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Tripura setting up first Economic Zone with an investment of Rs.1,550 crore

Sentinel Digital Desk

Staff Reporter

GUWAHATI: The Ministry of Commerce and Industry has notified the setting up of the first-ever Special Economic Zone (SEZ) in Tripura on Thursday. The SEZ is being set-up at Paschim Jalefa, Sabroom, South Tripura district, which is 130 km away from Agartala. It will be a sector-specific economic zone for agro-based food processing.

The estimated investment in the project will be around Rs 1,550 crore. The developer of the SEZ will be the Tripura Industrial Development Corporation (TIDC) Ltd. The SEZ is estimated to generate 12,000 skilled jobs. Rubber-based industries, textile, apparel industries, bamboo, and agri-food processing industries will be set-up in the SEZ.