Agartala, 10th July 2026: Tripura has secured investment commitments worth Rs 1.21 lakh crore after signing 342 Memorandums of Understanding (MoUs) with leading national and international companies, including Google, MRF, ITC, L&T and Salesforce, during the two-day Tripura Destination Business Conclave 2026.
Speaking at a press conference on the concluding day of the conclave at the International Fair Ground in Agartala on Friday, Industries and Commerce Secretary Kiran Gitte described the event as a significant milestone in the state’s sustained efforts to attract investment and accelerate economic growth.
Gitte said the conclave brought together 45 organisations from the government and private sectors. In preparation for the event, the state’s Industries and Commerce Minister organised investment roadshows in Delhi and Hyderabad, including a special outreach programme in the national capital that was attended by around 40 ambassadors. The conclave received 2,731 registrations, with nearly 2,000 investors participating. Delegates arrived from different parts of India, including the North, South and East, as well as from countries such as Canada and the United Arab Emirates. Ambassadors and High Commissioners from 10 countries attended the event, while representatives from 11 nations, including the Japan Trade Organisation, also took part.
He noted that over the past four years, Tripura has signed 470 investment agreements worth nearly Rs 40,000 crore. During the conclave, all state ministers held individual meetings with investors, while Chief Minister interacted with foreign delegates to showcase the state’s investment potential. Nearly 2,000 delegates representing around 1,200 organisations attended the event, although heavy rainfall prevented several invitees from participating. Around 300 startups and entrepreneurs from Tripura also showcased their ventures during the conclave.
According to Gitte, the state has introduced several policy reforms to improve the investment climate and remains open to further suggestions from industry leaders. He added that Tripura’s Gross Domestic Product (GDP) has doubled over the last six years, supported by a significant increase in capital expenditure and infrastructure development.
The power sector emerged as one of the biggest investment destinations, attracting MoUs worth Rs 31,080 crore, according to Power Department Secretary Abhishek Singh. Transport and Tourism Secretary U.K. Chakma said the tourism sector secured 31 agreements valued at Rs 12,303 crore, while the transport sector signed 22 MoUs worth Rs 356.50 crore.
Education and Urban Development Secretary Milind Ramteke stated that the urban development sector signed 11 MoUs worth Rs 16,700 crore following discussions with 55 companies. The education sector also attracted 15 investment agreements amounting to Rs 568 crore.
Agriculture Secretary Apurba Roy said 34 MoUs worth Rs 1,675 crore were signed in the agriculture and horticulture sectors. Higher Education Secretary Raval Hamendra Kumar announced that 25 projects worth Rs 3,000 crore had been finalised in the higher education sector, with an average investment of Rs 125 crore for each project.
Fisheries and ARDD Secretary Deep D. Nari said 27 agreements were signed with a proposed investment of Rs 5,000 crore. The forest sector secured 39 MoUs worth Rs 1,727 crore, including 14 agreements focused on bamboo-based industries, which officials described as a major achievement.
Gitte further informed that the health sector attracted eight MoUs worth Rs 4,000 crore, while the information technology sector recorded 43 agreements valued at Rs 13,248 crore. The Industries and Commerce Department accounted for the largest share of the investment commitments by signing 110 MoUs worth Rs 30,000 crore, making it the biggest contributor to the overall investment proposals received during the conclave.
