Rubber park, cement plants expected to come up in Tripura

Tripura Industrial Development Corporation (TIDC) today said that a rubber park with an estimated investment of Rs 300 crore and two cements plants are expected to be set up in Tripura.

The proposed Rs 300 crore Rubber park will bring a massive change in the state's rubber cultivation, TIDC Chairman Pabitra Kar told PTI today.

Kar said the rubber park was supposed to be inaugurated on July 2 but the inauguration date has been deferred as Commerce and Industry minister Anand Sharma, who was supposed to inaugurate it could not attend the programme on July 2.

Current rubber plantation covers 35,760 hectares of land in the state.

"Three rubber factories are waiting to get approval from the state government. They are interested to set up industries as soon as possible. Two of them are based in West Bengal while a national industrial concern has also approached the government for approval," Kar told PTI.

The TIDC chairman said that ICORE, an industrial group has been allotted land on lease at Bodhjungnagar industrial growth centre, the foundation for which has already been laid. The first unit of the factory is expected to produce cement by September, 2011.

Meanwhile, Birla Corporation announced that the company has recently proposed to set up a three million tonne per annum (mtpa) cement plant in Tripura as a part of the plan to increase the company's total production capacity.