Rising Rajasthan Global Investment Summit-2024: Over ₹8,500 Crore Investment Proposals Received in Presence of District Collector; Dialogue Held with Industrialists and Investors

Jaipur : A district-level investors’ meet for Jaipur, Jaipur Rural, and Dudu will be held on November 8, 2024, at the Rajasthan International Centre in Jaipur. To ensure the success of the meet, outreach efforts are underway to connect with entrepreneurs across the district. As part of this initiative, a meeting was held on Thursday under the joint aegis of the District Administration, District Industries and Commerce Department, RIICO, Bagru Industrial Association, and Laghu Udyog Bharati, chaired by District Collector and Magistrate Dr. Jitendra Kumar Soni. During the meeting, Dr. Soni interacted with industrialists and investors.

During the session, investment proposals worth over ₹8,500 crores were presented in the presence of the District Collector. The Employer Association, led by President Mr. N.K. Jain, proposed investments totaling ₹8,000 crores, while the Association and Forty and Lions Club committed ₹200 crores each towards industrial development. There was also a focus on exploring and implementing the vast potential in the renewable energy sector.

Addressing the industrialists, Dr. Jitendra Kumar Soni stated that the Rising Rajasthan investment initiative will serve as a milestone for industrial growth in the state. The district administration is creating a conducive investment environment and has held meetings with various investors and industrial organizations to secure agreements worth thousands of crores. He emphasized the administration’s commitment to addressing various industrial issues, promoting the establishment of new industries in the district, increasing job opportunities for youth, and fostering a business-friendly environment.

The meeting saw participation from prominent figures such as Rajasthan Chamber of Commerce President and senior entrepreneur Mr. K.L. Jain, Vice President of the Jewelry Association Mr. Raju Mangodiwala, VKI Association President Mr. Jagdish Somani, Laghu Udyog Bharati’s Mahendra Mishra, and 22 Godam Association President Mr. Vimal Kishore Sarda. Representatives from Malviya Industrial Organization, Mansarovar Industrial Union, and Manda Industrial Area also discussed potential hurdles in establishing industrial units.

Representatives from major industrial associations in Jaipur, including VKI Industrial Association, Forty, Aratiya, 22 Godam Association, Sudarshanpura Association, Bagru, Dudu, Manda, Mansarovar, Jaitpura, Malviya Nagar, Jhotwara, National Oil Mill Association, Machbi, Forex, Rajasthan Hotel Association, and Sitapura Association participated. The associations highlighted various local issues, and the District Collector assured them of solutions.

Entrepreneurs and representatives from industrial units across Jaipur, Jaipur Rural, and Dudu took part in the meeting, with Laghu Udyog Bharati also represented. The General Manager of the District Industries and Commerce Department, Jaipur (City), Mrs. Shilpi R. Purohit, informed the attendees about various state government schemes. Assistant Commissioner, District Industries and Commerce Department, Jaipur (City), Mr. B.R. Chaudhary, provided a detailed presentation on Jaipur’s advantages for investment.

RIICO representative for Jaipur (Rural), Mr. Rakesh Sharma, updated on the development of new industrial areas such as Shri Ram Janki Kunj Bihari Pura, Bichoon, Hukkan, and Nimodia, and shared information on vacant plots available for allocation in industrial areas within Jaipur district.

Under the chairmanship of District Collector Dr. Jitendra Kumar Soni, a dialogue was held with attendees, with a commitment to making the district-level investor meet on November 8 a success through coordinated efforts and maximizing investment proposals.