Tripura signs MoUs worth Rs 312.38 crores to boost to industrial sector
Agartala/IBNS: The State Level Investment Round Table (I&C) meeting held at Pragya Bhavan witnessed the signing of MoUs worth Rs 312.38 crores by eight industrialists in the presence of Chief Minister Manik Saha.
Out of the 141 investors who attended the meeting, only eight of them signed the MoUs reported Northeast Now.
Chief Minister Manik Saha announced that the state government will offer various subsidies, including State Capital Investment Subsidy, Industrial Promotion Subsidy, power subsidy, employment cost subsidy, and state transport subsidy, among others, to the investors.
“I am very happy that eight industrialists have come here and already signed a MoU with the government of Tripura with an amount of Rs 312.38 crores. When I heard that they were coming here to sign the MoU, I was very much eager to see and was very happy,” stated CM Saha.
Saha emphasized the significance of connectivity in the state's development and mentioned that Tripura has seven national highways and several more under construction.
While expressing gratitude to Prime Minister Narendra Modi for providing the state with the HIRA model, he also revealed that the upcoming Maitri Setu in Sabroom will soon open, making Tripura the gateway to Southeast Asia.
The Chief Minister assured the investors of the state government's full support and provision of necessary facilities, while also urging them to leverage Tripura's infrastructure, and stating that the state has a promising investment future.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Every two minutes, Cervical Cancer claims a woman’s life — UN issues stark warning
Buddha Air plane veers off runway during landing at Nepal's Bhadrapur, all 55 onboard safe
FBI says ISIS-inspired New Year’s Eve attack in North Carolina foiled, 18-year-old arrested
Priyanka Gandhi Vadra's son Raihan announces engagement to Aviva Baig, shares first glimpse
