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Home » News » Business
Business

Tripura attracts Rs 35,140 crore investments through Ease of Doing Business reforms

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 14, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Tripura attracts Rs 35,140 crore investments through Ease of Doing Business reforms
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Sustained Ease of Doing Business reforms in Tripura have resulted in the signing of 394 Memorandums of Understanding, bringing in proposed investments worth Rs 35,140 crore. These reforms include simplification of approvals, self-certification mechanisms, and digitization of services. Tripura Industry and Commerce Department Secretary Kiran Gitte mentioned that 94 projects have transitioned into grounded investments worth Rs 5,352 crore due to streamlined regulatory processes.

Major investments have been seen in healthcare, tourism, logistics, and infrastructure sectors in Tripura. The state government has achieved a significant milestone by completing all priority areas under Deregulation Phase-II of the national Compliance Reduction and Deregulation initiative. Tripura is now the first state in India to achieve this feat, positioning itself as a leader in regulatory reforms and Ease of Doing Business.

Initiated in January 2026, Deregulation Phase-II in Tripura covered 28 Priority Areas across various sectors like Revenue, Urban Development, Industries, Labour, Environment, Tourism, Health, Education, and Digital Governance. The reforms focused on reducing compliance burdens, digitizing approvals, and creating a more transparent and investor-friendly regulatory ecosystem, according to Kiran Gitte.

The state’s efforts to simplify regulations and enhance transparency have significantly boosted investor confidence and reduced entry barriers. Tripura also collaborated with the National Law University for a review of state Acts, rules, and government orders to further simplify regulations. The reforms aim to improve service delivery, reduce compliance costs, and establish Tripura as a model state for governance in India.

Compliance Reduction and Deregulation Deregulation Phase-II Ease of Doing Business investment Kiran Gitte Memorandums of Understanding National Law University regulatory reforms Tripura Tripura Industry and Commerce Department
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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