 "Rajasthan’s investment summit aims for global partnerships, with CM Sharma leading efforts to attract ~.9 trillion in investment.")
Rajasthan Chief Minister Bhajan Lal Sharma is actively promoting the state for investment ahead of the upcoming investment summit from December 9 to 11. The summit, which will be inaugurated by Prime Minister Narendra Modi, aims to attract global investments and foster innovation in Rajasthan. So far, the state government has secured commitments for approximately 6.9 trillion in investments. An eight-member delegation is currently visiting Italy to engage with potential investors in various sectors, including machinery, automobiles, and food products. Local trade bodies suggest appointing successful business figures as brand ambassadors to enhance investment appeal. The ongoing efforts, including international roadshows, highlight Rajasthan’s commitment to becoming a hub for economic growth.
Rajasthan’s investment summit, “Rising Rajasthan,” is on the horizon, with plans to host global investors from December 9 to December 11, 2024. Chief Minister Bhajan Lal Sharma, along with key government officials, is leading efforts to draw in investments through various roadshows both in India and internationally.
Recent reports indicate that the Rajasthan government has already secured memoranda of understanding (MoUs) worth approximately 6.9 trillion rupees in investments before the summit kicks off. This number is expected to rise as more efforts are made to engage potential investors, with the current eight-member delegation visiting Italy to encourage investments in sectors like machinery, automobiles, fashion, and food.
The investment summit will be inaugurated by Prime Minister Narendra Modi, reflecting the government’s commitment to boosting the state’s economy. In line with this, the All Rajasthan Trade and Industry Association (ARTIA) has suggested that successful business figures from the state act as brand ambassadors. This move aims to leverage their networks to attract investments from fellow Rajasthani entrepreneurs, whether they are based in other parts of India or abroad.
As excitement builds for the upcoming summit, all eyes will be on Rajasthan to see how these initiatives translate into real economic growth for the state.
Tags: Rajasthan, Bhajan Lal Sharma, investment summit, Rising Rajasthan, trade and industry, economic growth, global investment, MoUs, Prime Minister Narendra Modi.
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What is the main goal of the December summit in Rajasthan?
The main goal is to attract investors to the state and boost economic growth by showcasing opportunities in various sectors. -
Who can attend the summit?
Investors, business leaders, and entrepreneurs from around the world are invited to attend and explore investment opportunities in Rajasthan. -
What sectors are Rajasthan highlighting for investment?
Rajasthan is focusing on sectors like renewable energy, tourism, manufacturing, and IT to attract diverse investments. -
How will the government support investors?
The government plans to offer incentives, simplify processes, and provide necessary infrastructure to make it easier for investors to set up their businesses. - Why is Rajasthan trying to attract more investment now?
Rajasthan wants to create jobs, enhance infrastructure, and promote sustainable economic development, especially post-pandemic.
