Rajasthan on Tuesday showcased investment opportunities for prospective investors from Karnataka.
"It's our government's endeavour to realise its vision of inclusive growth and all-round development by harnessing the power of partnerships," Rajasthan Urban Development and Housing Minister Rajpal Singh Shekhawat told reporters here.
Inviting investors from the state to participate in the ensuing two-day partnership summit in Jaipur on November 19-20, he said Rajasthan wanted investors from across the country and the world over to harness its investor-friendly environment, developed infrastructure, abundant talent pool and geographic advantage.
"Rajasthan has emerged as a preferred destination for any business looking to expand its manufacturing base. The state has power on 24x7 basis throughout the year, abundant raw materials and land for setting up industries," Shekhawat asserted.
Clarifying that his state's industrial policy and reforms were tweaked to meet needs of large, medium and small investors, the minister said the state government had set up a single-window entry system to attract investments.
"We are overwhelmed by the response in this city, which is a hub for information technology, automotive, education and health-care and look forward to a strong participation from the state in our upcoming summit," Shekhawat added.
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Making a presentation on the advantage of investing in the north-west state, Rajasthan Chief Secretary C.S. Rajan said the state had the second largest network of national highways in the country, with a rail network of 5,822 km and three airports offering domestic and international connectivity.
"Rajasthan has direct access to five major states with a combined population of 385 million. We have 324 well-developed industrial areas spanning 19,200 acres of land," said Rajan.
Prospective investors will also have huge business opportunities in the Delhi-Mumbai Industrial Corridor (DMIC) planned on both the sides of the dedicated freight corridor passing through the state.
The state is offering sector-wise incentives to promote the growth of verticals such as ceramic and glass, dairy, textiles, pharmaceuticals, electronics, tourism, and micro, small and medium enterprises.
Lauding the BJP-ruled Rajasthan government for creating a conducive policy environment to attracting global investments, Confederation of Indian Industry's (CII) Karnataka state council vice-chairman and Bharat Fritz Werner chief executive Ravi Raghavan said the state's investment promotion scheme and new solar policy would promote investments in the state.