AGARTALA, December 17 (TIWN): An investment conclave focusing on the investment potential of Tripura was organized by Indian Chamber of Commerce (ICC) supported by Ministry of Food Processing Industries, Government of India was held at Pragna Bhavan, here today.Addressing in the conclave joint director and head-agriculture and food division of Indian Chamber of Commerce (ICC) Madhuparna Bhowmik said that the agro-climatic conditions are favourable for growing various fruit and horticultural crops. The products of Tripura are well known both on the table and in other processed forms. There is a scope for the expansion of this sector under any specific variety, if required.A modern Food Park is being set up near Agartala, to give a fillip to this sector. An Agri Export Zone for Pineapple is also being developed. There is a vast potential for setting up of food processing units in the State. The State also has potential in the meat processing sector. There is an ample scope for area expansion under organic spices cultivation in Tripura. Major spices include Ginger, Turmeric, Chilli, Black Pepper, Cinnamon, Tezpatta, the joint director mentioned.
Tripura is one of the seven states in the north eastern part of India located between 22 degree and 56 minutes and 24 degree and 32 minutes north latitude and between 90 degree and 09 minutes and 92 degree and 20 minutes east latitude.

 It is bounded on the north, west, south and south-east by Bangladesh whereas in the east it has a common boundary with Assam and Mizoram. The location of Tripura is strategic in the International context, being between Bangladesh on one side and South East Asia on the other, she mentioned.

It is the second largest state in the North-Eastern region of the country in terms of population. The state has a large variety of fruit crops like pineapple, orange, jackfruit, litchi, etc. which are of high quality with scope for food processing units.

Given the opportunities, the Government of Tripura has made several efforts for attracting investment into the various sectors of the State. The investors can set up various industrial units by optimally utilizing the numerous resources as well as the incentives and schemes available in the State, she mentioned.

Principal Secretary department of Indian Chamber of Commerce government of Tripura (ICC) Lok Ranjan, Principal Secretary department of agriculture Dr. V K Bahuguna, Director of department of  Indian Chamber of Commerce (ICC) Pravin L Agarrwal and other officials were present in the conclave.