Tripura eyes Rs 1 lakh crore investment at Business Conclave 2026: CM Saha
Agartala, July 6
Tripura Chief Minister Manik Saha on Sunday said that there is a possibility of an investment of about Rs 1 lakh crore in the two-day Destination Tripura Business Conclave-2026, starting from July 9, where Union Minister Jyotiraditya Scindia will be present.
He said that the two-day Destination Tripura Business Conclave-2026 is going to start on July 9 at the Hapania International Fair premises.
On this occasion, a review meeting was held today at the auditorium of the fair premises under the chairmanship of Chief Minister Manik Saha.
During the discussion in the meeting, the Chief Minister said that in addition to increasing employment opportunities for the youth of the state, domestic and foreign investment in the state is absolutely necessary to increase per capita income and Gross State Domestic Product (GSDP).
"In that regard, the importance of such a business conclave is undeniable. This is the first time that such a large-scale business conclave is being organised in the state, which is unprecedented in this regard. The country is changing under the leadership of Prime Minister Narendra Modi. He has created a mindset of working for the welfare of the country, starting from public representatives to employees," he said.
Saha further said in the discussion that employees from all walks of life in the state have worked together as Team Tripura in organising the G20 and NEC plenary meetings.
He said that there is a possibility of an investment of about Rs 1 lakh crore in this year's Business Conclave.
"The concerned departments are working towards this end. There is a possibility of maximum investment in various projects in the health, education, information technology, transport, and tourism sectors," he said.
He said that MoUs for investment of about Rs 30,000 crore were signed in last year's Business Conclave. Out of this, work related to the investment of Rs 8,000 crore has already been grounded.
The Chief Minister also gave suggestions to the concerned officials to make this program fruitful.
Chief Secretary JK Sinha, DGP Anurag, Kiran Gitte, Secretary of the Department of Industries and Commerce, MLA Minarani Sarkar, Principal Secretary Shantanu, secretaries, directors, and officers of various departments at all levels were present.
On this occasion, more than 20 exhibition stalls of various departments and central PSUs will be set up on the theme at the International Fair premises. Around 500 representatives from the country and abroad are expected to be present. Embassies, High Commissions, and consultants of various countries have been invited. Representatives of countries like Bangladesh, the Philippines, Kazakhstan, Maldives, Nepal, and Uzbekistan have already confirmed their attendance at the conclave. Moreover, representatives from Russia and Indonesia are also keen to participate.
In this two-day conclave, the most important sectors will be health, tourism, education, logistics, information technology, renewable energy, real estate, food processing, as well as tea, rubber, and agar-based industries.
— ANI
Reader Comments
Finally, some focus on the Northeast! 🌟 Tripura has so much potential in tourism and food processing. The fact that countries like Bangladesh, Philippines, and Uzbekistan are coming shows India's growing soft power. But I worry about infrastructure—roads, power, and internet connectivity need to be world-class for these investments to succeed. Hope CM Saha has a solid plan beyond the conclave.
As someone who's worked in development economics, these numbers always catch my attention. Rs 1 lakh crore is about $12 billion USD—that's huge for a state like Tripura. But the key is whether these are MoUs or actual investments. The 26% conversion rate from last year is encouraging but not spectacular. Also, why are health and education sectors highlighted? Those are typically state expenditure, not private investment magnets. Puzzling.
My family is from Agartala, and this makes me proud! 🎉 The mention of tea, rubber, and agar industries is spot on—these are traditional strengths. But I hope local entrepreneurs and small businesses also benefit, not just big corporates. Also, with G20 and NEC meetings already held, the state is gaining confidence. Just please don't forget the local youth—create jobs that match their skills, not just low-paying roles.
Beautiful potential, but I'm cautiously optimistic. Tripura has been neglected for decades, and one conclave won't fix 50 years of underdevelopment. The CM is right about Team Tripura, but we need transparency in how these MoUs are tracked. Remember the 'Vibrant Gujarat' model? Lots of MoUs, but actual implementation took years. Still, credit to the state government for trying. Let's hope this isn't just a photo op with ministers. 🤞
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