Last Updated: December 17, 2014
Latest update: November, 2014
Last Updated: November, 2014
RAJASTHAN State Report | November, 2014
Rajasthan, the largest (area-wise) state in India, is located in the north-western part of the subcontinent. It is surrounded on the north and north-east by Punjab, Haryana and Uttar Pradesh; on the east and south-east by Uttar Pradesh and Madhya Pradesh and on the south-west by Gujarat.
Rajasthan is the largest producer of oilseeds, seed spices and coarse cereals in India. Tremendous opportunities exist in the areas of organic and contract farming as well as in infrastructure developments related to agriculture.
The state has immense potential for electricity generation through renewable energy sources and wind power. Rajasthan Renewable Energy Corporation Ltd has actively promoted solar energy and biomass projects.
The gross state domestic product (GSDP) of Rajasthan expanded at a CAGR of 19 per cent over 2004-05 to 2013-14 vis-à-vis 17.1 per cent across other states.
The state has a considerable pool of skilled and technically qualified human resources with more than 200,000 students enrolled in technical institutions. In line with this, a number of IT parks with special infrastructure are being developed.
The policy environment has been favourable for the establishment of industrial units. A single window clearance system (SWCS) for investment approvals is operational in the state and the Bureau of Investment Promotion (BIP) was set up to focus on investments above US$ 2.2 million.