Tripura CM roots for Pvt Investment for industrial growth
Chief Minister Biplab Kumar Deb has rooted for private investment as a key to boost the industry sector in Tripura.
“Industrial growth is required for all-round development of the state and private investment is key to strengthen the industry sector,” Deb said this after inaugurating 31st Industries and Commerce Fair at Hapania international exhibition hall on Friday.
He said that after the formation of the BJP-IPFT government, several changes were made to simplify the process to set up industrial units.
“A good number of small industries have invested Rs. 120 crore in Tripura over the past 32 months,” Deb told the gathering while encouraging the new investors.
In the meantime, Deb said around Rs. 1100 crore would be invested to revive the rubber sector in the entire North East and Tripura would get the maximum benefit. There would be new rubber plantations on 50,000 hectare land, he said.
Deb also claimed that after a long time Tripura Industrial Development Corporation, Tripura Tea Development Corporation, Tripura Handloom and Handicrafts Development Corporation and Tripura Khadi Gramodyog Board among other units had registered profits following proper utilization of local resources.
In line with Prime Minister Narendra Modi’s campaign ‘Vocal for Local’, this year the organizers themed the Industries and Commerce Fair on ‘Bamboo: Tripura’s Green Gold’. A good number of stalls have participated in the fair with a focus on promoting local products.
This year, as many as 314 stalls—87 government stalls, 19 international stalls, 38 national stalls and 170 local traders— took part in the fair. Meanwhile, there is an increase in the number of stalls from 192 in 2019 and 282 in 2020 to 314 this year. The organizers are expecting a gathering of around 10 lakh people this year.
After inaugurating the fair, the Chief Minister accompanied by other dignitaries inspected various stalls and interacted with the people participating in such stalls.
MLA Badharghat Mimi Majumder and Assistant High Commissioner, Bangladesh- Md. Jobayed Hosen were also present. Tripura Industrial Development Corporation (TIDC) chairman- Tinku Roy presided over the inaugural ceremony.
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