Investment Opportunities in Tripura

The climate of Tripura exhibits a strong seasonal rhythm. The state is characterised by a warm and humid tropical climate with five distinct seasons: spring, summer, monsoon, autumn, and winter. Occasionally there is hardly any gap between pre-monsoon and monsoon rain. The recorded maximum temperature is 35.60°C. The monsoon generally breaks in the latter part of May or the first week of June and lasts till September. Humidity is generally high throughout the year. In the summer season, the relative humidity varies from 50% to 74%, whereas in the rainy season, it is over 85%.

A more sensitive element of climate is the variation in rainfall. It varies not only from place to place or from year to year but also between seasons. Annual rainfall ranges from 1922 mm to 2,855 mm. The rainfall generally increases from Southwest to Northeast. The northeastern part of the state around Dharmanagar gets maximum rainfall. Most of the rain comes during the months of April, June, and July–September. This period is generally referred to as the Kharif season, and this is the major agricultural season of the state.

Tripura is primarily an agrarian state. Forest area is over 60% of its land use, and the net cropped area is 24% of the total geographical area.

Climatic Advantage

Tripura is the second most populous state in the North-Eastern Region after Assam. The population, as per the 2011 Census, was 36,73,917, out of which 18,74,376 were males and 17,99,541 were females. The population density of Tripura in 2011 was 350 persons per sq. km. The worker population ratio in the state for 2022–23 was 54.3%.

The literacy rate of Tripura was 87.22%, with 91.5% of males and 82.7% of females. The state has rapidly improved literacy levels. The gap in male-female ratio with respect to literacy has been reduced to 8.8% in 2011 as against 17.01% in 2001. Tripura has the third highest literacy in the country.

Demographic Advantage

There are 27 hospitals, 23 community health centres, 120 primary health centres, 1001 sub-centres, 14 blood banks, and 10 blood storage centres through which the state government has been providing basic health facilities to all sections of society.

The sex ratio of Tripura is 960 females per 1,000 males. As per the Sample Registration Survey 2020, the birth rate in the state was 12.6 per thousand population, and the death rate was 5.7 per 1,000 population. The infant mortality rate of 18 per 1,000 live births in Tripura is lower than India's 28.

Healthcare Facilities

Tripura has achieved a high level of literacy at the all-India level and ranked third among the states after Kerala and Mizoram in 2011. As per the Economic Survey 2022-23, the gross enrolment ratio of Tripura for elementary schools is 103.68%, for secondary schools is 71.64%, for higher Secondary schools is 55.16%, and for higher education is 19.2%.

There are a total of 4,929 schools in Tripura, out of which 2,522 are junior basic schools, 1,226 are senior basic schools, 702 are high schools, and 479 are higher secondary schools. The state has three universities, namely Tripura University (Central), MBB University (State), and ICFAI University (Private). There are 4 engineering colleges, 25 general degree colleges, 4 private general degree colleges, 1 government law college, 1 art & craft college, 1 music college, 6 b. ed programme (state & private), 6 polytechnics, 2 medical colleges, 1 agriculture college, 1 fisheries college, 1 veterinary college, 2 pharmacy (government & private), 1 paramedical college, 1 physical education college, 1 tribal folk music college, 1 national school of drama, 1 CIPET, 1 National Institute of Electronics & Information Technology, 1 Rashtriya Sanskrit Sansthan, 1 National Forensic Science University, 1 Bhavan‘s Tripura College of Science & Technology, 11 Nursing Institutes (Government & Private), 1 State Museum, 1 State Archives and 26 Public Libraries, including Birchandra State Central Library.

Educational Facilities

The Tripura State Data Centre offers data centre services to the state government, enabling them to host, run, and store their applications, information, and data, thereby enhancing the reliability, availability, and serviceability of their services for the citizens. The state government also decided to establish a new data centre in partnership with M/s NIXI-CSC Data Services Limited and accordingly signed an MoU with them.

e-Office is developed by the National Informatics Centre to enable efficient, effective, and transparent intergovernmental and intragovernmental transactions and processes. The state government has successfully implemented e-Office in 61 offices.

With a view to promoting the IT/ITeS industries in the state and creating employment avenues for IT-educated youths, the state government has formulated various schemes for promoting software technology parks within the state. Two such parks have been set up in Tripura. One is at IT Bhavan Indranagar and another at Lichubagan Market Complex.

STPI Agartala inaugurated in 2017 within an area of 8072 Sq.ft raw space and incubation facilities for IT/ITeS, BPO, and KPO enterprise development.

STPI Agartala got the 2nd IT park at IT Bhavan, Indranagar, Agartala with an area of 38266 Sq.ft and operational from January, 2018.

The STPIs provide a high-speed internet connection, a 24x7 power supply, and other basic facilities to attract IT entrepreneurs. Currently, six IT/ITeS companies have been incubated at STP Indranagar. Apart from these, six startups—CM Helpline and Emergency Response Support System, CAMP and Child & Women Helpline Call Centre of Social Welfare, and Social Education Department—are also incubated here. At STP Lichubagan, a 120-seat Centre of Excellence for data analytics with lab facilities has been created.

Technology & Advancement

Tripura is a landlocked state in Northeast India, spread over 10,491.69 sq km, bordered on three sides by Bangladesh.

The total length of roads in the state of Tripura in 2022–23 was 14,693 km, which comprises 1,057 km of state highways, 171 km of major district roads, 483 km of other district roads, 1,048 km of urban roads, and 11,943 km of rural roads. The World Bank has also provisioned $ 62.5 million to improve the village roads within 12 aspirational blocks of Tripura. The state PWD (R&B) is improving 120 village roads of 412.74 km in length within this aid.

Since 2016, rail connectivity has been extended to Agartala through a broad gauge. The broad-gauge railway network has extended up to Sabroom. The railway track in Tripura is 265 km long.

The people of the state are dependent, especially on the flights operating between Agartala-Kolkata and Agartala-Guwahati. Besides, recently air connectivity with other sectors of the country has also been improved from Agartala to Delhi, Mumbai, Bangalore, Hyderabad, and Chennai. The runway at Agartala Airport has been extended to 7,500 feet, and an instrument landing system has been successfully installed, which has made night operations possible.

Infrastructure

Tripura has a total renewable energy capacity of 37.05 MW, comprising 16.01 MW of small hydropower and 21.04 MW of solar power. As per the data released by the Ministry of Road Transport & Highways, the total number of electric vehicles as of August 2023 in the state of Tripura was 14,839.

The state is working toward implementing the 24x7 Power for All program to connect the unconnected areas before 2030. It also aims to increase the proportion of the population with access to electricity from 68.4% to 100% by 2030 and the energy GSDP ratio from 2.60% to 5.5%.

STATE Tripura

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STATE Tripura

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