295 MoUs worth Rs 3.21 lakh crores revitalise Rajasthan

Resurgent Rajasthan Summit 2015

  • 9 MoUs in energy sector worth Rs 190,000 crores
  • 122 MoUs in tourism sector worth Rs 5783 crores
  • 40 MoUs in manufacturing sector worth Rs 11760 crores

The Resurgent Rajasthan Partnership Summit 2015, the two-day global investment meet organised by the Government of Rajasthan in association with the Confederation of Indian Industry (CII), attracted commitments of investments from 295 memoranda of understanding (MoUs) amounting to Rs. 3,21,199 crore with proposed employment for 2,39,694 lakh people.

The summit brought together leading investors from across the world to interact with the political leadership, government officials and local business leaders to discuss investment opportunities in Rajasthan.

The summit saw a slew of announcements of strategic partnerships and investment intent in a number of thrust sectors identified by the State.

The largest number of MoUs were signed in tourism sector. At 122, the investment commitments stand at Rs 5783 crore. This is expected to generate 18617 jobs in the sector. The energy sector, with only 9 MoUs, attracted investments to the tune of Rs 1,90,000 crore.

The medical and health sector, with 36 MoUs and expected investments of Rs 4752 crore, will create the largest number of jobs, touching 81605. There were 40 MoUs signed in the manufacturing sector amounting to Rs 11760 crore and will lead to employment for 56698 people. The infrastructure sector attracted Rs 17038 crore as commitments for investment that would create 46975 jobs.

There were 10 MoUs signed in the agriculture sector worth Rs 2402 crore – this will lead to 5317 people getting employed. With 8 MoUs worth Rs 1807 crore, the education sector hopes to generate jobs for 12010 people in the State.

Under roads and highways, the state signed one MoU worth Rs 10,000 crore in addition to the 4 award of sanctions worth Rs 25446 crore. Nine MoUs were signed in the Skills sector. The Petroleum & Mines sector attracted proposed investments worth Rs 77,657 crore through 25 MoUs that can create 18,472 jobs in the State.

Commenting on the MoUs, Shri Gajendra Singh Khimsar, Industry Minister, Government of Rajasthan, said,

“This summit has been an endeavour by the State Government to promote and attract investments in the State. The warm response from the industrial fraternity has led me to believe that Resurgent Rajasthan 2015 has been successful in creating a unique partnership platform for industrial growth in the state of Rajasthan.”

About Resurgent Rajasthan Partnership Summit

RR The Resurgent Rajasthan Partnership Summit, which was held in Jaipur on November 19-20, 2015, brought together leading investors from all over the world for interacting with policy makers, including the political leadership, government officials and, local business leaders on the investment environment and opportunities in Rajasthan. The summit was organised by the Government of Rajasthan in association with the Confederation of Indian Industry (CII). The summit had thematic seminars, panel discussions, B2B & B2G meetings and other networking programmes. For further information, please visit http://resurgent.rajasthan.gov.in/

Jaipur, November 20, 2015