Glimpses of Industrial Units
Tripura has a great potential for investment. Tripura has witnessed tremendous development over the last few years in basic infrastructure as well as industrial infrastructure and has advanced to the top of the North East business locations in India.
The Bodhjungnagar Industrial Complex has been developed, adjacent to the state capital Agartala, on about 550 acres of land with all infrastructure facilities like, road, power, water, pipes natural gas etc. About 80% of the land has been allotted and Industrial Houses from all over India, specially, Delhi, Bangalore, Kolkata, Guwahati etc. have started their venture at Bodhjungnagar in a very short period.
The largest Latex Based Rubber Thread Unit has been set up by M/S DS Group (Investment -80 crore), M/S DP Group has set up a cold Steel Rolling Plant (Investment- 214 cr), TMT Bar unit, Cement plant, packaged Drinking water plant, ferric alum, Distillery, Agarbati manufacturing unit with marketing arrangement with ITC (Mangaldeep), Food products, ACC Conductors, PVC coated wires, steel & wrought Iron furniture etc units have already been set up. Breweries, ayurvedic medicine manufacturing plants, rubber based units etc are coming up. Investments to the tune of 500-600 crores have already been made. Investment proposals of another 500 crores are in the pipeline.Considering the demand of land at Bodhjungnagar, another 500 acres have been identified for acquisition and with this land it would be an integrated complex of about 1000 acres, the biggest model destination for investment in the entire north east. The Industrial Infrastructure Projects like, Growth Centre, Export Promotion Industrial Park, sector specific Rubber Park, Food Park etc have been set up. IT Park, Bamboo Park is coming up.
In terms of investment appeal, for example, with regard to the quality of human resources and infrastructure, Agartala, the state capital, is on a par with major Indian cities, or even surpasses cities in other North Eastern states. The State offers the finest in Infrastructure, excellent educational facilities, quality trained manpower, a professional work ethic and a conducive business environment. So it is not surprising that the investors are enormously interested in the city.