CM in Delhi to promote investment in state
MoUs worth Rs. 2530 crore signed; proposed
industrial units to create 8000 jobsJaipur, “Rajasthan recognizes the role industry plays in fostering all-round development – it creates jobs and generates revenue to enable social sector spends,” VasundharaRaje, Chief Minister of Rajasthan, said here today.
The Chief Minister was addressing an investor
meet organized by the Government of Rajasthan in association with the
Confederation of Indian Industry (CII). During the event, 12 MoUs were signed between
private companies and the government to set up industrial units in the state
involving a total investment of Rs. 2530 crore. on the behalf of Rajasthan
Govt. the MOU were SIgned by Commissioner,Industries Shri Abhay Kumar. The
proposed industrial units are expected to generate approximately 8000 jobs and
several thousand more indirect employment opportunities.
The Delhi roadshow is a part of a series of
events being held across India and abroad to promote investment opportunities
in Rajasthan ahead of the global Resurgent Rajasthan Partnership Summit, slated
to be held in Jaipur on November 19 and 20, 2015. Asserting that industrial
resurgence was not an end itself, the Chief Minister revealed that the theme of
the Partner Summit was ‘Delivering Dreams, Sharing Prosperity’. The theme
highlighted the fact that the overall focus of the State government was on
last-mile delivery and prosperity for all.
“The core idea is to create an economy that
works for everyone, in which every citizen has the chance to realize their
dreams. We must recognise we do not live in an economy, but in a society. We
must promote economic development in a manner that equal benefits accrue to
investors as well as to our citizens,” she added.
Industries Minister,Gajendra Singh
Khimsar, stated, “Rajasthan provides a great opportunity to investors from all
parts of India and overseas to
expand their business, reliably source material
and establish new manufacturing capacities. We seek the active participation of
the captains of industry from India and abroad in the Resurgent Rajasthan
Partnership Summit.” The Government of Rajasthan has placed economic reforms at
the centre of its development strategy. Rajasthan has recently taken measures
to simplify procedures to establish and operate businesses in the state. In
addition to this, many steps have been taken to impart skill training to the
youth. The private sector is playing a key role in this. The state government
has also initiated a series of labour reforms to make it easier for industry to
create more jobs.
“The policies of any state are the first considerations
in investment decisions by an industrialist. Rajasthan has been at the
forefront of launching industry-friendly policies on a regular basis. The
release of Rajasthan Investment Promotion Scheme, Solar Policy, Rajasthan
Mineral Policy 2015 & Rajasthan Tourism Unit Policy 2015 are such examples.
Rajasthan is the first state to have a country-specific zone (Japan); more
countries have expressed interest in these, as well,” said Ajay S Shriram,
Chairman & Sr Managing Director, DCM Shriram Ltd
Furthermore, provisions to promote investment
have been consolidated and put forth in the Rajasthan Investment Promotion
Scheme-2014. Some of the salient features of this scheme are the extension of
subsidies to focus sectors, exemption from duties and fees, and measures to
curb red-tapism. With these concerted efforts, the state government is
confident that it will attract investors from India and abroad to Rajasthan.
Rajesh Agrawal, Co-Promoter, Micromax India
said, “Hosting the first Japanese Zone, Rajasthan is an internationally
renowned destination for investments in India. The largest producer of solar PV
power, Rajasthan presents significant investment potential in PV solar cell
manufacturing. Part of National Capital Region (NCR) with a large consumer
base, stable law & order environment, ample availability of power and a
pro-active government, Rajasthan is the emerging star in the Silicon &
Digital industry (like Cell Phone, LED TV, Computers, Laptop, Notebook, Solar
Cell, Electronic Health Equipments, Auto Electronics, etc manufacturing) in
India.”
Mr Shrikant, from Confederation of Indian
Industry has praised Rajasthan, stating, “Rajasthan is a State focused on
reforms and on enhancing ease of doing business. The State has taken the lead
in introducing reforms and on delivering on its commitments. Rajasthan offers
tremendous potential, and
will be the solar capital of India. I urge
investors to focus their investment plans on Rajasthan if they want to create
wealth.”
Earliar Chief secretary of Rajasthan C.S.
Rajan & Principal secretary Industries Veenu Gupta have been addressed
the delegates.On the occassion Secretary to CM (Second) T.Ravikanth,
Commissioner,Industries Abhay Kumar & Commissior BIP Dr. Samit Sharma
were also present.
Earlier roadshows in Japan, Germany, Mumbai,
Pune, Kolkata, Indore, Bengaluru, Chennai, Hyderabad and Ludhiana have been
huge successes, and have attracted the interest of a large cross-section of
investors.
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 organized by the Government of Rajasthan in association with
the Confederation of Indian Industry (CII). The summit will have
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