Reliance Industries Eyes Investment in Tripura

Tripura Chief Minister Manik Saha announced Reliance Industries' interest in exploring investment opportunities in the state. During a recent meeting in Mumbai, Saha invited Reliance Chairman Mukesh Ambani to participate in Tripura's development journey, highlighting tourism and bamboo-based ethanol production potential. Tripura is also engaging with Tata Group and Airtel on further initiatives.

Tripura Chief Minister Manik Saha has revealed that Reliance Industries is considering investment opportunities in the northeastern state. Addressing an event in Khumulwng, Sepahijala district, Saha discussed his recent meeting with Reliance Industries Chairman Mukesh Ambani in Mumbai, where they explored possibilities for collaboration.

Among the potential avenues for investment, Saha emphasized the state's rich tourism prospects and its 21 bamboo species, which could be utilized to produce ethanol. Following their discussions, Ambani assured that he would send a team to Tripura to assess the opportunities.

Furthermore, Saha highlighted existing partnerships, noting a memorandum of understanding with Tata Group to enhance 19 government-operated industrial training institutes, committing Rs 700 crore over several years. He is also in dialogue with Infosys and Airtel to drive further development initiatives in Tripura.

(With inputs from agencies.)