Rajasthan Plans To Tap Global Investors

Taiwan electronic manufacturing companies opened an industrial cluster in Karnataka and the Chinese are expected to follow suit in the state of Punjab. Now, the Rajasthan government is also making a case for global investor to wooing global and local manufacturers to start investing in their state. This was stated by Gajendra Singh Khimsar, Minister of Industries, Government of Rajasthan at the ‘Resurgent Rajasthan Partnership Summit’ held in Delhi today.

Rajasthan wants to be preferred location for global investors for its proximity to Delhi NCR region. As the Delhi Mumbai Industrial Corridor covers a major part of Rajasthan, this would mean that the infrastructure development in the state will be much faster and this should encourage global manufacturing companies to invest in the state.

Like Tamil Nadu, the Rajastahan government is also planning a Global Investors Meet to be held in Jaipur from 19 to 20 November 2015. The government of Rajasthan is hopeful that this investor-meet will provide great opportunity for investment opportunities in the state. India has been very bullish in encouraging global manufacturers to start manufacturing in the country and the state governments are not lagging behind in attracting global investors.

Infrastructure development has been a major concern for global investors earlier on, but now the government impetus on building world-class airports, roads and infrastructure has helped in attracting global companies to invest in India.