Rajasthan Industries Minister Makes a Business Case for Investing in the State

NEW DELHI, September 11, 2015 /PRNewswire/ --

"Rajasthan provides a great opportunity to investors from India and overseas to expand their business, reliably source material and establish new manufacturing capacities. We are seeking the active participation of the captains of industry in the upcoming Resurgent Rajasthan Partnership Summit," said Shri Gajendra Singh Khimsar, Minister of Industries, Government of Rajasthan.

The minister was addressing the Rajasthan Session at the 4^th Invest North Conclave organised by the Confederation of Indian Industry (CII) here today. The conclave concentrated on the role of northern states of India in creating enabling policies and models to attract investment and promote growth in the region.

The minister also stated, "Rajasthan has a strategic location and market access due to its proximity to Delhi-NCR. The Delhi Mumbai Industrial Corridor and the Dedicated Freight Corridor, 39% of which will pass through our state, are set to play a major role in Rajasthan's infrastructure and industrial development. What makes Rajasthan a winning proposition is our leadership in skill development for our youth. Industry will have no dearth of employable manpower and our youth will have jobs and employment opportunities in all major sectors."

At the Invest North Conclave, specific sessions were held to showcase the strategies followed by the states to promote growth and attract investment. Titled, 'Resurgent Rajasthan: Enabling Business Environment and Projects for Investment', the session on Rajasthan  focused on the state government's efforts to promote overall development, under the visionary leadership of Chief Minister Vasundhara Raje, based on the three pillars of effective governance, social justice and job creation.

Previously, the state has held roadshows in Japan, Germany, Mumbai, Pune, Kolkata, Indore, Bengaluru, Chennai, Hyderabad, Ludhiana and Delhi, in the run-up to the Resurgent Rajasthan Partnership Summit, the global investor meet slated to be held in Jaipur on November 19 and 20, 2015. These investor meets have resulted in attracting the interest of a large cross-section of investors.

Sharing his company's experience in Rajasthan, Shri Vijay Thadani, Chief Executive Officer, NIIT Limited, said, "Rajasthan represents a fine balance with its rich cultural heritage, modern industrial development, futuristic knowledge and skills infrastructure and a responsive government." 

Shri Suresh K Poddar, Chairman, Rajasthan State Council, Confederation of Indian Industry, said, "The government of Rajasthan is taking proactive steps in providing ease of doing business to industries. Quite a number of good policies, such as the Rajasthan Investment Policy Scheme 2014, Public Procurement Policy, Mining Policy and Tourism Unit Policy, have been announced. These have created a huge interest among prospective investors. Very effective government and bureaucracy and timely action are at the core of Rajasthan's success."

Dr. Samit Sharma, Commissioner, Investment and NRIs, Government of Rajasthan, addressed the gathering on the key investment policies of the state as well as its focus sectors, which include automotive manufacturing; energy (including renewable energy); IT/ITes; Electronic System Design Manufacturing; Mines & Minerals; Ceramics & Glass; Tourism; Healthcare; Textiles; Agriculture, Dairy & Food Processing; MSME; and Defence.

Shri Rajat Agarwal, Managing Director, Gravita Industries and Vice Chairman, Rajasthan State Council, Confederation of Indian Industry also shared his company's experience of investing in Rajasthan.

About Resurgent Rajasthan Partnership Summit 

The Resurgent Rajasthan Partnership Summit, scheduled to be held in Jaipur on November 19-20, 2015, will bring together leading investors from all over the world for interacting with policy makers, including the political leadership, government officials and local business leaders on the investment environment and opportunities in Rajasthan. The summit is being organised by the government of Rajasthan in association with the Confederation of Indian Industry (CII). The summit will have thematic seminars, conventions, panel discussions, discussion forums, B2B & B2G meetings, exhibition pavilions and other networking programmes. The state government expects a significant surge in global investor interest and definite commitment to invest as a result of the Resurgent Rajasthan Partnership Summit. For further information, please visit: http://resurgent.rajasthan.gov.in/ .

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