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Handicraft industry not encouraged by Rajasthan, says FICCI survey

By Staff
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Jaipur, Feb 22 (UNI) People from tourism and handicrafts industries some of the traditional strengths of the state, are not very enthusiastic about Rajasthan as an investment destination, says a recent FICCI survey.

This was stated at a workshop on 'State-Level Reforms-Increasing Investments in Rajasthan' held here today. Governor Pratibha Patil delivered the inaugural address and urged for more concerted steps for giving a strong push to industrial growth in the state.

The welcome address was given by Maharaja Jai Singh, Chairman, FICCI, Rajasthan State Council.

FICCI(Federation of Indian Chambers of Commerce and Industry) and Konrad Adenauer Foundation (KAF) undertook a joint survey to study the state's investment environment, which included a feedback from industry representatives in Rajasthan.

The survey reveled that While 32 per cent of the participating companies made a positive assessment of Rajasthan as an investment destination, 28 per cent took the opposite stand while the remaining 40 per cent took a neutral stand.

While textiles, cement, paper products and processed food have shown a positive attitude towards Rajasthan, tourism and handicrafts have taken a neutral stand while pharamaceuticals, auto components are not at all enthusiastic about the state.

Out of those surveyed, 56 per cent that includes textiles, cement said their industries are doing well in the state while 44 per cent that includes fertiliser, handicrafts, pharmaceuticals are facing difficulties.

Rakesh Hooja, principal secretary, Training, said while the investor is interested in analysing the present day situation in the state before putting his money, he also wants to know what the situation will be like 5-10 years ahead.

Stressing that education needs to be upgraded, he said business, government and academic partnership becomes all the more relevant in today's scenario.

UNI RRT SB RK1700

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