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Tripura Signs MoUs with Patanjali Yogpeeth Trust for ₹400 Crore Investment

The Tripura government on Tuesday signed two Memoranda of Understanding (MoUs) with Patanjali Yogpeeth Trust, marking a major step to attract private investment and strengthen value chains in key sectors. The proposed investment of nearly ₹400 crore will focus on agriculture and forest-based industries.

Through these agreements, the state aims to accelerate multi-sectoral growth and create new employment opportunities.

Agreements Signed in Presence of Chief Minister

The MoUs were signed in the presence of Chief Minister Prof (Dr) Manik Saha. The Industries and Commerce Department and the Forest Department entered into the agreements with Patanjali Yogpeeth Trust.

Director of Industries and Commerce Dr Deepak Kumar and Principal Chief Conservator of Forests R K Samal signed the documents on behalf of the state government. On the other hand, Acharya Balkrishna, CEO and Managing Director of Patanjali Yogpeeth Trust, represented the organisation.

The signing ceremony took place at the Tripura Institution for Transformation conference hall. Meanwhile, Industries and Commerce Minister Santana Chakma, OSD to the Chief Minister Paramananda Sarkar Banerjee, senior officials, and Patanjali representatives attended the event.

Read More: Tripura Among Top Three States in NQAS Certification of Public Health Facilities

Focus on ‘New Tripura’ Vision

Speaking to reporters, Chief Minister Manik Saha said the government is actively working to build a “New Tripura”. He added that the state aligns its development strategy with Prime Minister Narendra Modi’s vision of a “New India.”

Moreover, the chief minister highlighted Tripura’s rich natural resources. He stated that the government continues to make focused efforts to unlock the state’s potential and attract investments from outside.

According to him, strategic partnerships with reputed organisations will strengthen Tripura’s economic base.

Emphasis on Organic Farming and Value Chains

Referring to the guiding principle of “Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas,” the chief minister expressed confidence in the outcome of the MoUs.

He noted that Patanjali’s proposed investment would support organic farming initiatives. As a result, Tripura could move closer to its goal of becoming an organic state.

In addition, the collaboration will help develop agriculture- and forest-linked value chains. This approach is expected to improve farmer incomes and promote sustainable livelihoods.

Patanjali Shows Interest in Multiple Sectors

Addressing the programme, Acharya Balkrishna said Patanjali Yogpeeth Trust looks forward to contributing to Tripura’s growth.

He explained that the trust is ready to work across multiple sectors. These include agriculture, forest-based industries, religious tourism, information technology, and skill development.

Furthermore, he assured full cooperation with the state government. He expressed confidence that joint efforts would help transform Tripura into a model state in the coming years.

Step Towards Sustainable Growth

Overall, the MoUs mark a significant milestone in Tripura’s investment outreach. By encouraging private participation, the state aims to achieve sustainable growth and strengthen its rural economy.

Officials believe the partnership with Patanjali will deliver long-term benefits and support Tripura’s

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