A Memorandum of Understanding was signed between Rubber Board and ATMA on March 1. Participating tyre companies together transferred Rs 12 crore to the account set up by Rubber Board on May 20 and funds provided by the tyre companies are being used for procuring planting materials to commence planting.
Addressing the ‘Destination Tripura – Investment Summit’, Goyal said that the North-East can emerge as a hub for rubber production and called upon the state to be the first off the block and take advantage as the early harvester to expand rubber plantations.
Goyal also said the cross-border Agartala-Akhaura (Bangladesh) rail project worth Rs 972 crore will help promote exports.
“With Agartala airport emerging as the second busiest airport in the NE region, Tripura will act as a Gateway to the North East,” he said.
Observing that Bamboo cultivation is another major resource in the North East, Goyal said Tripura is home to the largest bamboo flooring unit and has the potential to emerge as the country’s hub of agarbatti industry.
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