Over 300 investors, representatives from nine countries, leading Indian corporates, Union leaders to participate in the State's biggest-ever investment summit at Hapania Today

By Our Correspondent

Agartala, July 9, 2026

Tripura is set to host its most ambitious investment promotion event, Destination Tripura: Business Conclave 2026, beginning today at the International Fair Ground in Hapania, with the State Government aiming to transform Tripura into a major investment and industrial hub of Northeast India.

The two-day conclave, scheduled for July 9–10, is expected to bring together more than 300 investors and business organisations, senior policymakers, international delegates, financial institutions, industry associations and leading corporate houses to explore investment opportunities across multiple sectors.

The conclave will be inaugurated on today afternoon by Chief Minister Professor (Dr.) Manik Saha in the presence of Union Minister for Development of North Eastern Region Jyotiraditya Scindia, State Industries and Commerce Minister Santana Chakma, members of the State Cabinet and chairpersons of various State PSUs. Union Commerce and Industry Minister Piyush Goyal is expected to join the inaugural session virtually from New Delhi.

Addressing a press conference on Wednesday, Industries Minister Santana Chakma described the conclave as a landmark initiative aimed at positioning Tripura as an attractive investment destination by leveraging its strategic location, improving infrastructure, investor-friendly policies and connectivity with South-East Asia.

The State Government has set an ambitious target of mobilising Rs.1 lakh crore in investment commitments through the conclave. According to officials, the State has already secured investment proposals and Memorandums of Understanding (MoUs) worth nearly Rs.60,000 crore, while the Industries and Commerce Department alone has facilitated proposals worth approximately Rs.25,000 crore. Officials indicated that additional MoUs are likely to be signed during the two-day event, with expectations that total investment commitments could approach Rs.70,000 crore initially, eventually moving closer to the Rs.1 lakh crore target.

Extensive investor outreach campaigns conducted in New Delhi, Hyderabad, Bengaluru and Guwahati generated 189 investment intentions worth around Rs.6,457 crore. More than 2,000 investors were contacted during the outreach programme, resulting in confirmations from over 400 investors and business organisations for participation in the conclave. In which organizer's expected that more than 300 business organisations may attend the event.

One of the major highlights of the event is its international participation. Representatives from Bangladesh, the Philippines, Timor-Leste, Lao PDR, Kazakhstan, Chile, Nepal, Uzbekistan and South Africa have confirmed their attendance. The Government has also extended invitations to 113 embassies, high commissions and consulates, reinforcing Tripura's efforts to emerge as an international investment destination and a gateway to South-East Asia.

Among the distinguished international guests arriving in Agartala is Mohammad Riaz Hamidullah, Bangladesh's High Commissioner to India, who reached Agartala by train on Wednesday to participate as a special guest. He was received at Agartala Railway Station by officials of the Bangladesh Assistant High Commission and the Tripura Government.

The conclave is expected to witness participation from several leading corporate groups, including Tata Consultancy Services (TCS), Salesforce, Lulu Group International, Ambuja Neotia Group, CTRL-S, NE Digital Infrastructure, NDR Infrastructure Pvt. Ltd., Nutricircle Ltd., Neelkantha Infra Power Limited, Jain International Trade Organization (JITO), TotalStart Entrepreneurship Ecosystem Developers, CSRD Enterprise LLP, JK Urbana Garden Pvt. Ltd., Veritas Design Studio Pvt. Ltd., and MACLEC, among others.

Investment opportunities will be showcased in priority sectors such as tourism and hospitality, healthcare, education, IT and IT-enabled services, renewable energy, food processing, rubber and rubber-based industries, bamboo products, agar and agarwood, logistics, warehousing and other emerging industries.

Speaking at the press conference, Industries and Commerce Secretary Kiran Gitte, IAS said the MoUs would be signed in accordance with the State's existing industrial policies. He added that the Government may consider additional incentives for projects involving investments exceeding Rs.100 crore on a case-by-case basis.

Responding to queries on the Sabroom Special Economic Zone (SEZ), Gitte said that an earlier developer who had been allotted 40 acres had failed to undertake development work. The Government now plans to allot 20 acres to a new developer, while the remaining land will be offered to other interested investors.

The conclave will feature sector-specific investment sessions, business networking events with leading entrepreneurs, presentations on Tripura's industrial policies, business-to-government meetings and the signing of multiple investment agreements. The Hapania International Fair Ground has also been extensively renovated, with exhibition stalls showcasing the State's industrial potential and investment-ready projects.

Officials noted that the previous investment conclave held last year resulted in 87 MoUs, of which 42 projects are currently under implementation, providing confidence that this year's event could significantly accelerate Tripura's industrial and economic transformation.

With substantial investment interest already secured, strong participation from global and domestic stakeholders, and the Government's renewed focus on industrial development, Destination Tripura: Business Conclave 2026 is expected to become a defining milestone in the State's journey towards becoming one of Northeast India's leading investment destinations.

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