Home India Chief Minister Addresses CII National Council: ‘Rising Rajasthan’ as the Foundation of Industrial Prosperity
India - December 8, 2024

Chief Minister Addresses CII National Council: ‘Rising Rajasthan’ as the Foundation of Industrial Prosperity

Jaipur : Chief Minister Shri Bhajanlal Sharma stated that the Rising Rajasthan Global Investment Summit is not merely an event but the foundation stone of Rajasthan’s industrial prosperity. He highlighted the immense investment opportunities in minerals, natural gas, tourism, education, healthcare, automobiles, and other sectors in the state. Referring to Prime Minister Narendra Modi’s vision of a “Developed India,” Shri Sharma emphasized aligning this vision with Rajasthan’s goal of becoming a developed state, propelling both the country and the state forward.

While interacting with members of the Confederation of Indian Industry (CII) National Council on Sunday, Shri Sharma commended CII for playing a crucial role in the summit’s success. He lauded the council for acting as a strong bridge between investors and the state government. Through its organizational expertise, CII has transformed the summit into a platform for exchanging ideas, fostering partnerships, and laying a strong foundation for future development.

Investors to Fuel Progress Through Investments in Rajasthan

The Chief Minister expressed gratitude to CII for its support in creating a prosperous and mature platform for investors. He remarked that organizing this summit in the first year of the state government’s tenure demonstrates the commitment to implementing investment proposals effectively. For the first time, the summit is being held as a global investment meet, providing Rajasthan’s industries with access to international markets while attracting foreign investors to contribute to the state’s progress.

MoUs Worth Over ₹30 Lakh Crore Signed

Shri Sharma revealed that MoUs (Memorandums of Understanding) worth over ₹30 lakh crore have been signed during the Rising Rajasthan summit so far, underscoring investors’ exceptional trust and confidence in the state. To further enhance investment, significant changes have been made to the state’s policy framework. Following the launch of RIPS 2024, nine new policies were introduced on December 4.

Comprehensive Efforts for Rajasthan’s Economic Growth

The Chief Minister highlighted the government’s efforts to accelerate Rajasthan’s economic progress, including developing 53,000 kilometers of roads, constructing nine greenfield expressways, and setting an ambitious target to expand energy generation from 30 GW to 125 GW within five years. Comprehensive and ambitious initiatives have also been launched to ensure the adequate availability of water across the state, with results expected soon.

Aiming for a New Era of Development, Investment, and Employment

Shri Sharma emphasized working across various aspects such as skill development, infrastructure, fostering a positive investment environment, transparent governance, innovation, and adapting to changing technologies. These efforts aim to build a robust and stable economy while retaining investors’ trust. He urged everyone to work together to usher Rajasthan into a new era of development, investment, and employment, contributing to doubling the state’s economy within five years.

New Industrial Areas Boosting Growth

The Chief Minister announced the naming and opening of five new industrial areas—Sattasar in Bikaner, Balaria and Jatlaw in Sawai Madhopur, Ramsar in Barmer, and Rajas in Nagaur—as Shri Ram Janaki Industrial Areas, which are now open for land allotments. Additionally, the establishment of eight more industrial areas—Bichun (Jaipur), Dubbi-Bidrakha (Sawai Madhopur), Chadual-Abu Road, Jhak-Second (Jodhpur), Babai (Jhunjhunu), Ganeshwar (Sikar), Palra Extension (Ajmer), and Ram Nagar Thob-Balotra—is also underway.

Prominent attendees included Chief Economic Advisor to the Government of India Shri V. Anantha Nageswaran, Additional Chief Secretary (CMO) Shri Shikhar Agarwal, Principal Secretary (Industries) Shri Ajitabh Sharma, Joint Secretary (CMO) Shri Siddharth Sihag, CII President Shri Sanjiv Puri, industrialists Shri Anil Agarwal, Shri R. Mukundan, Shri Rajiv Memani, Shri Deepak Shetty, and Shri Madhav Singhania, among other industry leaders and senior CII officials.

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