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Rajasthan bagged investment commitments worth around Rs 70,000 crore in its Investor Meet on Wednesday with Avadda Power, O2 Power SG Pte, ., Saint Gobain, OKAYA, , and being the top investors. The investments were majorly envisaged in various districts across the state including Bhilwara, Chittorgarh, Jhalawar, Ajmer, Jaipur, Udaipur and Alwar, according to a statement issued by Invest Rajasthan.
At the event, Rajasthan Chief Minister Ashok Gehlot said that Rajasthan has come long way as a state investing heavily into education, health, infrastructure, refinery, petrochemicals and renewable energy.
“Industries play a vital role in all development. With good law and order situation, beautiful roads, focus towards health, and many other new developments, Rajasthan is a wonderful state for you all to come and invest,” Gehlot said.
“Setting a new benchmark, MoUs of Rs 69789.93 crore have been successfully signed by the Rajasthan government creating a total of 11,846 direct employment opportunities,” Invest Rajasthan said in the statement.
Some of the notable investors have lined-up the huge projects such as Avadda Power has proposed to invest about Rs 40,000 crore in Rajasthan for Green Hydrogen & Ammonia; O2 Power SG Pte has proposed to invest Rs 25,000 crore in Renewable Energy and Solar Power in various districts; Asahi India Glass Ltd. has proposed investment of Rs 1,400 crore in Chittorgarh; Saint Gobain has proposed to set-up float glass manufacturing with the investment of Rs 1,000 crore in Alwar;
will be establishing a manufacturing unit for Carbonated Soft-drinks, fruit juices & packaging products of Rs 636 crore and Wipro to invest Rs 200 crore in Jaipur for Hydraulic Cylinders.
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