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Tripura
Image Credit: Unsplash

Tripura signs MoUs worth Rs 312.38 crores to boost to industrial sector

| @indiablooms | May 07, 2023, at 06:47 am

Agartala/IBNS: The State Level Investment Round Table (I&C) meeting held at Pragya Bhavan witnessed the signing of MoUs worth Rs 312.38 crores by eight industrialists in the presence of Chief Minister Manik Saha.

Out of the 141 investors who attended the meeting, only eight of them signed the MoUs reported Northeast Now.

Chief Minister Manik Saha announced that the state government will offer various subsidies, including State Capital Investment Subsidy, Industrial Promotion Subsidy, power subsidy, employment cost subsidy, and state transport subsidy, among others, to the investors.

“I am very happy that eight industrialists have come here and already signed a MoU with the government of Tripura with an amount of Rs 312.38 crores. When I heard that they were coming here to sign the MoU, I was very much eager to see and was very happy,” stated CM Saha.

Saha emphasized the significance of connectivity in the state's development and mentioned that Tripura has seven national highways and several more under construction.

While expressing gratitude to Prime Minister Narendra Modi for providing the state with the HIRA model, he also revealed that the upcoming Maitri Setu in Sabroom will soon open, making Tripura the gateway to Southeast Asia.

The Chief Minister assured the investors of the state government's full support and provision of necessary facilities, while also urging them to leverage Tripura's infrastructure, and stating that the state has a promising investment future.

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