The event saw the signing of numerous MoUs valued at Rs 4.50-lakh crore in total, indicating strong investor interest in Rajasthan. (Representational Image)The Government of Rajasthan officially launched the first of a series of domestic and international roadshows in Mumbai, as part of preparations for the ‘Rising Rajasthan’ Global Investment Summit 2024. Slated to be held from December 9 to 11 in Jaipur, the summit aims at attracting significant investment to the state by showcasing Rajasthan as a premier destination for global investors.
As part of the initiative, a roadshow was held in Mumbai led by Rajasthan’s Chief Minister Bhajan Lal Sharma and Minister for Industries Colonel Rajyavardhan Rathore.
The event saw the signing of numerous MoUs valued at Rs 4.50-lakh crore in total, indicating strong investor interest in Rajasthan. The roadshow also featured one-on-one interactions between the CM and leading industry figures, underscoring the state’s commitment to fostering a business-friendly environment.
“Rajasthan is undergoing a remarkable transformation, and our goal is to continue this momentum by attracting investments that will drive growth and innovation across sectors. We promise every investor the ease of doing business along with impressive returns,” said the CM.
The event also witnessed the launch of a dedicated website for ‘Rising Rajasthan’ asummit, designed to provide potential investors with detailed information about the summit, investment opportunities, and the state’s economic landscape. Industry leaders who have previously invested in Rajasthan shared their experiences, highlighting the state’s industrial growth and infrastructure development under CM’s leadership. A short film showcasing recent investments in Rajasthan further emphasised the state’s potential as a top investment destination.
Ajitabh Sharma, principal secretary of Industries and Commerce Department, who is spearheading the Rising Rajasthan summit, highlighted the state’s strengths and opportunities. He said, “When we talk about doubling our economy in the next five years, we have a clear strategy and roadmap. To ensure that businesses thrive and grow, we are introducing several competitive advantages for investors. These initiatives will not only benefit investors but also support our vision of a ‘Viksit Rajasthan.’ Our ultimate goal is to transform Rajasthan into a USD 350 billion economy over the next five years.”
The three-day 2024 summit will focus on attracting global investment, fostering innovation, and building partnerships across sectors. Organised with support of the Industry and Commerce Department, Bureau of Investment Promotion (BIP), and RIICO, the summit will feature plenary sessions on key sectors such as agriculture, renewable energy, education, infrastructure, and tourism among others.