The Government of Rajasthan has inked 12 Memoranda of Understanding (MOUs) worth Rs.2530 crores for the setting up industrial units in the state.
The MOUs were signed in the presence of Rajasthan Chief Minister Vasundhara Raje Scindia by Rajasthan's Commissioner for Industries, Abhay Kumar.
The proposed industrial units are expected to generate approximately 8000 jobs and several thousand more indirect employment opportunities in association with the Confederation of Indian Industry (CII).
"Rajasthan recognises the role industry plays in fostering all-round development. It creates jobs and generates revenue to enable social sector spends," said Scindia today while addressing an investor meet organized by the Government of Rajasthan and the Confederation of Indian Industry (CII).
"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.
Asserting that industrial resurgence was not an end itself, she 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 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.
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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.
Rajasthan's Industries Minister Gajendra Singh Khimsar, said, "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," he added.
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 and 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 and Senior Managing Director, DCM Shriram Ltd.
