Union Minister Jyotiraditya Scindia Lays Foundation Stone of ₹80 Crore Agarwood Value Chain Development Scheme

Ministry of Development of North-East Region Union Minister Jyotiraditya Scindia Lays Foundation Stone of ₹80 Crore Agarwood Value Chain Development Scheme Agarwood sector will become a strong example of ‘Local to Global’ under PM Modi’s leadership: Scindia Tripura’s agarwood farmers will receive full value under the

leadership of Chief Minister Dr Manik Saha: Scindia Scheme aims to increase Tripura’s production capacity by up to 50% प्रव तथ: 24 JAN 2026 6:45PM by PIB Delhi Agartala, Tripura Union Minister for Development of North Eastern Region (DoNER) and Communications, Shri Jyotiraditya Scindia, on Saturday, during the second day of his three-day visit to Tripura and Assam, reached North Fulkabari in Tripura, where he laid the foundation stone of the ₹80 crore Agarwood Value Chain Development Scheme.

On the occasion, the Union Minister said that under Prime Minister Narendra Modi’s vision for a developed Northeast, he has brought several development initiatives for the region during this visit. Some of these were dedicated to the public on the first day of the visit on Friday, the foundation stone for the agarwood value chain has been laid today, and tomorrow the Matabari Tourism Circuit will be inaugurated as the one of the biggest gift of this visit.

Shri Scindia stated that India’s agarwood production capacity is primarily concentrated in Tripura and Assam, and this scheme aims to infuse new energy into the strengths of both states.Complete Agarwood Value Chain to be Developed through ₹80 Crore Scheme: Scindia-- Union Minister Shri Scindia explained that the scheme will strengthen the entire agarwood value chain from trees in farmers’ fields to perfume bottles in international markets.

He informed that two Central Processing Centres (CPCs) will be established under the scheme, one in Golaghat (Assam) and the other in this region of Tripura. These centres will enable comprehensive processing, branding and marketing, eliminating middlemen and ensuring that farmers receive the full value of their produce.

GI Tag, Increased Export Quota and Digital Permissions to Enable Global Market Access-- Union Minister said several key steps have been taken to make the agarwood sector globally competitive.

The process for obtaining a Geographical Indication (GI) tag is underway; export quotas have been increased six-fold; agarwood chips exports have been raised from 25,000 kg to 1.5 lakh kg; agarwood oilexports from 1,500 kg to 7,500 kg; and sites and permissions are being integrated on a digital platform so that farmers can directly connect with international markets.

He emphasized that the clear objective is to remove intermediaries and ensure that the full benefit reaches farmers directly.

Fulkabari’s Agarwood Sector: A Living Example of ‘Local to Global’ and ‘ODOP’-- The Union Minister said that Fulkabari’s agarwood sector stands as one of the strongest examples of Prime Minister Modi’s vision of ‘Local to Global’, ‘Vocal for Local’ and ‘One District One Product

(ODOP)’.

He noted that India currently has around 150 million agarwood trees, nearly 90% of which are located in the Northeastern states. Through this scheme, Tripura’s production capacity is expected to increase by up to 50%.Tripura’s Agarwood Market Has Potential for ₹2,000 Crore Annual Turnover with Direct Global Linkages-- Minister expressed confidence that within the next 3–4 years, Tripura’s agarwood market alone can develop an annual turnover potential of ₹2,000 crore.

To connect farmers directly with global markets, buyer-seller meets are being organized. He cited a recent meeting with buyers from Qatar, where farmers were directly linked with international purchasers.

Commitment to Taking Tripura to New Heights under the Prime Minister’s Guidance-- Concluding his address, the Union Minister said that this scheme is a result of Prime Minister Narendra Modi’s vision of focusing on the unique strengths of each state. Continuous efforts have been underway in this direction for over a year, and today those efforts have borne fruit.

He expressed confidence that in partnership with the Tripura Government, the agarwood sector will be given global recognition, making the state a new benchmark in the journey towards Atmanirbhar Bharat.

Series of Development Initiatives for Tripura Continues-- Minister Scindia stated that while he is in Tripura today for the agarwood project, several other development initiatives for the state are also progressing. Just yesterday, he laid foundation stones and inaugurated projects worth ₹220 crore, reviewed the Agartala Government Inter College project (₹192 crore) and the Maternal & Child Health Hospital (₹200 crore).

Union Minister further informed that on Sunday, he will lay the foundation stone for the ₹280 crore Matabari Tourism Circuit. ****** PS (रलीज़ आईडी: 2218232) आगंतुक पटल : 726 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu