Agartala, July 14: The Tripura Industrial Development Corporation Limited (TIDC) has reported a steady rise in profits over the past three financial years, with a cumulative profit of ₹9.87 crore. The state-run enterprise has set a target of ₹13 crore profits for the fiscal year 2025–26.
Addressing a press conference at TIDC’s conference hall in Khajurbagan, Chairman Nabadal Banik said that the corporation earned a profit of ₹4.02 crore in 2022–23, followed by ₹7.33 crore in 2023–24, and ₹1.87 crore so far in 2024–25.
The chairman highlighted that under the guidance of Prime Minister Narendra Modi and Chief Minister Dr. Manik Saha, the TIDC is committed to empowering the youth of Tripura through self-reliance. He said initiatives like “Yuba Tripura”, “Nutan Tripura”, and “Atmanirbhar Tripura” are gaining widespread popularity among unemployed youth across the state.
Referring to the TIDC’s focus areas and industrial expansion, the Chairman said that the Corporation has prioritized several key areas, including – Revival of closed units, Acquisition of idle units for new entrepreneurs, Increase in lease rent recovery, Establishment of industry-friendly and investment-centric policies, Skill development and infrastructure improvement
Currently, TIDC manages 13 industrial estates across Tripura and is actively working on developing 7 new industrial areas, he told reporters.
The Asian Development Bank (ADB) has sanctioned a loan of ₹975.26 crore for infrastructure development in nine industrial estates—including Bodhjungnagar, RK Nagar, Dukli, Nagicherra, Kumarghat, Dharmanagar, Dewanpasha, Dhoojanagar, and Sarashima.
In addition, proposals for infrastructure development in four more areas—Jalefa (Sabroom), Shantirbazar, Lalcherra (Ambassa), and Fatikroy—have been submitted to the Union Ministry of MSME. The state government has transferred land for new industrial zones in Shantirbazar and Fatikroy, with surveys currently underway.
