Agartala: The Government of Tripura has allotted land to private investors who submitted proposals worth Rs 5,090 crore and have begun setting up industrial units in the state.

These projects are part of proposals totaling Rs 19,600 crore received through various investment summits, Industries and Commerce Department Secretary Kiran Gitte said on Wednesday.

According to Gitte, the state signed memoranda of understanding (MoUs) worth Rs 15,800 crore during the recently held Rising North East Investment Summit, while an earlier Tripura government-hosted summit resulted in MoUs worth Rs 3,800 crore. “Out of the total Rs 19,600 crore committed through these summits, investments amounting to Rs 5,090 crore have already been grounded,” he said.

He added that, in addition to land allotment, around 10 per cent of preparatory work for establishing the industrial units has been completed in these projects.

Gitte noted that the grounded private investment compares favourably with the state’s capital investment outlay of around Rs 7,000 crore in the last budget. He said attracting over Rs 5,000 crore in private investment reflects growing interest in Tripura’s industrial sector.

On future targets, the official said the department aims to achieve a grounding rate of 50 per cent of total MoUs. He added that the government has identified serious investors and holds monthly review meetings to track the progress of their proposals.

He cited the scheduled ‘bhumi pujan’ of a Bharti Airtel data centre on January 29 as an example of projects moving forward.

Gitte attributed the progress to industrial-friendly policies adopted by the state government. He said Tripura has been graded as a top performer in industrial reform-related assessments and that recent policy measures, including transport and sugar subsidies, are expected to further encourage investment.

He added that the government is considering organising another investment summit after the forthcoming budget session.

Meanwhile, Industries and Commerce Minister Santana Chakma said the state will hold the Industries and Commerce Fair 2026 from January 29 to February 12 at the Hapania International Fair Ground.

She added that Chief Minister Manik Saha will inaugurate the fair on January 29.

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