Ad Here  
Enchanting and enterprising Tamil Nadu Municipal Elections Info-Park, more space Nod to cow slaughter bill Winds of change... Bus services hit Industrial corridors to boost economy With agriculture at its heart... Enticing pest traps States - Odisha Time to wake up Vedanta to close Lanjigarh refinery Of development and welfare Technology has raised the bar... Promise of a productive year AP in better shape Kochi Metro Rail Project Hype on Hyperloop A year of Telangana Strike over salary hike Lingayats get a reminder: it’s poll time SIPB clears big proposals MOUs worth Rs.10.54 lakh crore signed Flurry of collaborations inked by AP Oh, la la. Why the Congress won in Karnataka All these happened in TN… Divide & Prosper Wouldn’t the Mahatma like clean restrooms in our cities! Global meets galore Green crimes galore Development depends on land availability... Global Investors Meet Post Poned Infra boost to the new capital TN to suffer serious loss A blueprint for the future Bhubaneswar IIT cries for completion Inter-State boundary Reducing carbon footprint... A giant push for millets Benevolent businessthan... States Roundup Homestays, a budding tourism industry KCR’s I-day bonanza Infrastructure to the FORE KTR releases Annual Report Deputy Collector Sindhu! Waste disposal model Come to Tamil Nadu where the action is... A neta at it again! Doubling production and tripling farmers’ income... When business flocks to MP... Miners asked to pay more Thalaivaa Competing for good: Tale of two states State Forward TN to suffer serious loss Bifurcation yet to end water wars Power for all State under siege Leaky old lorries, mini cabs for techies... Tasks for the new government CII to set up tourism bureaus Launch of ins vikrant, India’s first indigenous aircraft carrier ‘E’ for enterprise Illegal mining of sand Land scams rock AP & TS Fanciful Rao and tech-savvy Naidu TN can leverage NLC’s strengths... ODISHA More government apps State of the States Pioneering education model KNPP with the grid Land acquisition policy is ahead of national policy... Bringing magic of Rajasthan alive States - Kerala City of foaming lakes and fire Monsoon fury An industrious idea MCL has a taste of judicial activism! Mango Diplomacy It’s Karnataka chalo for Amit Shah? It indeed is attractive for investments Stirring the political cauldron
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 :
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
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236