Enthused by investment summit, Rajasthan going full throttle on industry

The Rajasthan government, enthused by last year’s investment summit, in which memoranda of understanding (MoUs) and letters of intent (LoIs) for around Rs 11 trillion were signed, is going full tilt on industrial development.

Of the 4,192 MoUs and LoIs signed during the summit, around 2,035 MoUs have reached the implementation stage and others are in the advanced stage.

More than 900,000 people are expected to get employment in the state through these.

“To strengthen industrial infrastructure in the state, the government plans to spend Rs 400 crore on developing industrial areas,” a senior industries department official said.

“The state