{"id":32350,"date":"2025-01-29T04:33:01","date_gmt":"2025-01-29T04:33:01","guid":{"rendered":"https:\/\/mavericknews30.com\/?p=32350"},"modified":"2025-01-29T04:33:02","modified_gmt":"2025-01-29T04:33:02","slug":"rising-rajasthan-%e2%82%b91100-crore-investment-takes-shape","status":"publish","type":"post","link":"https:\/\/mavericknews30.com\/?p=32350","title":{"rendered":"Rising Rajasthan \u2013 \u20b91,100 Crore Investment Takes Shape"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><strong>RIICO Allocates Land to Four Companies in Auto, Solar Panel, and Textile Sectors<\/strong><\/p>\n\n\n\n<p><strong>Jaipur :<\/strong> Under the leadership of <strong>Chief Minister Bhajanlal Sharma<\/strong>, the <strong>MoUs signed during the Rising Rajasthan Global Investment Summit-2024<\/strong> are progressively being implemented. <strong>RIICO<\/strong> has allocated industrial land to four major companies\u2014<strong>Mexop Engineering Company Limited, Rockman Industries Limited, Lightpath Ventures Private Limited, and Sun Polytex Private Limited<\/strong>\u2014for setting up their industrial units.<\/p>\n\n\n\n<p>The land allocations are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mexop Engineering Company Limited<\/strong> \u2013 Karoli Industrial Area, <strong>Bhiwadi District<\/strong><\/li>\n\n\n\n<li><strong>Rockman Industries Limited<\/strong> \u2013 Salarpur Industrial Area, <strong>Bhiwadi<\/strong><\/li>\n\n\n\n<li><strong>Lightpath Ventures Private Limited<\/strong> \u2013 Ukhlia Industrial Area, <strong>Bhilwara District<\/strong><\/li>\n\n\n\n<li><strong>Sun Polytex Private Limited<\/strong> \u2013 Kaladwas Industrial Area, <strong>Udaipur<\/strong><\/li>\n<\/ul>\n\n\n\n<p>During the <strong>Rising Rajasthan Global Investment Summit-2024<\/strong>, representatives of these companies <strong>expressed their interest in investing in Rajasthan and signed MoUs with the state government<\/strong>. Following these agreements, CM <strong>Bhajanlal Sharma<\/strong> directed RIICO to <strong>streamline all procedures<\/strong>, from land allocation to project execution, making the process easier for companies. Now that land has been allotted, the companies are set to <strong>begin operations soon<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Investment Details and Employment Opportunities<\/strong><\/h3>\n\n\n\n<p>\ud83d\udd39 <strong>Mexop Engineering Company Limited<\/strong> (Auto Sector)<br>A leading manufacturer of <strong>auto components<\/strong> like <strong>die casting and fabrication<\/strong>, the company is <strong>investing \u20b9750 crore<\/strong> in a facility covering <strong>30 acres<\/strong>, generating <strong>1,500 jobs<\/strong>.<\/p>\n\n\n\n<p>\ud83d\udd39 <strong>Rockman Industries Limited (Hero Group)<\/strong> (Aluminum Manufacturing)<br>This company will <strong>invest \u20b9150 crore<\/strong> in <strong>6 acres<\/strong> of land, creating <strong>250 jobs<\/strong>. The unit will focus on <strong>specialized wheel manufacturing<\/strong> in Rajasthan, significantly contributing to the local economy.<\/p>\n\n\n\n<p>\ud83d\udd39 <strong>Lightpath Ventures Private Limited<\/strong> (Solar Panel Manufacturing)<br>With an investment of <strong>\u20b9110 crore<\/strong>, this <strong>6-acre<\/strong> facility in <strong>Bhilwara<\/strong> will employ <strong>150 people<\/strong> and play a key role in making Rajasthan a <strong>solar panel manufacturing hub<\/strong>.<\/p>\n\n\n\n<p>\ud83d\udd39 <strong>Sun Polytex Private Limited<\/strong> (Textile Sector)<br>The company will <strong>invest \u20b987 crore<\/strong> in a <strong>5-acre<\/strong> facility in <strong>Udaipur\u2019s Kaladwas Industrial Area<\/strong>, manufacturing <strong>woven coated and uncoated fabric<\/strong>, creating over <strong>100 jobs<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>CM\u2019s Vision for Investment Implementation<\/strong><\/h3>\n\n\n\n<p>During the <strong>investment summit<\/strong>, CM <strong>Bhajanlal Sharma<\/strong> assured that the <strong>MoUs would be swiftly implemented<\/strong>. He emphasized that the <strong>summit\u2019s conclusion was not the end but the beginning of a better Rajasthan<\/strong>. The state government is committed to ensuring that in <strong>two years<\/strong>, the <strong>public will see real progress<\/strong> on the signed MoUs. <strong>RIICO and other departments are working at full capacity to fulfill this promise.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>RIICO\u2019s Commitment to Industrial Growth<\/strong><\/h3>\n\n\n\n<p>RIICO <strong>Managing Director Indrajit Singh<\/strong> stated that several leading companies have signed MoUs to establish their units in Rajasthan, reflecting their <strong>strong trust in the state&#8217;s industrial policies<\/strong>. RIICO is ensuring <strong>speedy land allocation and assistance<\/strong> to help these companies start operations as quickly as possible.<\/p>\n\n\n\n<p>Recently, RIICO has also allocated land to more companies in the <strong>auto, solar panel, and textile sectors<\/strong>\u2014three industries that serve as <strong>key pillars of economic growth<\/strong> not just for Rajasthan but for <strong>India as a whole<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Strategic Collaboration for Industrial Development<\/strong><\/h3>\n\n\n\n<p>RIICO, a <strong>key industrial development body under the Rajasthan government<\/strong>, is playing a crucial role in <strong>boosting industrial growth<\/strong> and <strong>attracting global investments<\/strong>. By <strong>swiftly allocating land<\/strong> to new investors, RIICO is strengthening the <strong>state\u2019s industrial infrastructure<\/strong> and positioning Rajasthan as a <strong>preferred destination for international businesses<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RIICO Allocates Land to Four Companies in Auto, Solar Panel, and Textile Sectors Jaipur : Under the leadership of Chief Minister Bhajanlal Sharma, the MoUs signed during the Rising Rajasthan Global Investment Summit-2024 are progressively being implemented. RIICO has allocated industrial land to four major companies\u2014Mexop Engineering Company Limited, Rockman Industries Limited, Lightpath Ventures Private &hellip;<\/p>\n","protected":false},"author":4,"featured_media":32351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[143],"post_format":[],"flags":[],"class_list":["post-32350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state","tag-state"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts\/32350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32350"}],"version-history":[{"count":1,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts\/32350\/revisions"}],"predecessor-version":[{"id":32352,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/posts\/32350\/revisions\/32352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=\/wp\/v2\/media\/32351"}],"wp:attachment":[{"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32350"},{"taxonomy":"post_format","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fpost_format&post=32350"},{"taxonomy":"flags","embeddable":true,"href":"https:\/\/mavericknews30.com\/index.php?rest_route=%2Fwp%2Fv2%2Fflags&post=32350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}