Shradha Infraprojects JV Lands ₹32.42 Crore Tourism Project in Tripura

Shradha Infraprojects Limited has reported a landmark achievement in its infrastructure pipeline. Its subsidiary company, Active Infrastructures Limited, in collaboration with Mecgale Pneumatics Private Limited, has successfully won a high-profile tourism development project from the Tripura Tourism Development Corporation Limited (TTDCL).

Important points:

Value of project: ₹32.42 crore, which is 15.17% higher than the estimated cost

Scope: Improvement of visitor facilities and addition of features at Chaturdash Devta Temple and Kasba Kalibari Temple

Comprises rebuilding Yatri Niwas at Chaturdash Devta Temple

A part of ADB-funded tourism development project in Tripura

Composition of JV: Mecgale Pneumatics (80%) and Active Infrastructures (20%)

The project is consistent with Tripura Tourism Policy 2020-2025, whose objective is to position the state as a global-standard tourist destination. It is orientated towards enhancing infrastructure and tourism experiences at major religious places, which may enhance tourism in the state.

This order win showcases Shradha Infraprojects' increasing footprint in high-value tourism infrastructure projects and adds to its widening order book. The execution of the project will be closely observed since it is an important part of Tripura's tourism development plan.

Sources: Shradha Infraprojects Limited Regulatory Filing, Business Upturn, March 27, 2025