funds released under National Agroforestry & Bamboo Mission Bamboo production statistics 2014-15 Bamboo production area (hectares) under National Bamboo Mission 7,195 Bamboo bearing area (Ha.) 3,24,600 Bamboo reserved forest area 6,29,400 Source: Ministry of Agriculture 1410 1215 390 2012-13 2013-14 2014-15 Approved area under National Afforestation Programme (NAP) Scheme for bamboo production (in ha.) 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. During 2015-16, US$ 0.19 million was allocated and released for the implementation of NABM scheme in Tripura. Source: Ministry of Agriculture
  • 37. 3737JANUARY 2017 Tripura’s handloom represents a unique harmonious blend of three traditions: tribal, Bengali and Manipuri weaving. Tripura is known for its cane and bamboo handicrafts. About 10,000 artisans are engaged in the production of over 200 handicrafts products in the state. Sericulture is an important occupation in the state. Around 4,500 beneficiaries are directly involved in this occupation. In 2015-16 (April- June), silk production in the state stood at 15 MT. Further, the raw silk production in the state during 2015-16 was recorded to be 52 MT. In May 2015, an apparel and garment making centre foundation was set up in Agartala and a silk processing and printing unit was inaugurated. The setup of silk units is expected to boost sericulture in the state and generate employment opportunities. Under annual budget 2016-17, the total allocation for handloom, handicraft and sericulture sector is recorded to be US$ 6.24 million. Under schemes such as Integrated Handloom Development Scheme (IHDS), Marketing and Export Promotion Scheme (MEPS) etc. there has been a gradual increase in the funds released towards the development of the handloom industry of the state. The released funds increased from US$ 0.11 million in 2012-13 to US$ 0.58 million in 2014-15. For updated information, please visit www.ibef.org KEY INDUSTRIES – HANDLOOM, HANDICRAFTS AND SERICULTURE TRIPURA THE LAND OF PERMANENT SPRING Khadi and village industry production and sales in Tripura (in US$ million) Source: Ministry of Micro, Small and Medium Enterprises Source: Ministry of Textiles 18.9 21.6 22.6 21.9 20.8 20.3 26.5 29.5 29.1 18 17.11 16.8 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 Production Sales 0.747 0.402 0.530 0.373 2012-13 2013-14 2014-15 2015-16 Financial assistance to the handloom weavers (in US$ million)
  • 38. 3838JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING KEY INDUSTRIES – MEDICINAL PLANTS Tripura has about 266 medicinal plants, 379 species of trees, 581 herbs, 320 shrubs,165 climbers, 16 climbing shrubs, 35 ferns and 45 epiphytes. There are around 18 rare plants and 266 species of medicinal plants in the state (68 trees, 39 shrubs, 71 herbs and 88 climbers) in the state. The pertinent tropical climatic conditions in the state support the flourishing growth of various types of medicinal plants and other forest resources scattered all over the state. The state government has constituted the Medicinal Plant Board of Tripura. A Medicinal Plant Policy has also been declared by the state government. Tripura Forest Development and Plantations Corporation Limited is engaged in marketing of medicinal plants, with the main objective of increasing income of local growers and ensuring sustainable economic development through the cultivation of medicinal plants. In 2014, National AYUSH Mission (NAM) was launched by the Government of India to restructure the delivery mechanism of AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy) system and strengthen the AYUSH institutions with necessary infrastructure. In 2014-15, US$ 0.63 million was allocated and US$ 0.40 million was released for AYUSH mission in Tripura. While during 2015-16, US$ 0.49 million was allocated and US$ 0.24 million was released under the mission for the state. Source: Tripura State Portal, Ministry of AYUSH National AYUSH Mission (centrally sponsored scheme) Year Funds allocated (US$ million) Funds released (US$ million) 2014-15 0.63 0.40 2015-16 0.49 0.24 National Mission of Medicinal Plants (NMMP) (Centrally sponsored scheme) Year Funds allocated (US$ million) Funds released (US$ million) 2014-15 0.09 0.09
  • 39. 3939JANUARY 2017 For updated information, please visit www.ibef.org KEY INDUSTRIES – TOURISM TRIPURA THE LAND OF PERMANENT SPRING Source: Ministry of Tourism, Government of India Number of domestic tourists visits (‘000) Number of foreign tourists visits (‘000) 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 50.4% from 2010-11 to 2014-15. Tripura’s tourism department recorded revenues of US$ 251.01 thousand during 2014-15, which was less than US$ 313.98 thousand during 2013-14. The state government has completed the manufacturing of Administrative and Academic building during 2015-16, to fulfil the creation of State Institute of Hotel Management & Catering Technology in the state. Moreover, the Bhramakunda’s and Chhabimura’s Destination Development Projects have also been launched in the state during 2015-16. During 2016-17, the state government would initiate the work on Destination Development project of Golaghati, Narikel Kunj, etc. as well as the Light and Sound Show in Agartala through ITDC. 342.27 359.52 361.79 359.59 361.25 363.18 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 5.21 6.05 7.84 11.85 26.69 34.89 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
  • 40. 4040JANUARY 2017 For updated information, please visit www.ibef.org KEY INDUSTRIES – IT TRIPURA THE LAND OF PERMANENT SPRING Educated and low-cost human resources available in the state make it attractive to the IT industry. In August 2015, the first IT hub in the North East was commissioned in Tripura. As the state is connected to Bangladesh through a submarine cable, the state will be witnessing high speed internet connectivity. Tripura is considered the second best IT destination in the Northeast, after Guwahati, with a potential for setting up IT- enabled services. The availability of IT trained manpower in the state has significantly improved over the years. The annual intake capacity of the IT courses being run by universities and colleges in Tripura alone works out to about 1,500 persons, of which the engineering courses in IT account for annual intake capacity of about 300 candidates. During 2015-16, 13 online services were inaugurated in the state under e-District project. Further, an incubation centre is also being set up for encouraging the IT entrepreneurship in the state. During 2016-17, a service delivery based on cloud will be established in Tripura State Data Centre, which will deliver better management, on-demand self-service, etc. across various Departments of the state. Moreover, the extension of broadband internet connectivity across various Tehsil offices of the state will be done in 2016-17. From January 2017 onwards, all government related transactions and payments would be made online. The move is expected to assist in opening up of bank accounts of the 15,000 workers, working in the tea gardens of Tripura. Source: Tripura State Portal
  • 41. 4141JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING 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
  • 42. 4242JANUARY 2017 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.org TRIPURA THE LAND OF PERMANENT SPRING KEY INVESTMENT PROMOTION OFFICES
  • 43. 4343JANUARY 2017 Agency Contact information 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.org TRIPURA THE LAND OF PERMANENT SPRING CONTACT LIST
  • 44. 4444JANUARY 2017 Cost parameter Cost estimate Source Hotel costs (per room per night) US$ 35 to US$ 80 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 (minimum wages per day) US$ 2.2 -2.7 Ministry of Labour and Employment, Government of India For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING COST OF DOING BUSINESS IN TRIPURA
  • 45. 4545JANUARY 2017 North East Industrial and Investment Promotion Policy (NEIIPP), 2007 • 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, Read more Objective 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. Read more Objectives For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING STATE ACTS & POLICIES … (1/2) Eco Tourism Policy 2004 • To promote sustainable use and management of natural forests and wildlife resources. • To create employment opportunities and generate revenues for the state. Read more Objective
  • 46. 4646JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING STATE ACTS & POLICIES … (2/2) Tripura Medicinal Plant Policy • 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. Read more Objective IT Policy of Tripura, 2000 • 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 Read more Objectives 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. Read more Objective
  • 47. 4747JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING INCENTIVES Agency Description IT industry • Partial reimbursement at 20% of floor space rentals, actually paid by IT enterprises. • Reimbursements subject to a maximum limit of US$ 0.05 million per annum. Government tenders • Eighty-five% exempted from the payment of earnest money and security deposits on tenders floated by the state government department/agencies. • Procurement preference at 15% on purchases in tendering process by the state government department/agencies subject to at least 30% value addition within the state. Capital investment subsidy to SC, ST and women • Capital investment subsidy of 30% and additional subsidy of 2.5% 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 90% 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.
  • 48. 4848JANUARY 2017 For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING EXCHANGE RATES Exchange rates (Fiscal Year) Year INR equivalent of one US$ 2004-05 44.81 2005-06 44.14 2006-07 45.14 2007-08 40.27 2008-09 46.14 2009-10 47.42 2010-11 45.62 2011-12 46.88 2012-13 54.31 2013-14 60.28 2014-15 60.28 2015-16 65.46 Source: RBI
  • 49. 4949JANUARY 2017 India Brand Equity Foundation (“IBEF”) engaged TechSci to prepare this presentation and the same has been prepared by TechSci 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 TechSci and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice. TechSci 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 TechSci 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. For updated information, please visit www.ibef.org TRIPURA THE LAND OF PERMANENT SPRING DISCLAIMER