Northern Chapter
Economy of the region is largely agrarian in nature with over 70% of the population
Tripura
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Tripura, located in the northeastern part of India, is known for its rich culture, history, and scenic beauty. It shares borders with Bangladesh, enhancing its strategic importance for trade. With a blend of hilly and plain terrain, the state has a variety of flora and fauna, making it an attractive destination for eco-tourism. Agriculture, handicrafts, and tourism are key sectors driving economic growth.
Economic Highlights:
- GSDP Growth: Tripura’s GSDP in FY 2022-23 was Rs. 34,398 crore (US$ 4.25 billion).
- Key Industries: Agriculture, horticulture, power generation, bamboo products, and handicrafts.
Fact File
Capital
Agartala
Geographical Area
10,491 sq. km
Population
approximately 4.2 million (2023 estimate)
Languages
Bengali (official); Kokborok
Key Exports
Bamboo products, handicrafts, agricultural produce
Literacy Rate
87.75%
Recent Developments
- Construction of Radhakishorepur Airport to boost connectivity.
- Implementation of solar energy projects and hydroelectric power plants.
- Ongoing initiatives to develop Tripura as a key trade and logistics hub between India and Southeast Asia.
Opportunities for Investment
Tripura offers opportunities in sectors like bamboo-based industries, agro-processing, renewable energy, and tourism infrastructure. The state is working towards improving connectivity, making it a favorable destination for both domestic and international investments.
Key Sectors &
Developments
01
Agriculture
- Major crops include rice, tea, and fruits like pineapples and oranges.
- The state is focusing on organic farming and agro-processing industries to boost agricultural exports.
02
Handicrafts & Bamboo
- Known for traditional bamboo crafts and handloom products, these sectors have significant export potential.
- The government is promoting the use of bamboo in industrial applications and sustainable products.
03
Power Generation
- Tripura has emerged as a leader in renewable energy, particularly in solar and wind power.
- It has made strides in increasing electricity generation and ensuring rural electrification.
04
Tourism
- The state promotes eco-tourism, with attractions such as the Ujjayanta Palace, Neermahal, and the lush forests of the Tripura Sundari Temple.
- The state’s proximity to Bangladesh also opens opportunities for cross-border tourism.
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