Tripura targets private investment equal to state budget

By Our Correspondent

Agartala, May 14, 2026

Riding on a series of business reforms and deregulation measures, Tripura is now aiming to attract private investment equivalent to the size of its annual state budget, Industries and Commerce Secretary Kiran Gitte said on Thursday.

Addressing reporters, Gitte said the northeastern state has retained the top position in implementing business reform measures prescribed by the Centre for two consecutive years.

According to him, Tripura completed reforms in all 28 identified sectors ahead of the deadline this year after successfully implementing reforms in 23 sectors last year.

He said the state government introduced a single-window online portal to simplify approvals and licensing procedures for investors while easing regulations in sectors such as education, healthcare, hospitality and labour.

“We have tried to remove procedural bottlenecks that discouraged private investment,” Gitte said.

The secretary said investment summits and roadshows organised across the country generated proposals worth nearly Rs 35,000 crore, of which projects valued at around Rs 5,352 crore have already been grounded.

He clarified that grounded investments refer to projects where land allotment has been completed and implementation work has begun.

Gitte said the scale of investment assumes significance as Tripura’s annual budget is around Rs 34,000 crore.

“If the present momentum continues for another year, investment inflow matching the state budget may become achievable,” he said.

He also said fresh investment summits are likely to be held in July, with the government targeting proposals worth Rs 30,000 crore to Rs 40,000 crore.

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