After Vibrant Gujarat and Global Bengal, its time for Resurgent Rajasthan. The state has now joined the league to attract investment, promising a resurgence of opportunities in the state.
The State of Rajasthan has set a target to clinch investments to the tune of Rs 200,000 crore through the initiative. The State is also inviting participation in the Resurgent Rajasthan partnership summit slated to be held in Jaipur on November 19 and 20. On Thursday, the state showcased its investment potential to the business community in Pune.
"We want to cross a target of Rs 200,000 crore. Our focus areas include auto, auto ancillary, textile, ceramics, electronics system design and manufacturing (ESDM), solar component manufacturing, IT & ITeS, renewable energy, minerals, engineering, electrical agro-processing and knowledge city. Rajasthan recognises the role that businesses can play in achieving this goal. Therefore, it is placing special emphasis on deepening engagement and forging partnerships," said Kiran Maheshwari, minister of public health engineering department, Government of Rajasthan.
Also, Rajasthan is developing a second special Japanese industrial zone that will focus on sectors such as ceramics and electronic systems design and manufacturing. Rajasthan currently has 324 industrial development areas on 19,000 acres, and has an additional land bank of 9,000 hectares for industrial use. Amongst proposals it has received recently are two from Intex and Micromax together valued at total Rs 1,500 crore to set up manufacturing bases.
Maheshwari added, "After success of the first Japanese zone in Neemrana, the state government will now develop a second industrial investment zone in Ghiloth on nearly 500 acres of land. This zone will soon become a hub for the ceramics and Electronic System Design and Manufacturing (ESDM) industries."
Rajasthan is one of the only states in the country to have a special Japanese Investment Zone inNeemrana in Alwar district of the state, over 130 km from state capital Jaipur. In the first zone, more than 45 Japanese companies, including Daikin, Nissin Brake, Mytex Polymer and Nippon Pipe, among others have invested Rs 4,200 crore in the zone. Rajasthan State Industrial Development & Investment Corporation (RIICO) has earmarked 1,167 acres of land at Neemrana for the Japanese zone.
According to Samit Sharma, Commissioner, Bureau of Investment Promotion, Government of Rajasthan, the state is rapidly developing into an important automotive hub with Bhiwadi, Neemrana and Alwar being host to over 100 automotive and auto component manufacturing companies.
The State of Rajasthan has set a target to clinch investments to the tune of Rs 200,000 crore through the initiative. The State is also inviting participation in the Resurgent Rajasthan partnership summit slated to be held in Jaipur on November 19 and 20. On Thursday, the state showcased its investment potential to the business community in Pune.
"We want to cross a target of Rs 200,000 crore. Our focus areas include auto, auto ancillary, textile, ceramics, electronics system design and manufacturing (ESDM), solar component manufacturing, IT & ITeS, renewable energy, minerals, engineering, electrical agro-processing and knowledge city. Rajasthan recognises the role that businesses can play in achieving this goal. Therefore, it is placing special emphasis on deepening engagement and forging partnerships," said Kiran Maheshwari, minister of public health engineering department, Government of Rajasthan.
Also, Rajasthan is developing a second special Japanese industrial zone that will focus on sectors such as ceramics and electronic systems design and manufacturing. Rajasthan currently has 324 industrial development areas on 19,000 acres, and has an additional land bank of 9,000 hectares for industrial use. Amongst proposals it has received recently are two from Intex and Micromax together valued at total Rs 1,500 crore to set up manufacturing bases.
Maheshwari added, "After success of the first Japanese zone in Neemrana, the state government will now develop a second industrial investment zone in Ghiloth on nearly 500 acres of land. This zone will soon become a hub for the ceramics and Electronic System Design and Manufacturing (ESDM) industries."
Rajasthan is one of the only states in the country to have a special Japanese Investment Zone inNeemrana in Alwar district of the state, over 130 km from state capital Jaipur. In the first zone, more than 45 Japanese companies, including Daikin, Nissin Brake, Mytex Polymer and Nippon Pipe, among others have invested Rs 4,200 crore in the zone. Rajasthan State Industrial Development & Investment Corporation (RIICO) has earmarked 1,167 acres of land at Neemrana for the Japanese zone.
According to Samit Sharma, Commissioner, Bureau of Investment Promotion, Government of Rajasthan, the state is rapidly developing into an important automotive hub with Bhiwadi, Neemrana and Alwar being host to over 100 automotive and auto component manufacturing companies.
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