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RUBBER PARK

TRIPURA AS A RUBBER HUB

Tripura is the Second largest rubber growing state next to Kerala.


Presently area under plantation is 35,760 hectares yielding @ 1500 Kg per hectare. The present production is 20,000 MT, expected to increase to 25,000 MT over the next 5 years.

 

 


 

State Package of Incentives:

  • Capital Investment Subsidy @ 30% subject to a ceiling of Rs.30 lakhs.

  • Additional Capital Investment Subsidy @ 5% to Thrust Sectors/Exports Oriented Units etc.

  • Tripura Sales Tax Reimbursement for a period of 5 years from the date of set up.

  • Price Preference @ 10% on Purchase by the Government.

  • Interest Payments Reimbursement @ 4%.

  • Standard Certification Charge Reimbursement up to Rs.50,000 per unit.

Central Package of Incentives

  • Central Transport Subsidy @ 90% of transport costs of Raw materials/Finshed Goods calculated between siliguri and factory site and @ 50% of transport costs of finished goods movement within the region.

  • Interest Subsidy of 3% on working capital loans.

  • Comprehensive Insurance Scheme for new industrial units set up after 24-12-97 for 10 years.The risk coverage includes fire, lighting storm, landslides, cyclones, riots, strikes, malicius/terrorist damages.

  • Announced additional incentives included income tax exemption for 10 years for new industrial units located in growth Centers/Industrial Estate.

 
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