Not only corporates and private sector, Rajasthan government will also woo public sector undertakings (PSUs) for investment in state during Rising Rajasthan, a mega investment summit to be held from 9-11 December, 2024.
Rajasthan chief minister Bhajan Lal Sharma directed all officials to work on a war scale for the success of this summit, which is the maiden investment activity of this tenure.
In recent times, central government owned PSUs have pledged huge investment in Rajasthan. NTPC, Coal India Limited, NLCIL and SVJN Green Energy has signed MoUs with Rajasthan government for power plants in the state.
“Officers should coordinate with PSUs to bring their projects in the state. There is immense potential in the field of mining, medical, petroleum, pharmaceutical, airport, tourism, textile, automobile, IT, education, railway and defence,” he said.
Investment Invitation Package for Global Investors
Bhajan Lal Sharma told officials to design special investment invitation package for global investors to attract foreign investments in the state. He also instructed officials to hard sell Rajasthan as investment destination through road shows across the country and international destinations like Japan, South Korea and Switzerland among others which have interest in the state.
The team will start its road show from the financial capital Mumbai on August 30, 2024. Industries minister Rajyavardhan Singh Rathore is already off to Switzerland for export promotion.
The officials in the high level meeting included chief secretary Sudhansh Pant, additional chief secretary Shikhar Agarwal, principal secretary industries Ajitabh Sharma, industries and BIP commissioner Rohit Gupta, RIICO managing director Shiv Prasad Nakate, special secretary to CM Sandesh Nayak and joint secretary to CM Sidharth Sihag.
Set up war room for proper coordination
Chief minister Bhajan Lal Sharma directed officials to set up war room, which should constitute experts and specialist officers with all the required resources.
“The summit should be promoted through all the means and mode to make it successful. We must reach out to every prospective investor. The proposals which we have received should be fructified immediately while we must yearn to develop business interest of investors,” Bhajan Lal said.
Rising Rajasthan on the lines of summits in UP and Gujarat
Recently, Uttar Pradesh and Gujarat held investor summits. While UP attracted investment commitments worth more than Rs 33.50 lakh crore, Gujarat pulled investment of Rs 26.33 lakh crore during the three-day flagship summit of Vibrant Gujarat.
Bhajan Lal Sharma told officials to organise summit on similar lines and cross the benchmark created by these two states. A couple of days back, a delegation of senior officers led by chief secretary Sudhansh Pant had gone to Lucknow and Gandhinagar to study the reasons behind the success of those two summits.
Prakash Bhandari is a veteran journalist with over 50 years of experience. He has worked with The Times of India for 30 years and contributed to leading publications as well as international news agency AFP.