Ad Here  
February
March
April
May
June
July
 
 
Waste disposal model Pioneering education model Fanciful Rao and tech-savvy Naidu Divide & Prosper Leaky old lorries, mini cabs for techies... Miners asked to pay more Bhubaneswar IIT cries for completion Doubling production and tripling farmers’ income... Monsoon fury MOUs worth Rs.10.54 lakh crore signed Green crimes galore Global Investors Meet Post Poned Time to wake up Development depends on land availability... Info-Park, more space A giant push for millets Kochi Metro Rail Project Launch of ins vikrant, India’s first indigenous aircraft carrier Inter-State boundary Bifurcation yet to end water wars Enchanting and enterprising Tamil Nadu With agriculture at its heart... States Roundup States - Kerala Enticing pest traps Oh, la la. Infrastructure to the FORE Reducing carbon footprint... Come to Tamil Nadu where the action is... ‘E’ for enterprise Homestays, a budding tourism industry CII to set up tourism bureaus TN to suffer serious loss Land acquisition policy is ahead of national policy... It indeed is attractive for investments ODISHA State Forward Bringing magic of Rajasthan alive State of the States Of development and welfare More government apps Vedanta to close Lanjigarh refinery Flurry of collaborations inked by AP KCR’s I-day bonanza Tasks for the new government States - Odisha Municipal Elections Strike over salary hike Infra boost to the new capital All these happened in TN… KTR releases Annual Report Technology has raised the bar... Thalaivaa A blueprint for the future Wouldn’t the Mahatma like clean restrooms in our cities! City of foaming lakes and fire A year of Telangana SIPB clears big proposals AP in better shape Bus services hit State under siege Lingayats get a reminder: it’s poll time Land scams rock AP & TS Industrial corridors to boost economy Competing for good: Tale of two states Mango Diplomacy Winds of change... Stirring the political cauldron It’s Karnataka chalo for Amit Shah? Why the Congress won in Karnataka Global meets galore An industrious idea Nod to cow slaughter bill TN can leverage NLC’s strengths... KNPP with the grid Hype on Hyperloop A neta at it again! When business flocks to MP... MCL has a taste of judicial activism! Power for all Deputy Collector Sindhu! TN to suffer serious loss Benevolent businessthan... Illegal mining of sand Promise of a productive year
 
Benevolent businessthan...
“I am a hotelier. I understand the difficulty of doing business. As Minister for Industry, I will make sure that no industry will face any hardship to set up shop here.” - Gajendra Singh Khimsar, Minister for Industry, Youth Affairs and NRI, Government of Rajasthan.

Minister Khimsar made an evocative, comprehensive presentation on Resurgent Rajasthan Investors Summit to be held at Jaipur on 19-20 November 2015. Excerpts from the presentation:

    Situated strategically close to the National Capital Region (NCR), Rajasthan is a gateway to the north and west. A power surplus state, Rajasthan has 15,000 MW of power generation capacity of which 3400 MW is from renewable energy. The state plans to add another 6500 MW in five years.

Rajasthan has been traditionally strong in minerals, textiles, tourism and gem and jewellery. The focus sectors for this summit are agro and food processing, auto and engineering, electronics and hardware, renewable energy, IT/ ITES, healthcare, MSME, defence manufacturing and infrastructure.

 

Access to a 57 per cent market for automobiles...

With the proximity to NCR, the state is emerging as a strong player in automotive engineering. Bhiwadi, Neemrana and Pathredi in Alwar district are gearing up to host over 100 automotive and auto component manufacturing companies. The zone offers access to 57 per cent of the total automobile sales in the country. The state already boasts of leading players in the industry that include: Honda cars and two wheelers, Ashok Leyland, TAFE, Hero and Mahindra.

Though a land-locked state, its location on the Delhi Mumbai Industrial Corridor (DMIC) is a big advantage: 40 per cent of DMIC goes through Rajasthan. With land acquisition completed for the region, the dedicated freight corridor will become functional by 2017. What takes 4-5 days to reach Jawaharlal Nehru Port in Mumbai can now be covered within twenty hours!

 

Reformed labour laws

Being the first state to amend the labour laws, Rajasthan facilitates easy entry and exit of industries.

Suresh K Poddar, CEO of Mayur Uniquoters Ltd, who has set up a plant in Rajasthan, his home state, for synthetic leather, pointed to having more than 700 workers with no union.

“With 324 developed industrial areas, the government has taken steps to form country specific zones,” detailed Veenu Gupta, Principal Secretary and Managing Director, Rajasthan Industrial Investment Corporation. 1167 acres in Neermana has been earmarked as a Japanese zone. An additional Japanese zone has also been inaugurated recently.  Similarly 250 acres has been allotted for a Korean investment zone.

The government has formulated the Rajasthan Investment Promotion Scheme, 2010 that provides investment subsidy and employment generation subsidy; upto 50 per cent exemption on VAT and CST for seven years. “We have customised packages for industries that invest more than Rs 500 crore or provide employment for more than 500. Companies can provide their wish list and we will evaluate and accept the proposals, if feasible,” said Gupta.

Understanding the importance of public private partnerships (PPP), the government extends facilities for smooth co-ordination. “Till now 132 PPP projects worth Rs 91 billion have been completed and 50 more projects are being implemented,” said Gupta.

S N Eisenhower, Director Operations, Saint Gobain Glass India pointed to the competitive, credible and committed government that was facilitative in setting up his company’s Rs 1000 crore second world glass complex at Bhiwadi.

“Rajasthan, the largest state with a low population density, offers land in advance cheap for industry,” said Minister Khimsar. The Minister welcomed investors to make use of the business-friendly policies of proactive  government.

 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com