The inaugural investor meet for the upcoming ‘Rising Rajasthan’ Global Investment Summit 2024 was successfully held in Mumbai, India’s commercial capital, on August 30, under the leadership of Chief Minister Bhajan Lal Sharma. The event facilitated the signing of MoUs worth over INR 4.5 lakh crore with the Bureau of Industrial Promotion (BIP), the nodal department organising the summit, to drive significant investments into Rajasthan. The meet was graced by the Minister of Industries, Col. Rajyavardhan Rathore, alongside top business leaders and industry groups.
The gathering saw investment MoUs across diverse sectors, including Cement, Chemicals and Petrochemicals, Civil Aviation, ITI upgradation, and Renewable Energy. Notable companies such as Adani Group, Vedanta Group, JSW Group, Tata Group, Waaree Group, Dalmia Group, and Star Cement were among those who signed agreements. During the event, Chief Minister Sharma also launched the official website for the ‘Rising Rajasthan’ Global Investment Summit 2024 to much applause.
Speaking at the event, Chief Minister Sharma emphasised Rajasthan’s role in achieving a ‘Viksit Bharat’ by 2047, highlighting the state’s rich resources, skilled talent, and vast opportunities. “The journey towards a ‘Viksit Rajasthan’ is pivotal to achieving the goal of a ‘Viksit Bharat’ by 2047. Rajasthan is brimming with immense potential, and I invite the investor community to capitalise on this momentum,” he said.
Sharma added that the MoUs signed at the meet demonstrate investors’ strong faith in Rajasthan’s policies, expressing confidence in making the state a USD 350 billion economy within the next five years. Minister of Industries, Col. Rajyavardhan Rathore, also underscored the state’s commitment to investors, stating, “There is only one VIP in Rajasthan—the investor. The positive response from investors has given us wings to dream big and boosts our confidence in making the ‘Rising Rajasthan’ Global Investment Summit 2024 a huge success.”
Chief Secretary Sudhansh Pant highlighted the summit’s role in driving the state towards a ‘Viksit Rajasthan’ by 2047, noting the government’s swift policy decisions and the growing trust among investors. Following the investor meeting, Chief Minister Sharma held one-on-one meetings with top industry leaders, inviting them to invest in Rajasthan’s investor-friendly ecosystem.
Prominent business leaders attending the meet included Anand Mahindra, Chairman of Mahindra and Mahindra Group; Sajjan Jindal, Chairman of JSW Group; Kumar Venkatasubramanian, Managing Director for India and South Asia at Procter & Gamble; Priya Agarwal, Non-Executive Director at Vedanta Ltd and Chairperson of Hindustan Zinc Limited; and others.
