Govt aims Rs 2,000 crore turnover for Tripura agarwood sector
Guwahati: Union Minister for Development of Northeastern Region (DoNER) Jyotiraditya Scindia said government plans to scale up Tripura’s annual agarwood industry turnover from the present Rs 100 crore to Rs 2,000 crore.
Addressing a gathering after laying the foundation stone of an Agarwood Cluster Common Processing Centre at Uttar Fulbari village in Kadamtala in North Tripura district, Scindia said the common processing centres will focus on quality assurance of agarwood products, primarily fragrance and flavour.
He said that a second Agarwood Cluster Common Processing Centre will come up at Golaghat in Assam and that the total cost of both centres will be Rs 80 crore.
The DoNER Minister said the government would soon commence the process of registration for a Geographical Indication (GI) tag.
The DoNER Minister informed that the Centre has increased the export quota by six times and, accordingly, the export capacity of agarwood oil has been enhanced from 1,500 kg to 7,500 kg.
On the second day of his three-day visit to Tripura, the Union Minister visited the agar-cultivated village of Uttar Fulbari and also interacted with local residents.
Tripura Chief Minister Manik Saha earlier said that the state government is setting up an integrated agarwood cluster at a cost of Rs 27.42 crore under the Prime Minister’s Development Initiative for North East Region (PM-DevINE) project to strengthen the state’s agar-based economy and generate large-scale employment.
The Chief Minister said the proposed cluster will include facilities for nurseries, plantations, distillation units and skill development training for people associated with the agarwood industry.
Once operational, the project is expected to benefit more than 7,000 people, with women and youth being the primary beneficiaries, he said.
CM Saha pointed out that nearly 96 per cent of India’s agar trees are found in the Northeastern states and that Tripura has already been recognised as the country’s second-largest producer of agarwood, with around 1.5 crore agar trees currently growing in the state.
Addressing a gathering after laying the foundation stone of an Agarwood Cluster Common Processing Centre at Uttar Fulbari village in Kadamtala in North Tripura district, Scindia said the common processing centres will focus on quality assurance of agarwood products, primarily fragrance and flavour.
He said that a second Agarwood Cluster Common Processing Centre will come up at Golaghat in Assam and that the total cost of both centres will be Rs 80 crore.
The DoNER Minister said the government would soon commence the process of registration for a Geographical Indication (GI) tag.
The DoNER Minister informed that the Centre has increased the export quota by six times and, accordingly, the export capacity of agarwood oil has been enhanced from 1,500 kg to 7,500 kg.
On the second day of his three-day visit to Tripura, the Union Minister visited the agar-cultivated village of Uttar Fulbari and also interacted with local residents.
Tripura Chief Minister Manik Saha earlier said that the state government is setting up an integrated agarwood cluster at a cost of Rs 27.42 crore under the Prime Minister’s Development Initiative for North East Region (PM-DevINE) project to strengthen the state’s agar-based economy and generate large-scale employment.
The Chief Minister said the proposed cluster will include facilities for nurseries, plantations, distillation units and skill development training for people associated with the agarwood industry.
Once operational, the project is expected to benefit more than 7,000 people, with women and youth being the primary beneficiaries, he said.
CM Saha pointed out that nearly 96 per cent of India’s agar trees are found in the Northeastern states and that Tripura has already been recognised as the country’s second-largest producer of agarwood, with around 1.5 crore agar trees currently growing in the state.
Next Story