Published On: Fri, Sep 23rd, 2016

Rajasthan makes a business case for investment

northDelhi: “Rajasthan offers investors a conducive business environment, a supportive government and a large repository of skilled workforce that provides a great opportunity to those looking to expand their business in the north,” said Shri Vaibhav Galriya, Commissioner, Investment and NRIs, Government of Rajasthan.
Shri Galriya was addressing a special session on Rajasthan at the 5th Invest North Conclave organized by Confederation of Indian Industry (CII). The Conclave concentrated on the role of northern states of India in creating enabling policies and models to attract investment and promote growth in the region and comprised several sessions that showcased strategies adopted by the states of the region, including Rajasthan.

During the session titled, “Resurgent Rajasthan: Enabling Business Environment and Projects for Investment,” Shri Galriya detailed the government’s efforts in promoting Rajasthan’s overall development on the three pillars of effective governance, social justice and job creation under the visionary leadership of Chief Minister Vasundhara Raje.

Shri Galriya also discussed the benefits and advantages the state offers investors, including attractive sector policies, structural reforms, market access, industry-ready infrastructure, developed land, sector-specific and country-specific industrial parks, skilled manpower and ready access to the Delhi Mumbai Industrial Corridor.

He added: “The Government of Rajasthan has focused its efforts on developing a conducive business climate across the state with policies that promote the growth of various sectors across industries. The government has reinforced the support offered to businesses through a mechanism that meticulously monitors the progress of projects to ensure time bound implementation. We are also committed to ensuring that all the incentives provided to industries under various policies and schemes are maintained unaffected in GST regime. These are some of the factors that make Rajasthan one among seven states that have been recognized as aspiring leaders in making India a globally prominent investment destination.”

Rajasthan’s allure to the investor community was also made evident through special mention of the Resurgent Rajasthan Partnership Summit – the state’s global investor meet held on November 19 and 20, 2015 in Jaipur – that attracted investment intent worth INR 3.38 lakh crore from a plethora of local and international investors.

Sharing his company’s experience in Rajasthan, Shri Chirag Pittie, Director, Shri Vallabh Pittie Group said, “Encouraged by the cooperation and support of the state government, I have no hesitation in announcing our expansion plans in Rajasthan. I would strongly recommend to my fellow entrepreneurs that if they want to expand any industry or set up a new enterprise, that they should put Rajasthan at the very top of their list of destinations. The very fact that we have been able to set up a project of this size in a short time period of 9 months proves the commitment and hard work put in by all the state government officials, and that Rajasthan has also been the most investor-friendly state in the country.”

Shri Pankaj Dubey, Managing Director, Polaris India said, “The moment we met the Rajasthan officials, we chose Rajasthan as a destination because of the kind of response that we got from the government officials…That trend continues, and every time we meet officials, we get a positive response. I would like to thank the management that has supported us from the government side, and would urge you to look at Rajasthan as a serious destination.”

Mr Rajat Agrawal, Chairman, Rajasthan State Council, Confederation of Indian Industry said, “The Government of Rajasthan has made sustained efforts to enhance the ease of doing business. These include the implementation of various policies that ensure investors receive all the support they require to get their businesses running in a timely and efficient manner.”

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