Investors told to Rajasthan as best destination in Resurgent Rajasthan Summit - RNews1 Network

Investors told to Rajasthan as best destination in Resurgent Rajasthan Summit

Resurgent Rajasthan Summit, Resurgent Rajasthan Partnership Summit, Resurgent Rajasthan Partnership Summit 2015, Confederation of Indian Industry, Union Finance Minister Arun Jaitley, Rajasthan CM Vasundhara Raje
Jaipur : The two-day global investment meet 'Resurgent Rajasthan Partnership Summit 2015', which is being organise by the Rajasthan Government in association with Confederation of Indian Industry (CII), got underway today. The two-day summit is being held at Jaipur Exhibition and Convention Centre in Sitapura Industrial Area of the capital city Jaipur.

The summit kicked-off with lamp-lighting in the presence of the Union Finance Minister Arun Jaitley; Governor of Rajasthan Kalyan Singh; Union Ministers Ananth Kumar, M. Venkaiah Naidu, Suresh Prabhu, Rajiv Pratap Rudy; State Chief Minister Vasundhara Raje; State Industries Minister, Gajendra Singh Khimsar; State Chief Secretary, C.S. Rajan; a wide cross-section of the captains of Indian industry; and business leaders, diplomats and government representatives from across the globe.

Japan, Singapore, Italy and South Australia are international partners in the Resurgent Rajasthan Partnership Summit 2015.The inauguration set the pace for the Summit with the Chief Minister announcing that the commitments of investments stood at Rs. 3,30,000 crore generating 2.5 lakh jobs.

The summit brings together leading investors from across the world to interact with the political leadership, government officials and local business leaders to discuss investment opportunities in Rajasthan.

Chief Minister Vasundhara Raje said, “Under the able stewardship of the Prime Minister, Narendra Modi, the Centre is nurturing an ecosystem of strong, empowered States.”

Asserting that the Summit was not a one-off event, she added, “We do not live in an economy but in a society. And that is why the Rajasthan Model of Development rests on the triad of ‘Social Justice’, ‘Effective Governance’ and ‘Job Creation’.”

Chief Guest Arun Jaitley commended the Vasundhara Raje Government’s successful efforts over the last two years to rescue Rajasthan from a precarious state of public finance and noted with satisfaction that the Resurgent Rajasthan Partnership Summit was a movement that marked a steady flow of investment into the State.

Minister of Urban Development and Housing & Urban Poverty Alleviation, M.Venkaiah Naidu, said that Rajasthan was the first State to achieve total convergence in the implementation of the country’s new urban initiatives. It was also the first state to sign MoUs for promoting affordable housing projects with private and public sector companies.

He added that, the proposed investment expected from these 27 MoUs is Rs.12,478 crore and total direct employment benefit expected is 38,950 jobs in housing, health and medicare and education and institutional sectors.

Railway Minister Suresh Prabhu revealed that the State Government would enter into a joint venture with the Railways to develop rail infrastructure in the State. He said 24 railway stations will be developed in the State.

Union Minister for Chemicals and Fertilizer, Ananth Kumar committed to set up projects worth Rs.10,000 crore. These include a new campus of the National Institute of Pharmaceutical Education and Research in Jhalawar, upgradation of the Central Institute of Plastic Engineering and Technology at Jaipur, and setting up a Rs.5500-crore project in Kota, marking the first investment in urea production in 20 years.

He also promised to set up a plastic park in Bhiwadi and a medical devices park in the state subject to the availability of land.

Captains of industry including Adi Godrej, Cyrus Mistry, Anand Mahindra, Uday Kotak, Anil Ambani, Anil Agarwal, Pawan Munjal and Kumar Mangalam Birla hailed the State Government’s implementation of its reforms agenda and promotion of ease of doing business.

They spoke of their presence in Rajasthan and reaffirmed their commitment to the State.

Anil Agarwal of Vedanta, which has interests in zinc and crude in the state, had the potential of being “another Australia and another Canada”.

Anil Ambani of ADAG Group said that his conglomerate had decided to make Rajasthan its solar growth centre.




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