Tripura

Tripura
Tripura-District-MapTripura – At a glance
Area :
10,491.69 km2
Population : 3.67 crores (census 2011)
Official language(s): Assamese, Bodo, Karbi
Literacy Rate: 73.66% (2011 census)
International Border : Bangladesh on its North, South and West
Capital : Agartala
Airport & Railway Head:  Agartala
GDP:  19,731 ( in Crores of Rupees)

 

 

 

Economy: Predominantly agricultural. More than 75% of the state’s total workforce is still dependent on agriculture for their subsistence. Besides paddy, jute, sugarcane, wheat, oilseeds, coconut and turmeric are also grown in plenty. A number of small scale industries have grown in the state based on the manufacture and production of handicrafts and handloom products, rubber, bamboo, jute and tea. Natural gas and fruit processing units have also sprung up in the state.

The state is also a repository of glass sand, clay, lignite and building material. The latent hydro electric potential of the state is also being exploited to further the state’s industrial development.

Important Industries:
 Natural gas, tea, fruit processing, rubber, handloom & handicrafts and sericulture.

Important Resources: The State is rich in natural resources like oil and natural gas, rubber, tea, bamboo, timber, medicinal plants, fruits and spices.

Advantages:

  • Endowed with natural resources
  • International Trade opportunities
  • Improved connectivity and infrastructure
  • Untapped sectors such as organic spices, bio-fuel and eco-tourism.
  • Availability of skilled workforce
  • Tax incentives and exemptions

Export prospects of Tripura:

  • Rubber and derivatives
  •  Herbal, medicinal and aromatic plants
  •  Bamboo value added products
  •  Mulberry silk and silk products

Other potential industrial drivers:

• Natural Gas

• Sand, silica – ceramic products

• Agro-horticultural products:

– Tea processing
– Cashew nut, Pineapples, Jack fruit
– Spices

 

 

For more information, please contact Shefexil.