Gehlot approves 32 investment proposals worth Rs 1.42 lakh crore in Rajasthan

Jaipur, Oct 2 (PTI) Rajasthan Chief Minister Ashok Gehlot has approved 32 projects to encourage investment of over Rs 1.42 lakh crore. This will create employment opportunities for more than 32 thousand people in the state.

In the third meeting of the Investment Board on Sunday at the Chief Minister’s residence, Gehlot said that the state government is committed to remove the barriers to investment.

He said that the State Government has implemented many important policies and programs to increase investment and in this regard MSME Policy-2022, Handicraft Policy-2022, Tourism Promotion Policy-2022, Rajasthan Investment Promotion Scheme (RIPS-2019) in Rajasthan. Many facilities are being provided to the investors through Rajasthan Industrial Development Policy-2019 and one stop shop system.

The Chief Minister said that due to the industrial policies of the State Government, proposals of big international companies to set up industrial units are constantly being received, which will further strengthen the industrial development of Rajasthan.

He said that the State Government is determined to establish units and increase employment opportunities in the private sector. While directing the department for the preparations for ‘Invest Rajasthan Summit’, he said that this conference will play an important role in the industrial development of the state.

Gehlot directed to study the possibilities of development of cement industry in Jaisalmer division. It is noteworthy that in this area sufficient raw material like limestone etc. is available for cement industry.

Proposals approved in the meeting mainly include Azure Power Pvt Ltd in Renewable Energy Sector, Renew Power Pvt Ltd etc., Asahi India Glass Ltd in Plastic and Glass Manufacturing, Hero Electric Vehicles in Electric Vehicle Sector, Okaya EV Pvt Ltd in addition to Textiles, Mines. The projects in and minerals, food and beverages, hospitality, cement, auto and auto components and agriculture and agro-processing have been approved by the board.