Rajasthan Chief Minister Bhajan Lal Sharma on Friday extended an invitation to industries to join the three-day 'Rising Rajasthan' Global Investment Summit, scheduled to begin on December 9.
At a roadshow organised by the Confederation of Indian Industry (CII) in Mumbai, Sharma signed investment agreements worth ₹4.5 lakh crore, expected to generate approximately 678,000 jobs primarily in the renewable energy, education, and cement sectors.
"This is the inaugural 'Rising Rajasthan' Global Investment Summit, and I encourage industry leaders to participate and invest in our state. We are committed to providing all necessary resources and support for setting up your industries," Sharma said.
The Mumbai roadshow marks the first in a series of promotional events for the summit. Future roadshows are planned in Delhi, Hyderabad, and Chennai, as well as international locations including Japan, South Korea, Singapore, the UAE, Saudi Arabia, the UK, and Germany.
Sharma highlighted Rajasthan's readiness to attract investors, with policies aimed at doubling the state's gross domestic product (SGDP) to ₹30 lakh crore over the next five years from its current ₹15 lakh crore.
"We aim to channel investments into key sectors to realise our vision of a ₹30 lakh crore economy within five years. Our commitment extends beyond signing agreements; we are focused on their implementation," he added.
The state is targeting investments in a range of sectors including agriculture, renewable energy, education and skilling, automotive and electric vehicles, infrastructure, chemicals and petrochemicals, tourism, startups, mining, and electronics system design and manufacturing/IT and ITeS.
State Industry Minister Rajyavardhan Rathore, who also attended the event, emphasised the importance of economic power.
"Our goal is to transform Rajasthan into an industrial hub within the next five years. To achieve this, we have made our policies investor-friendly and are continuously working to attract investment. We possess the political will to make Rajasthan prosperous," Rathore said.
He further noted Rajasthan’s strategic geographical position, with a significant portion of the national freight corridor passing through the state, alongside its second-largest rail network and third-largest road network in the country.
"With around 40 per cent of the market within reach, Rajasthan is an ideal location for business," Rathore concluded.
The 'Rising Rajasthan' Global Investment Summit will take place in Jaipur from December 9 to 11.
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