Building Tripura's Competitive Edge: ADB's $85M Investment

The Asian Development Bank (ADB) has approved an USD 85.4 million loan to improve industrial infrastructure in Tripura, with the goal of enhancing manufacturing competitiveness, fostering employment, and boosting the state's integration into regional and global supply chains.

The Tripura Industrial Infrastructure Development (TIDC) project is part of ADB's continued support for the development of economic and industrial corridors in India. According to a press release, "ADB provided a project readiness financing loan to the state government, which laid the foundation for creating integrated, inclusive, and sustainable infrastructure in the nine industrial estates covered under the project."

Sameer Khatiwada, ADB Senior Public Sector Economist, emphasized, "This project will help address infrastructure gaps by improving transportation, electricity, water, and sanitation services in the industrial estates, while also strengthening institutional frameworks to foster a better business environment."

The development plans include the creation of climate-resilient infrastructure such as roads, stormwater drainage, culverts, and rainwater harvesting systems. Other planned upgrades include energy-efficient power distribution, solar energy installations, modern streetlights, security systems, weighbridges, fire stations, and improved sanitation facilities. In line with environmental sustainability and mobility goals, the project will also introduce compressed natural gas (CNG) and electric vehicles, along with the necessary charging infrastructure at major industrial hubs.

To promote inclusivity, at least 300 square meters in each industrial estate will be designated for women-led businesses. Additionally, the project will establish daycare centers and gender desks to support female workers and encourage greater participation of women in the workforce.

News by Rahul Yelligetti