The tribal communities (indigenous groups) of Tripura have their respective arts and cultures or folklores or folktales which are initially oral and passed down to the younger generations by the senior members from generation to generation. Due to the modernization and influx of migrated people from the neighboring country to Tripura, created threats among the tribal communities for maintaining their unique identity and traditional cultures. Their enriched culture is getting mix-up and they are wondering to save their culture for the next generation. The present study discusses the issues and challenges faced by tribal communities to maintain their enriched arts and culture by keeping in view the present condition of Tripura. To provide a platform where the tribal communities can preserve their arts and cultures or folklores, one model is proposed namely "Indigenous Cultural Heritage of Tripura", which might preserve their unique traditional arts and cultures or folktales.