Though Tripura is backward in industrialization, it has potentiality for industrial opportunities: Report

New Delhi, Sept 4 (KNN) Though Tripura is backward in industrialization but it has potentiality for industrial opportunities and improvement which in turn will increase employment generation in the state.

This was stated in a government report published by the Directorate of Economics & Statistics Planning (Statistics), Government of Tripura (Agartala).

The report revealed that the State Industries & Commerce Department has been developing industrial area and infrastructure in different parts of the State. Besides, entrepreneurship development and skill development programs are also being conducted in the State.

The number of registered MSME units is 4,870, total 6,455.30 lakhs were sanctioned for Swabalamban since last year, total 7,328.12 lakhs were sanctioned for PMEGP in last year and the state government has launched IT-Policy, said a report of state government.

According to report of Industries Department, Tripura, one of the main thrust areas of the State Industries & Commerce Department is to promote and develop the rural, micro, small and medium enterprises (MSMEs), agriculture based food processing industries and also promoting export and import business with the neighboring country of Bangladesh.

Tea and rubber based industries are taken into consideration for the development of industrial base in Tripura, report pointed.