Rising Rajasthan

Rising Rajasthan

The Rising Rajasthan Global Investment Summit will be held from 9th to 11th December 2024 at JECC, Jaipur. This three-day event aims to promote unprecedented, inclusive, and sustainable economic and social development in Rajasthan. The summit will feature focused sessions on specific sectors and investment opportunities, with participation from stakeholders and investors from across the globe.

Hon'ble Chief Minister Syt. Bhajan Lal Ji Sharma and his cabinet ministers will lead this initiative, conducting investor meets and roadshows in India and countries like Japan, Korea, Dubai, Qatar, and Switzerland. We encourage organizations to share this essential information with their members and investors to explore investment opportunities in various sectors in Rajasthan during this landmark summit.

The Ideal Investment Destination

Rajasthan is renowned for its rich culture, heritage, and traditions. The state boasts vast and varied mineral resources, geographical advantages, and progressive economic policies, making it a favored and profitable investment destination. With a hardworking and skilled workforce and a peaceful political environment, Rajasthan creates an ideal atmosphere for businesses to thrive. It is vital for harnessing the demographic dividend, generating employment opportunities, and fostering economic growth—key goals championed by our Hon'ble Chief Minister.

Key Features:

Geographical Significance: Rajasthan is the largest state in India, covering 3.42 lakh sq.km (10% of India's total land area). It shares borders with five states: Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, and Gujarat.

Economic Hub: As a leading center for agriculture, industry, logistics, and education, Rajasthan provides access to approximately 40% of India's market. The state is crucial for key infrastructure linkages between northern and western India, connecting various states to the western coastline.

Strategic Infrastructure: Over 25% of the National Capital Region (NCR) is located within Rajasthan. The state features the third-largest highway network and the second-largest rail network in India, including the Bharat Mala project.

Logistics Excellence: Rajasthan is equipped with nine inland container depots (ICDs), seven airports for international and domestic flights, and one air cargo complex. The Delhi-Mumbai Industrial Corridor, which runs through 40% of the state, highlights its logistical advantages. Additionally, the Central Government has announced a mega industrial township between Pali and Jodhpur, enhancing the region's industrial potential.

Industrial Economy

Rajasthan is a leading player in the industrial economy, producing the second-largest amount of minerals in India. The state is the only producer of zinc and lead and is the largest producer of marble.

Key sectors include:
Textiles: Major hubs for apparel and textile industries like Bhilwara, Pali, and Jaipur.
Automotive: Home to major players like Honda, Hero, Ashok Leyland, and JCB.
Electronics: Developing as a key electronics manufacturing hub, with significant investments in electronics system design and manufacturing (ESDM).

Resource Profile

Rajasthan's tourism industry attracted 22 million visitors in 2023. With its diverse geography, historical architecture, and cultural festivals, Rajasthan remains a top tourist destination. The state is also a rising hub for IT services, with IT parks in Jodhpur, Kota, Jaipur, and Udaipur.

Home to premier education institutions like IIT Jodhpur, IIM Udaipur, and MNIT Jaipur, Rajasthan has a strong skilled workforce. The state also has the largest number of universities (83) in India, supporting industries with well-trained manpower.

The Rajasthan Investment Promotion Scheme (RIPS) offers financial incentives to attract businesses, including subsidies and tax exemptions. Key sectors include manufacturing, IT, textiles, and renewable energy. The One Stop Shop Facility at the Bureau of Investment Promotion ensures a streamlined approval process for investments exceeding INR 10 crore.

Infrastructure and Connectivity

Road Connectivity

The third-largest highway network in India.The third-largest highway network in India.

Rail Connectivity

The second-largest rail network, with multiple inland container depots and metro services in Jaipur.

Air Connectivity

Jaipur International Airport connects the state to major domestic and international cities.

Port Connectivity

Nearest ports include Kandla, Mundra, and Dahej, providing easy access to the western coastline.