2024-10-01 08:43:58
New Delhi: Under the ‘Rising Rajasthan’ Global Investment Summit 2024, ‘Investor Meet’ was successfully organized today in the country’s capital New Delhi. It was organized under the leadership of Chief Minister Bhajan Lal Sharma. During this ‘Investor Meet’, investment MoUs worth more than Rs 8 lakh crore were signed between the Bureau of Investment Promotion of the State Government and various companies for investment in Rajasthan. With the MoU signed today, the total value of MoUs signed for investment in the state has exceeded Rs 12.50 lakh crore. This reflects the strong faith of the investor and business community in the efforts of the Rajasthan Government to transform the state into a ‘Developed Rajasthan’ by 2047. Apart from CM Sharma, Colonel Rajyavardhan, Industries and Commerce Minister of the Rajasthan Government, was present at this ‘Investor Meet’ held in Delhi. Rathod, Chief Secretary Sudhansh Pant, Additional Chief Secretary to the Chief Minister Shikhar Agarwal, Principal Secretary to the Industries Department Ajitabh Sharma and several other senior officials of the Rajasthan government were also present.
MoU signed with many big companies
Many well-known personalities from the industry and business world participated in this ‘Investor Meet’. During this period, MoUs were signed for investment in many sectors like renewable energy, power transmission, oil and gas, CNG, logistics, agrotech.
Major companies and industrial groups that have signed MoUs with the government for investment in the state include Tata Power, Indian Oil, Avada Group, NHPC, Reliance Bio Energy, Torrent Power, Sterlite Power Transmission, Mahindra Sustain Private Limited, THDC. Many big companies like India, Oil India, Jindal Renewable Power, Essar Renewables, Indraprastha Gas, Adani Logistics, JK Cement, BL Agro Industries, Titagarh Rail Systems are included.
During this, domestic and foreign investors, industry and business leaders, innovators, startups and other relevant stakeholders are invited to invest in the state and participate in the ‘Rising Rajasthan’ Global Investment Summit 2024 held in Jaipur on 9-10-11 December. Was also invited.
CM called investors and businessmen
Inviting investors to invest in Rajasthan, the Chief Minister said, ‘Rajasthan is standing at the threshold of a transformative era. We have adopted a new approach to development and prosperity. We are not only laying the foundation for a strong economy, but also building a sustainable future for generations to come. Our commitment to this transformation is reflected in initiatives designed to attract investment, promote local production and empower our people. Our government is determined to double the economy of Rajasthan from $180 billion to $350 billion in the next five years.
Investor friendly efforts
Talking about the important steps initiated by the government, the Chief Minister said that the acquisition and development of industrial land has been simplified. Initiatives like Private Industrial Park Scheme and Land Aggregation and Monetization Policy are being launched. This will provide a favorable environment to businessmen to expand their business.
Talking about creating an investor-friendly environment in the state, the Chief Minister said that the government’s focus is to facilitate businesses and for this the government is changing its policies, streamlining the processes, reducing the burden of compliance. Is engaged in doing so and is engaged in promoting transparency in government work.
The Chief Minister said, ‘The focus of the state government is not only on making investment related MoUs, but also on bringing them on the ground and converting them into projects.’
Rajasthan is the land of limitless possibilities…
Speaking on the occasion, Industries and Commerce Minister Colonel Rajyavardhan Rathore said, ‘We envision a future where Rajasthan is not only economically prosperous but also sets a benchmark for inclusive and sustainable development. I appeal to all investors to come to Rajasthan. Together we can turn this vision into reality. By investing in our state, you can utilize our abundant resources and strategic location to create strong supply chains and collaborative ventures that will benefit both investors and the state. Rajasthan is a land of limitless possibilities, where there is strong infrastructure and where there is a government that is ready to partner with you.
This is the right time to invest in the state
Speaking about the significance of the ‘Rising Rajasthan’ Global Investment Summit 2024, Sudhansh Pant, Chief Secretary, Government of Rajasthan, said, ‘This investment summit is the beginning of making the state a $350 billion economy in the next 5 years. This is an opportune time to invest in the state as the government wants to enhance mutual partnership through steps like coordinated and simplified policies, ease in regulatory compliance and providing facilities to investors to avail the desired benefits of resources, infrastructure and investment.
On this occasion, Principal Secretary, Industries Department, Ajitabh Sharma, while giving a presentation, said that Rajasthan is very close to Delhi and investors can take advantage of this strategic location by investing in the state, because there is immense potential for investment in various sectors within Rajasthan. Are.
Industry leaders took part
Many stalwarts of the industry also participated in this investor meet in Delhi. These include Ajay S., Chairman and Senior Managing Director of DCM Shriram Limited. Shriram, Dr. Praveer Sinha, CEO and Managing Director, Tata Power, Vineet Mittal, Chairman, Avada Group, Deepak Shetty, CEO and Managing Director, JCB India Limited, Sanjay Agarwal, Managing Director and CEO, AU Small Finance Bank, Director, Confederation of Indian Industry. General Chandrajit Banerjee and Madhav Singhania, Deputy Managing Director and CEO of JK Cement Limited.
Will meet many big personalities
After the ‘Investor Meet’, the Chief Minister will meet many big personalities from the trade and business world today and will address the CEO Roundtable in the evening.
Conclave on 1 October
Apart from this, on October 1, a delegation of Rajasthan government officials led by the Chief Minister visited USA, UK, Germany, Japan, Italy, South Korea, Australia, UAE, Denmark, Indonesia, Malaysia, Singapore, Turkey, Spain, Switzerland, Brazil. , will host a roundtable with ambassadors/diplomats from key countries such as Qatar, South Africa.
In this roundtable, this delegation will give information about important policy changes being made by the state government and fiscal/non-fiscal incentives etc. being given to investors in various sectors. Cooperation will be sought from the diplomats present in inviting companies from their countries to invest in the state.
Earlier, on the same day on October 1 in the morning, this delegation led by the Chief Minister will also participate in the conclave of Central Public Sector Undertakings. Will interact with Chairman/CEOs and other senior officials of Central Public Sector Enterprises. Will invite them to work on new projects in the state or explore new opportunities for collaboration.
To make the ‘Rising Rajasthan’ Global Investment Summit 2024, to be organized under the leadership of Chief Minister Bhajan Lal Sharma, a success, the state government is continuously holding meetings with domestic and foreign investors, institutions and top officials of the corporate world on a large scale, so that the upcoming In time, large scale investment can be made in the state and progress can be made towards achieving the goal of ‘Developed Rajasthan’.
Under this, in the last one month, such investor road shows have been organized in Mumbai, Seoul (South Korea), Tokyo and Osaka of Japan, Dubai and Abu Dhabi of United Arab Emirates and Doha, the capital of Qatar, so that investors can get information about Rajasthan. To join, invite them to invest in the state and make them aware of the investor-friendly policies and opportunities made by the state government.
‘Rising Rajasthan’ Global Investment Summit 2024 at a glance
‘Rising Rajasthan’ Global Investment Summit 2024 will be organized in the capital Jaipur on 9, 10 and 11 December this year. It is being organized under the aegis of the Government of Rajasthan in collaboration with the Department of Industries and Commerce, Bureau of Investment Promotion (BIP) and Rajasthan State Industrial Development and Investment Corporation (RICO), of which BIP is the nodal department.
The objective of this three-day mega summit is to invite big and small companies from India and abroad, international organizations and investors to come and work in the state, to help in setting up various types of industries in the state and to provide other facilities. Is. During this global summit, various sectors including agriculture, renewable energy, education and skills, auto and EV (electric vehicles), infrastructure, chemical and petrochemical, tourism, startups, mining and ESDM/IT and ITeS were discussed. Special sessions will be organized on the areas.
This Investors Roadshow to be held in Delhi is being organized in collaboration with the Confederation of Indian Industry (CII). CII is the Summit Industry Partner of ‘Rising Rajasthan’ Global Investment Summit 2024. Apart from this, PwC India is the knowledge partner of this investment summit.