Rajasthan Showcases Investment Potential at Delhi Roadshow

Rajasthan Chief Minister Bhajan Lal Sharma highlighted the state's investment-friendly environment at the Delhi Roadshow of Rising Rajasthan. Plans were unveiled for new infrastructure, green energy initiatives, and unique district products. Key stakeholders emphasized the state's rapid economic growth and significant investment opportunities across diverse sectors.

Rajasthan Chief Minister Bhajan Lal Sharma emphasized the state's investment-friendly policies and simplified processes to foster a conducive business environment during the Delhi Roadshow of Rising Rajasthan on Monday. Organized by the Bureau of Investment Promotion, Government of Rajasthan, in partnership with the Confederation of Indian Industry (CII), the roadshow showcased Rajasthan as a premier investment destination.

Highlighting the state's proactive approach, CM Sharma stated, "There are ample opportunities for investment in the state," and assured support to investors. He noted that Rajasthan is the first state in the country to deputize senior bureaucrats to assist in investment facilitation and implementation. Sharma also emphasized the state's commitment to simplifying processes and adopting an investment-focused approach to attract businesses.

Discussing the unique potential of Rajasthan's districts, Sharma announced the 'One District, One Product' initiative, aimed at promoting the distinctive agricultural and cultural strengths of each district. He also revealed plans to establish a new college dedicated to teaching foreign languages, enabling youth to access global employment and business opportunities.

The Chief Minister outlined the state's ambitious infrastructure goals, including plans to construct 53,000 km of new roads and 2,650 km of greenfield expressways. For energy, Rajasthan aims to expand its production capacity to 33,600 MW by 2031-32, reinforcing its position as a leader in the green energy sector.

Sharma mentioned that the recent cabinet meeting approved MoUs worth Rs 4.5 lakh crore signed during the prior roadshow in Mumbai, with investments spanning cement, auto components, and battery storage sectors. The Rajasthan Investment Promotion Scheme 2024 was also highlighted, aiming to attract investments in MSMEs and emerging sectors.

Domestic and international investors were invited to explore opportunities in Rajasthan, and CM Sharma encouraged them to submit their investment intent via the Rajnivesh portal. The Rising Rajasthan Global Investment Summit, scheduled from December 9 to 11 in Jaipur, will showcase investment opportunities and discuss reform agendas.

Several MoUs were exchanged between the Government of Rajasthan and various companies during the Delhi roadshow, marking significant investments. Minister Col Rajyavardhan Rathore emphasized Rajasthan's vast investment opportunities in tourism, IT, agriculture, logistics, infrastructure, renewable energy, and green hydrogen. He noted the state's strategic location and excellent connectivity.

Sudhansh Pant, Chief Secretary of the Government of Rajasthan, described the state as a "land of opportunities" with significantly accelerated decision-making processes. Ajitabh Sharma, Principal Secretary of Industries & Commerce, presented a vision of doubling Rajasthan's economy from the current Rs 15 lakh crore to Rs 30 lakh crore within five years, emphasizing its rapid growth.

CII Director General Chandrajit Banerjee committed to ensuring global participation in the Rising Rajasthan Summit. He announced plans to establish a CII IGBC Centre in Rajasthan and further support through CII Centres of Excellence focusing on sustainability, water, agriculture, and green building.

(With inputs from agencies.)