Jyotiraditya Scindia, Union Minister for Development of North Eastern Region (DoNER) and Communications, laid the foundation stone for the ₹80 crore Agarwood Value Chain Development Scheme at North Fulkabari in Tripura on January 24–25, 2026, in a major effort to transform the state's traditional agarwood economy into a contemporary, internationally competitive industry.
From trees on farmers' fields to high-value goods like fragrances and aromatic oils in foreign markets, the program aims to boost the entire agarwood value chain. In order to accomplish this, two Central Processing Centres (CPCs) would be set up to manage the processing, branding, and marketing of agarwood products, one in Tripura and the other in Golaghat, Assam. In order to guarantee that farmers obtain the full value of their produce and profit directly from worldwide demand, these centres seek to remove intermediaries.
A number of supportive initiatives are being implemented in order to make the industry globally competitive. under order to give growers easier access to markets, the process of obtaining a Geographical Indication (GI) tag for agarwood is under progress, export restrictions have been greatly raised, and regulatory clearances are being integrated on a digital platform.
With about 150 million agarwood trees, approximately 90% of which are in the Northeast, Scindia noted that Tripura and Assam together produce the majority of India's agarwood. Tripura's agarwood production capacity is predicted to increase by up to 50% as a result of this project, and the state's agarwood sector may reach an annual turnover of ₹2,000 crore in three to four years thanks to improved export prospects and direct international connections.
The program highlights Tripura's distinctive economic assets while promoting rural employment and sustainable growth, in line with national initiatives like "Local to Global," "Vocal for Local," and One District One Product (ODOP).
Team Yuva Aaveg-
Adarsh Tiwari
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