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Industrial Development & Economic Growth in Rajasthan

November, 2015

The natural resources, policy incentives, strategic location and infrastructure in the state are favourably suited for investments in sectors such as cement, IT and ITeS, ceramics, tourism, automotive and agro-based industries.

Over 2013-14 (up to January 2014), Rajasthan submitted 157 proposals to the central government for the establishment of major and medium industries at an investment of US$ 6.2 billion.

Nearly 14,452 micro, small and medium enterprises (MSMEs) are registered in the state as of March 2013. With a total investment of US$ 391.4 million. They generated direct employment for 64,466 persons in 2012-13 (up to December 2012).

Some of the major initiatives taken by the government to promote Rajasthan as an investment destination are:

  • The Government of Rajasthan is promoting the development of several SEZs across the state for sectors such as gems and jewellery, handicrafts, IT, electronics, automotive/auto components and textiles.
  • Special auto and engineering zones have been developed in Pathredi Industrial Area and Bhiwadi.
  • The state government is encouraging JVs and contract management of private heritage properties (forts, fortresses, palaces and havelis) as well as identifying heritage government properties to award on a lease basis.
  • IT parks with special infrastructure have been set up at Jaipur, Jodhpur, Udaipur, Kota and Alwar.
  • The Government of India is planning to set up India's first gems bourse in Jaipur to facilitate organised trading of gem stones.

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