CM Attends ‘Investors Meet’ in Moscow

Chief Minister Smt. Vasundhara Raje invited the Russian industrialists and businessmen to invest in Rajasthan and become a partner in Resurgent Rajasthan campaign. She said Rajasthan provides better opportunity and ideal atmosphere for investment and Russian investors can avail this opportunity to become partner in the development of the State of Rajasthan.

Smt. Raje was addressing the ‘Investors Meet’ organised by the Russian Chamber of Commerce & Industries at Moscow on Wednesday. She briefed investors about the opportunities and facilities available for investors. She said Rajasthan is one of India’s fastest growing economies. A number of renowned global companies are partners in Rajasthan’s journey to prosperity. Our policy framework is being talked about across the world. She said Rajasthan offers good connectivity, opportunities in creation of infrastructure, access to India’s largest markets, assured supply of skilled manpower, large parcels of land, assured power supply with extreme ease of doing business.

The Chief Minister said that Rajasthan pioneered the concept of “country specific industrial zones”. With the highest number of Universities and Colleges, skilled manpower is aplenty in our state, she said. We have a systematic and strong skill development programs which are carried out in partnership with Industrial houses so that niche skills are created. Rajasthan has been adjudged Best state in skilling in the country for the last two years, she added.

Smt. Raje said Rajasthan is well known for its mineral and dimensional stone deposits. The state has a wide variety of clays, wollastonite, Quartz-feldspar and gypsum- ideal for ceramic and advanced materials. Rajasthan has a near monopoly on rock phosphate and is a major supplier of limestone. The state also produce some of the best marble, granite and sandstones, she said.

The Chief Minister said Rajasthan stands out for having over 300 cloud free days a year. This makes us one of the world’s best destinations for solar power generation. Large tracts in our western desert are available for setting solar power generation units. We have already inked MoUs for 34 GW of solar power. This has created an all new opportunity for setting up Solar PV cells manufacturing plants, she added.

She said just in the manner the Russia is a global leader in heavy engineering and machinery, Rajasthan too is a leader in Engineering especially automotive. There are synergies that can easily be explored.

Smt. Raje said defense ties between India and Russia are old and vibrant. Our Prime Minister has initiated the ‘Make in India’ program under which defense subsystems manufacturing units can easily be set up as Joint Ventures. She said given the fact that India is one of the biggest purchaser of defense equipments from Russia, it makes sense to grab this opportunity and set up manufacturing units in India. Rajasthan has large parcels of land that can be made available for such projects, she added.

The Chief Minister said the opportunities are immense and the time is ripe. She appealed to the investors and industrialists to come and be part of one of the world’s fastest growing economies. ‘Come and partner Rajasthan and grow with us’, she said.

Industry Minister of Rajasthan Shri Gajendra Singh Khinvsar, Deputy Chairman of CM Advisory Council Shri C. S. Rajan, Russian investors and other dignitaries were present in the meeting.

On Tuesday night Chief Minister Smt. Raje reached Moscow from Yekaterinburg where she was received by the officers of Indian Embassy in Moscow.

Moscow/Jaipur, 13 July 2016