Rajasthan Unveils ₹35 Lakh Crore Vision To Attract Investors And Boost Economic Growth

Rajasthan is poised to become India's next investment hotspot, as Chief Ministerajanlal Sharma unveiled a ₹35 lakh crore investment vision. This announcement was made during the FICCI Annual Convention and 98th AGM at Bharat Mandam. Sharma emphasized that the Rising Rajasthan campaign, projects worth ₹7 lakh are already progressing on the ground.

Rajasthan's economic growth is outpacing national averages, with a 12.2% rise in GSDP. The state's per capita income has also increased to ₹1.85 lakh. According to Sharma, Rajasthan has created a stable environment for investors through a strong law-and-order system, efficient approval processes, and a transparent land allocation policy.

Rajasthan's Renewable Energy Leadership

Leading the nation in renewable energy, Rajasthan boasts the highest solar capacity at 22,860 MW and ranks third in wind energy with 5,195 MW. The state is also making strides in green hydrogen and green ammonia production, aiming to become a leader in these sectors. This commitment to clean energy is part of a broader strategy to position Rajasthan as a sustainable investment hub.

The mineral wealth of Rajasthan is substantial, with 86 types of minerals present. The government is focusing on developing mineral-based industries within the state, instead of exporting raw materials. This approach is expected to boost local industry and create jobs.

Infrastructure and Tourism Developments

Rajasthan's infrastructure development plans are ambitious, with ₹60,000 crore earmarked for road improvements, new industrial clusters, and logistics parks. The state is rapidly building nine greenfield corridors to reduce distances and improve connectivity. Urban and air infrastructure expansions are also progressing swiftly.

Tourism plays a significant role in Rajasthan's economy. The state's forts, lakes, deserts, and religious sites are key attractions. During a visit to Germany, Sharma noted the high demand for destination weddings in Rajasthan, with venues booked up to two years in advance. This popularity underscores Rajasthan's global appeal.

To enhance rural and heritage tourism, the government is working to clear encroachments from 662 historic havelis. These efforts aim to preserve the state's cultural heritage while boosting tourism and economic growth.

Supporting Entrepreneurship and Industry

Rajasthan is home to over 5 lakh MSMEs and 7,000 startups. Initiatives like iStart have facilitated funding of ₹1,000 crore, generating over 42,500 jobs. These programs support entrepreneurship and innovation, contributing to the state's economic dynamism.

The Chief Minister expressed appreciation for the Central Government's support in water-related projects like the ERCP and the Indira Gandhi Canal Project. He also acknowledged FICCI's role in enhancing Rajasthan's international reputation, particularly in countries like the UK, Germany, and the UAE.

Sharma extended a warm invitation to investors globally, highlighting Rajasthan as a confluence of enterprise, culture, and limitless possibilities. "Rajasthan is a confluence of enterprise, culture, and limitless possibilities. We warmly welcome investors—come, invest in Rajasthan, and grow with Rajasthan," he said.

The Global Rajasthan Agritech Meet (GRAM) is scheduled for March 2026 in Jaipur. This event is expected to attract significant attention from the agriculture sector, providing a platform for showcasing innovations and investment opportunities.

In a light-hearted conclusion, Sharma quoted a saying that encapsulates Rajasthan's unique charm: "here, you get the experience of watching many films with just one ticket."