Rajasthan bags investment commitments worth nearly Rs 70,000 crore

Ahok Gehlot

The Rajasthan government, in the Invest Rajasthan ceremony 2022 held on Wednesday, signed MoUs worth Rs 69,789.93 crore with different entities, creating a total of 11,846 direct employment opportunities, an official statement said.

The investments were envisaged in various districts across the state, including Bhilwara, Chittorgarh, Jhalawar, Ajmer, Jaipur, Udaipur, Alwar, etc. where RIICO (Rajasthan State Industrial Development and Investment Corporation) has developed special sectoral zones over the years.

Addressing the media, Rajasthan Chief Minister Ashok Gehlot said that there is a very good investment environment in Rajasthan and about Rs 11 lakh crore worth (MoUs or investment commitments) have already been signed so far.

“We hope that investment MoUs (commitments) worth Rs one lakh crore would be signed in September. Besides, more investors are expected to come to the state later during ‘Invest Rajasthan’ scheduled on October 7 and 8 in Jaipur,” he said. The chief minister said that investors from abroad would also participate in ‘Invest Rajasthan’.

During the event, CM Gehlot said that he was happy that the investor summit was happening on such a big scale. “I would like to hear and understand the problems that investors face investing in Rajasthan,” he said.

“I assure you that I am committed to providing solutions to you. Some of the most successful industrialists who have touched heights in business are from Rajasthan. With good law and order situation, beautiful roads, focus towards health, and many other new developments, Rajasthan is a wonderful state for you all to come and invest,” he added.

Rajasthan is becoming a strategic location for any investor as it covers about 58 per cent of the DMIC (Delhi Mumbai Industrial Corridor) influence area and the new GAS Grid project — spread over 1,730 Km.

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