Rajasthan Govt promises conducive environment to investors

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Mumbai, Sep 28 (UNI) Rajasthan Government plans to rope in major domestic and international industrial captains from various sectors, promising them better state policies, tax benefits and growth prospects.

Addressing a road show 'Resurgent Rajasthan' organised by the Rajasthan Government in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) here today, the state Minister of Industry Narpat Sing Rajvi said, ''Our state offers favourable economic conditions and ensures conducive environment for growth along with efficient and quick facilitation process for investors.'' Mr Rajvi pointed out that the state will be a power-surplus state by next year and the international freight corridor passing through the major part of the state makes it a favourable destination for industrial development.

According to the Government, the state has 15 proposed Special Economic Zones (SEZ) on the cards that are to be developed. One multi-product SEZ has been passed by the Government and is being developed by the Mahindra Group at over 2,500 acres near Jaipur in association with the Rajasthan State Industrial Development and Investment Corporation (RIICO).

Major companies including Wipro, Infosys, ITC, Reliance, Nagarro and Gujarat Ambuja have also shown their interest for investment in the state's SEZ projects, RIICO Managing Director Kuldeep Ranka said adding, ''Investments over Rs 35,000 crore are being lined up to set up the SEZs.'' MORE UNI

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