Rajasthan Receives Massive Investment Boost Ahead of 'Rising Rajasthan' Summit 2024

Rajasthan has garnered over Rs 5.21 lakh crore in investment proposals within two weeks of announcing the 'Rising Rajasthan' Investment Summit 2024 dates. The summit, aimed at attracting global investment, will be held in Jaipur on December 9-11, 2024. The proposals could generate 1.55 lakh direct jobs.

Rajasthan has secured investment proposals exceeding Rs 5.21 lakh crore (over USD 62 billion) in just two weeks following the announcement of the 'Rising Rajasthan' Investment Summit 2024 dates.

The Bureau of Investment Promotion (BIP) has reported interest from leading corporations at both the national and global levels. These projects are projected to create approximately 1.55 lakh direct employment opportunities. This influx of investment, which equals more than 33 percent of Rajasthan's current GSDP estimated at Rs 15.28 lakh crore for 2023-24, indicates significant economic growth for the state.

Scheduled for December 9-11, 2024, in Jaipur, the summit aims to attract international investment and foster innovation and partnerships. State Industries Minister Colonel Rajyavardhan Rathore expressed enthusiasm over the impressive investor response, attributing it to the dedicated efforts to position Rajasthan as a premier investment destination.

(With inputs from agencies.)