Tripura News Live


Investors from Laos visit Tripura; investment in Agar sector likely

Chief Minister Biplab Kumar Deb met with a delegation from Laos based HSMM GROUP of COMPANIES, who are interested to invest in the Agarwood sector of Tripura.

Chief Minister Biplab Kumar Deb in his tweet said “Under the guidance of PM Shri Narendra Modi Ji, Agarwood sector of Tripura has got a global recognition”.

They shared insightful presentations regarding the project.

They also discussed ways to expand co-operation for the development of Tripura and our people.

Tripura Chief Minister Biplab Kumar Deb on Monday said agarwood-based trade will boost the state’s economy in the next three to four years.

The Chief Minister also discussed about the bright future of agar industry in the state.

He said a delegation from Laos and Vietnam  had arrived in the state to discuss the potential of agar industry in Tripura.

In future, they will invest large sums of money for agar industry in Tripura.

Earlier, a huge quantity of agarwood was smuggled from Tripura as there was no permission for its trade from the state, Deb said.


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