Industrial Automation Magazine India

Rajasthan hosts first day of Invest Rajasthan Summit 2022

Published on : Saturday 08-10-2022

RISF will be created in the state to provide a conducive and safe environment to the industries.

October 7th, 2022; Jaipur: Hosted by the Rajasthan government, the first day of the "Invest Rajasthan Summit" began with a grand inaugural ceremony on October 7th, 2022, at JECC in Jaipur. Hon’ble Chief Minister Ashok Gehlot inaugurated the summit in Ranthambhore Hall. In this summit, the Minister of Industries and Commerce, Mrs Shankuntla Rawat, Mr Rajeev Arora, C Chairman, RAJSICO; Dr CP Joshi, Speaker, Legislative assembly Rajasthan; Mr Kuldeep Ranka, Principal Secretary to HCM; the Chief Secretary, Mrs Usha Sharma; Additional Chief Secretary, Industries & Commerce, Mrs Veenu Gupta; Principal Secretary to the Chief Minister, Shri Kuldeep Ranka; BIP Commissioner, Shri Om Kasera and other senior officials were also present.

Notably, the Confederation of Indian Industry (CII) is the National Partner for organising the Invest Rajasthan Summit. The summit was attended by luminaries of the most prestigious corporate groups around the globe including Dr Praveer Sinha, CEO & Managing Director, The Tata Power Company Limited; Dr Anish Shah, Managing Director & CEO, Mahindra & Mahindra Ltd; Mr B Santhanam, CEO, Asia Pacific and India Region, and Chairman, Saint-Gobain India; Mr Ajay S Shriram, Chairman & Senior Managing Director, DCM Shriram Limited; Mr C K Birla, Chairman, National Engineering Industries Ltd; Mr Sudhir Mehta Chairman, Torrent Group; Mr Anil Agarwal, Chairman, Vedanta Group; and Mr Gautam Adani, Founder & Chairman, Adani Group.

Inaugurating the summit, Hon’ble Chief Minister Ashok Gehlot, said, “If we compare the GDP with other states, Rajasthan comes at the seventh place. There are plenty of resources available for entrepreneurship. Rajasthan has emerged as a manufacturing hub in northern India with a wide variety of small, medium, and large enterprises that have been established. The summit is a milestone event to all these commitments and discussions that were made and living up to this very promise of commitment and delivered.

Additionally, he announced that like CISF, RISF will be created in the state to provide a conducive and safe environment to the industries.  The Chief Minister also informed that under the current year's proposed budget, Rs 250-250 Crore provisions have been made for developing a multi-storey industrial complex at Greater Bhiwadi and Boronada in Jodhpur. This will benefit the manufacturing and service sector units of the State.

Addressing the attendees/audience, Industries and Commerce Minister, Mrs Shakuntla Rawat, said, “It is the dream of our Chief Minister, Mr Ashok Gehlot to position Rajasthan on top in terms of investment and employment. DMIC will prove to be an axis of development in Rajasthan and the State has access to 40 percent of the country's markets. Our state is the only producer of zinc and lead and ranks second for minerals in the country that are required for the ceramics sector. For the vision of inclusive balanced industrial development, the industrial policy has been implemented.”

During the inaugural session, 51 MoUs and LoIs, 25 Industrial Areas and Rajasthan Investment Promotion Scheme (RIPS) 2022 were also launched by the Chief Minister. The RIPS 2022 Policy is in congruence with his vision to make Rajasthan the most preferred investment destination in the country. This new policy is highly competitive and has a special focus on promoting green initiatives, inclusive development, employment generation and future technologies across the State. Additionally, The Chief Minister awarded the Rajasthan Ratna Award to Justice Dalveer Bhandari, Justice RM Lodha, Industrialist Shri Anil Agarwal, Industrialist Shri LN Mittal, Shri Sheen Kauf Nizam, and Shri KC Malu.