Tripura: Second Buyer-Seller Meet On Agarwood Begins; Determined To Strengthen Economic Policies By 2025 

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Posted in Featured, Northeast, Tripura
Abhijit Nath, NET Correspondent, Tripura

Agartala, November 24, 2022: Tripura government is determined to achieve a Rs 2000 crore economy target by 2025 through a comprehensive road map following “Tripura Agar Wood Policy 2021”.

Tripura Chief Minister Prof Dr Manik Saha on Wednesday evening inaugurated a three-day long 2nd Buyer-Seller meet organized by the Forest department and JICA SCATFORM at a five-star private hotel here in Agartala city.

Chief Minister launched Agar perfume in presence of the businessmen and industrialists attending this buyer-seller meet for the second time from various parts of the country and abroad.

Addressing the gathering, Dr Saha said “Tripura is having a huge potential in boosting agar-based industries and with this advantage, the state government is looking forward to tap the state’s economy.”

“The incumbent government is serious enough to take the agar sector forward as it was neglected in the past. The government is continuously working to expand and develop the agar industry by adopting various plans. Many steps including Agarwood Policy have been initiated to facilitate agar growers and traders”, he added.

The Chief Minister said that there are more than 12 million agar trees in the private sector in the state.

As the government of India has already approved the export of 25 metric tons of agar wood chips and 1,500 kilograms of agar oil from the country, Dr Saha said “The present state government is working for agar growers and processors so that in the future they can focus on agar financially.”

Speaking at the inaugural ceremony, Additional PCCF Pravin Agarwal said that the current turnover is Rs 500 crore while the government has set a goal to make Rs 2000 crore economy in the Agar sector by 2025 next.

“In Agar cultivation and related activities, more than 5000 families are totally dependent and presently 5o lakh of matured Agar trees were grown in Tripura. Around 30 lakh Agar trees were planted by the Forest department in the past 3 to 4 years and more 15 lakhs trees would be planted in the next planting season of 2023”, he added.

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