Agartala: Tripura has attracted preliminary investment commitments worth about Rs 1.21 lakh crore through 342 memoranda of understanding (MoUs) signed during the two-day Destination Tripura Business Conclave 2026, surpassing the state’s target of securing investment proposals worth Rs 1 lakh crore.
Industries and Commerce Secretary Kiran Gitte said the investment figures were based on preliminary assessments and would now be followed up to ensure the proposals are translated into projects.
He said 2,731 registrations were recorded for the conclave, with nearly 2,000 investors participating in the event.
According to the official, preparations for the conclave began around six months ago with the involvement of 45 organisations, including state and central government departments and public sector enterprises.
Promotional roadshows were also organised in major cities to engage potential investors ahead of the event.
Gitte said participation came from companies across the country, as well as investors from Canada and Dubai. Diplomatic representatives from 10 countries and delegates from Japanese trade bodies also attended the conclave.
Chief Minister Dr Manik Saha met several foreign representatives separately and invited them to encourage business delegations to participate in future editions.
He said ministers, heads of state-run corporations and senior bureaucrats held discussions with investors from various sectors during the conclave. Startup founders and local entrepreneurs were also among the participants.
He credited recent policy reforms and Tripura’s resource base for the response from industry.
Gitte said Tripura had signed around 470 investment agreements over the past four years, leading to investments of nearly Rs 40,000 crore. The immediate priority, he added, would be to facilitate the implementation of the fresh proposals announced during the conclave.
The investment figures announced by the state government have not been independently verified.
The conclave opened on Thursday with virtual addresses by Union Commerce and Industry Minister Piyush Goyal and Union Minister for Development of North Eastern Region Jyotiraditya M. Scindia.
Goyal said the sustained development of the Northeast was strategically important for the country and highlighted the region’s growing role under the Centre’s Act East Policy.
Referring to Tripura’s economic growth over the past decade, he said the state had witnessed a significant rise in its Gross State Domestic Product, reflecting increased public investment and infrastructure development.
Scindia described Tripura as an emerging investment destination, citing improved connectivity, expanding infrastructure and its proximity to Southeast Asian markets.
He said projects such as the Maitri Setu, the Agartala-Akhaura rail link, Sabroom connectivity and the Kaladan Multimodal Transit Transport Project would strengthen the state’s role in regional trade and logistics.
In his inaugural address, Chief Minister Dr Manik Saha said the state had set a target of attracting investment proposals worth Rs 1 lakh crore and expressed confidence that a substantial portion of the commitments would materialise.
He said Tripura offered investment opportunities in sectors such as rubber, bamboo, agarwood, food processing, healthcare, pharmaceuticals, biotechnology, fisheries, logistics and information technology.
The Chief Minister also highlighted reforms aimed at improving the business climate, including simplified approval processes and a single-window clearance system.
Dr Saha said the state’s strategic location along the India-Bangladesh border, coupled with improved transport infrastructure, would enhance its attractiveness for domestic and foreign investors.
The conclave was attended by cabinet ministers, senior officials, industrialists, investors and diplomatic representatives from several countries, making it one of Tripura’s largest investment promotion events to date.
Also Read: Seventeen years: Why are taxpayers financing armed groups in Manipur?