Rajasthan Government signed MoUs worth more than Rs 8 lakh crore in an ‘Investor Meet’ led by Chief Minister Bhajan Lal Sharma. The meet was held in Delhi under the ‘Rising Rajasthan’ Global Investment Summit 2024’ and the MoUs were signed between the State Government’s Bureau of Investment Promotion and various companies for investment in Rajasthan.
With these new agreements, the total value of MoUs signed for investment in the state has surpassed Rs 12.50 lakh crore, showcasing the strong confidence of the investor and business community in the Rajasthan government’s efforts to transform the state into a ‘Developed Rajasthan’ by 2047.
The meet was attended by key officials, including Industry and Commerce Minister Colonel Rajyavardhan Rathore, chief secretary Sudhansh Pant additional chief secretary to the Chief Minister Shikhar Aggarwal, principal secretary to Government Ajitabh Sharma, and several other senior officers from the Rajasthan government.
During the event, domestic and foreign investors, industry leaders, innovators, startups, and other stakeholders were invited to invest in the state and participate in the ‘Rising Rajasthan’ Global Investment Summit 2024, scheduled for December 9-11 in Jaipur.
Chief Minister Bhajan Lal Sharma highlighted significant steps taken by the government to create a conducive environment for businesses. He noted that the acquisition and development of industrial land has been streamlined, and initiatives such as the Private Industrial Park Scheme and Land Aggregation and Monetisation Policy have been launched to facilitate business expansion.
During the event, domestic and foreign investors, industry leaders, innovators, startups, and other stakeholders were invited to invest in the state and participate in the ‘Rising Rajasthan’ Global Investment Summit 2024, scheduled for December 9-11 in Jaipur
Rajasthan government officials led by the CM will host on Tuesday a roundtable with ambassadors and diplomats from key countries, including the US, UK, Germany, Japan, Italy, South Korea, Australia, UAE, Denmark, Indonesia, Malaysia, Singapore, Turkey, Spain, Switzerland, Brazil, Qatar, and South Africa. During this roundtable, the delegation will discuss significant policy changes made by the state government and the fiscal and non-fiscal incentives available to investors across various sectors. They will seek cooperation from the diplomats to encourage companies from their countries to invest in Rajasthan. Additionally, discussions will take place during the conclave of Central Public Sector Enterprises (CPSEs).
During the event, domestic and foreign investors, industry leaders, innovators, startups, and other stakeholders were invited to invest in the state and participate in the ‘Rising Rajasthan’ Global Investment Summit 2024, scheduled for December 9-11 in Jaipur.
Chief Minister Bhajan Lal Sharma highlighted significant steps taken by the government to create a conducive environment for businesses. He noted that the acquisition and development of industrial land has been streamlined, and initiatives such as the Private Industrial Park Scheme and Land Aggregation and Monetisation Policy have been launched to facilitate business expansion.
Emphasising the government’s commitment to fostering an investor-friendly atmosphere, Sharma stated that the focus is on facilitating businesses through policy changes, simplifying processes, reducing compliance burdens, and promoting transparency in governance. He reiterated that the state government’s goal is not only to sign investment-related MoUs but to transform these agreements into tangible projects on the ground.
During the event, Industry and Commerce Minister Col. Rajyavardhan Rathore emphasised that Rajasthan envisions a future marked by economic prosperity and a benchmark for inclusive and sustainable development. He invited all investors to explore opportunities in Rajasthan, asserting that together, they can turn this vision into reality. Rathore highlighted that by investing in the state, investors can leverage its abundant resources and strategic location to establish robust supply chains and collaborative ventures that benefit both parties. He reiterated that Rajasthan is a land of limitless possibilities, supported by strong infrastructure and a government eager to partner with investors.
Highlighting the importance of the ‘Rising Rajasthan’ Global Investment Summit 2024, Chief Secretary Sudhansh Pant stated that the summit marks the beginning of transforming the state into a $ 350 billion economies within the next five years. He emphasised that this is the ideal time to invest in Rajasthan, as the government aims to foster mutual partnerships through coordinated and simplified policies, ease of regulatory compliance, and by offering investors opportunities to fully leverage the state’s resources, infrastructure, and investment potential.
During the event, Ajitabh Sharma, Principal Secretary of the Department of Industries, highlighted that Rajasthan’s proximity to Delhi provides a strategic advantage for investors. He emphasized that by investing in the state, investors can tap into immense opportunities across various sectors, leveraging this advantageous location for their ventures.
Several industry stalwarts attended the investor meet in Delhi, including Ajay S. Shriram, Chairman and Senior Managing Director of DCM Shriram Limited; Dr Praveer Sinha, CEO and Managing Director of Tata Power; Vineet Mittal, Chairman of Avaada Group; Deepak Shetty, CEO and Managing Director of JCB India Limited; Sanjay Agarwal, Managing Director and CEO of AU Small Finance Bank; Chandrajit Banerjee, Director General of the Confederation of Indian Industry; and Madhav Singhania, Deputy Managing Director and CEO of JK Cement Limited. Following the investor meet, Chief Minister Bhajan Lal Sharma engaged with prominent figures from the trade and business community