The Tripura government on Tuesday signed eight MoUs with investment proposals of Rs 312.38 crore in various sectors including rubber, bamboo, agriculture and health services in the state.
The MoUs were signed during a state-level investment round table meeting, where Chief Minister Manik Saha, top central and state government officials, investors and industrialists from different parts of the country took part.
The investors signed the MoUs with the Tripura government to set up a rubber-based industry, the plywood industry, mechanical agarbatti rolling, medical and skill education, BPO, warehouse, hospitality, agro and milk processing.
The proposed ventures envisaged creating employment opportunities for several hundred people.
The Chief Minister later said that during the one-day investors' meet, over 140 investors and industrialists from across the country participated.
Saha said that the state government is providing investment subsidy, 15 per cent procurement subsidy, industrial promotions subsidy, power subsidy, partial reimbursement of interest on term loans, one time full reimbursement of standard certificate charges or fees, employment cost subsidy, export promotion subsidy, state promotion subsidy on secondary raw materials at 50 per cent among different benefits to attract industry and businesses in Tripura.
The one-day roundtable investment meet is part of the Northeast Global Investors Summit to be held in Delhi in August-September this year to attract investment in the northeastern region.
A senior official of Tripura Industries and Commerce Department said that the focus sectors of the summit include tourism and hospitality, agro-food processing, textiles, handloom and handicrafts, pharmaceuticals, healthcare, education and skill development, Information Technology and Services, entertainment, sports, tea, energy among others.
Before the Delhi summit, a series of activities including state round-tables would be organised in the northeastern states, road shows in Mumbai (on May 29), Dhaka (Bangladesh) (on June 13), Hyderabad (on June 23) and Kolkata (on July 10).
The outline of the roadshows would include structured B2B and B2G meetings, roundtable conferences, and panel discussions focusing on the investment opportunities in the eight northeastern states of India.
CPI-M has mastery in misleading people: Tripura CM Saha
Tripura Chief Minister and senior BJP leader Manik Saha on Wednesday slammed the opposition CPI-M, stating that the party is a "master in misleading people", and it never acknowledges development.
Govt implementing multi-faceted plan for overall development of Tripura: CM
Tripura Chief Minister Prof. Dr. Manik Saha today said that Tripura has now emerged as one of the fastest-developing states in the North Eastern region.
UP medical varsity introduces gold medal in Tripura CM’s name for meritorious students
King George’s Medical University (KGMU) in Uttar Pradesh’s Lucknow has announced to introduce a gold medal in the name of Tripura Chief Minister Manik Saha.
CM Dr Manik Saha chairs meeting to prepare road map for Organ donation and transplantation
In yet another significant stride towards boosting the state’s health sector, the Tripura government is mulling to prepare a road map for Organ donation and transplantation.
Republic Day parade: Tripura's tableau wins second prize
Tripura's tableau, showcasing the 'Eternal Reverence: The worship of 14 deities in the state- Kharchi Puja' at the 76th Republic Day celebrations, won the second prize.
Countdown to oust BJP, IPFT and Tipra Motha from power started: Tripura CPIM
In a show of political strength, the Tripura CPIM organized a massive gathering near Rabindra Shatabarshiki Bhawan at Agartala; with state committee secretary Jitendra Chaudhury declaring that the countdown for the BJP, IPFT, and Tipra Motha’s rule in Tripura has begun.
Stampede at Maha Kumbh; 30 women injured ahead of Amrit Snan on Mauni Amavasya
A stampede-like situation unfolded on the morning of Mauni Amavasya at the Maha Kumbh in Prayagraj, Uttar Pradesh on Wednesday, resulting in around 30 women being injured as they made their way towards the Sangam for the Amrit Snan, one of the most significant rituals of the festival.
ISRO celebrates milestone with 100th launch of GSLV rocket, successfully deploys NVS-02 satellite
India’s space agency, ISRO, marked a significant milestone on Wednesday morning with the successful launch of its 100th GSLV rocket from the Satish Dhawan Space Centre in Sriharikota.