Overview
Tripura, a northeastern state of India, recorded a Gross State Domestic Product (GSDP) of ₹65,300 crore in 2023–24, with a growth rate of 7.5%. The per capita income stands at ₹1,40,000. The state’s economy is primarily driven by agriculture, natural gas, handloom & handicrafts, rubber production, and tourism. Tripura’s strategic location near Bangladesh provides key trade and export opportunities, making it an emerging logistics hub in the Northeast.
Why Invest in Tripura
- Strategic Location: Shares an 856 km border with Bangladesh, facilitating trade and connectivity.
- Natural Gas Reserves: Significant reserves, supporting industries like power generation and petrochemicals.
- Agro & Food Processing: Ideal conditions for rubber, tea, bamboo, and organic farming.
- Tourism & Eco-Tourism: Rich biodiversity, heritage sites, and scenic landscapes attracting investments.
- Infrastructure Growth: New airports, highways, and railway projects enhancing connectivity
Incentives & Schemes
- Industrial Development: Capital subsidies, tax exemptions, and incentives under NEIDS (Northeast Industrial Development Scheme).
- Trade & Export Promotion: Support for border trade with Bangladesh, including SEZ development.
- Agro & Rubber Processing: Subsidies for rubber plantations, food processing, and bamboo-based industries.
- Tourism & Handicrafts: Financial aid for eco-tourism projects, homestays, and MSME development in handicrafts.
Key Economic Data: Tripura
| Category |
Details |
| Capital |
Agartala |
| GSDP (2023–24) |
₹65,300 crore |
| Growth Rate |
7.5% |
| Per Capita Income |
₹1,40,000 |
| Top Sectors |
Agriculture, Natural Gas, Handloom, Rubber, Tourism |
| FDI Share in India |
0.03% |
| Top FDI Sources |
Bangladesh, Thailand, Japan |
| Cumulative FDI (FY 2024) |
₹300 crore (Q1) |
| Policy Impact |
Focus on trade, infrastructure, and MSME growth |
| Recent FDI |
₹90 crore (2022–23) |
Latest Insights
- Tripura attracted ₹300 crore in cumulative FDI by Q1 FY2024, mainly in trade, infrastructure, and tourism.
- The Agartala-Akhaura rail link with Bangladesh is expected to boost cross-border trade.
- Increased focus on natural gas exploration and rubber processing industries.
- Government initiatives supporting bamboo, handloom, and agro-based industries for MSME growth.
