With investment promotion plans, Ashok Gehlot invites industrialists to Rajasthan
2 years, 3 months ago

With investment promotion plans, Ashok Gehlot invites industrialists to Rajasthan

The Hindu  

Laying emphasis on the Congress government’s investment-friendly policies, Chief Minister Ashok Gehlot on Friday sought the support of industrialists for the State’s progress with a robust infrastructure, quality human resource, transparent governance and massive employment generation. Mr. Gehlot said the State’s GDP had increased by ₹3 lakh crore in the past three years. Inaugurating the two-day Invest Rajasthan Summit-2022 here, Mr. Gehlot said the policy framework, skilled labour, excellent road network and a better law and order situation would play an important role in making the State a favourable investment destination. The enactment of MSME Facilitation Act, 2019, and the policy formulation to give a relaxation of five years in approvals and inspections to industry players would immensely help the investors, Mr. Gehlot said. Adani Group chairman Mr. Adani announced an investment of ₹65,000 crore in the State over the next five to seven years for setting up a mega 10,000 MW solar power capacity, expanding the cement plants and upgrading the Sanganer airport near Jaipur.

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History of this topic

Rajasthan to set up new Industrial nodes, logistic hubs and multi-modal logistic parks
1 week, 2 days ago

Rajasthan to set up new Industrial nodes, logistic hubs and multi-modal logistic parks

Live Mint  

Jaipur [India, December 31 : The Rajasthan government is focusing on setting up new industrial nodes, logistics hubs, and a multi-modal logistics park to enhance ease of doing business and attract more investors to the region. A team of senior state government officials, led by Ajitabh Sharma, Principal Secretary, along with Shri Inderjeet Singh, Managing Director, undertook a series of …

Bihar Investor Summit 2024: Two-day event starts, focus on MSMEs and startups | DETAILS
3 weeks ago

Bihar Investor Summit 2024: Two-day event starts, focus on MSMEs and startups | DETAILS

India TV News  

Bihar Business Connect 2024 - the second edition of the global investor summit started on Thursday. "Considering the success of last year's Bihar Business Connect, the Department of Industries, Government of Bihar, is once again organising this event," the statement read. Key focus areas of Bihar Business Connect 2024 include manufacturing sector, infrastructure and connectivity, and exports. "Significant MoUs will …

Rising Rajasthan Summit: MoUs worth Rs 35 lakh cr later, all eyes on execution
4 weeks ago

Rising Rajasthan Summit: MoUs worth Rs 35 lakh cr later, all eyes on execution

India Today  

It is often argued that investor conclaves in Rajasthan have rarely brought in investment that would otherwise not have come to the state. The Rising Rajasthan Global Investment Summit, held in Jaipur on December 9-11, may prove to be hardly different when calculations are done post-event. The Rising Rajasthan Global Investment Summit indeed had some credible faces in attendance, who …

Adani Group to invest ₹7.5 lakh crore in Rajasthan, unveils ambitious green energy plans
1 month ago

Adani Group to invest ₹7.5 lakh crore in Rajasthan, unveils ambitious green energy plans

Live Mint  

Rising Rajasthan Global Investment Summit: The Adani Group announced a massive ₹7.5 lakh crore investment plan in Rajasthan during the Rising Rajasthan Global Investment Summit 2024, with over half of this investment to be implemented in the next five years. “The Adani Group plans to invest over ₹7.5 lakh crore across various sectors of the state economy, with over 50 …

Investment proposals at Bihar biz summit will surpass last year’s ₹50K cr: State industries minister
1 month, 2 weeks ago

Investment proposals at Bihar biz summit will surpass last year’s ₹50K cr: State industries minister

Live Mint  

New Delhi, Nov 24 Bihar Industries Minister Nitish Mishra on Sunday said the upcoming global business summit in Patna will be a huge success and attract more investment proposals than about ₹50,000 crore it received in the 2023 edition. "There is an environment for huge investment in Bihar," Mishra, who is also the tourism minister of the state, said. Speaking …

Karnataka will attract investment of ₹1.4 lakh crore annually: M.B. Patil
1 year, 1 month ago

Karnataka will attract investment of ₹1.4 lakh crore annually: M.B. Patil

The Hindu  

Karnataka has a mandate to capture investments to the tune of ₹1.4 lakh crore annually to boost the State’s economy, said Minister of Large and Medium Industries M.B. The State was aiming to position itself as a best-in-class investment destination in Asia for future technology and advanced manufacturing, and to achieve this, the government has initiated several strategic initiatives that …

Agreements to start industrial units worth ₹540.96 crore signed with 117 entrepreneurs in Cuddalore
1 year, 1 month ago

Agreements to start industrial units worth ₹540.96 crore signed with 117 entrepreneurs in Cuddalore

The Hindu  

Memoranda of Understanding worth ₹540.96 crore were signed with 117 entrepreneurs to start industrial units in Cuddalore district, at an investors’ meet of Micro, Small and Medium Enterprises. Speaking on the occasion, Mr. Panneerselvam said the Tamil Nadu government was giving special attention to the development of the MSME sector that contributes greatly to the economic development of Tamil Nadu. …

Investors’ Meet: Dalmia, Adhunik sign MoU with J’khand govt
3 years, 4 months ago

Investors’ Meet: Dalmia, Adhunik sign MoU with J’khand govt

Hindustan Times  

Dalmia Cements and Adhunik Power, which already have their presence in the state, signed a memorandum of understanding with the Jharkhand government, pledging to invest worth crores in the state on the second day of the two-day investors’ meet in New Delhi on Saturday. Jharkhand chief minister Hemant Soren also unveiled the Industrial and Investment Promotion Policy 2021, which was …

Nirmala Sitharaman announces revised definition of MSME. Here is what it means
4 years, 7 months ago

Nirmala Sitharaman announces revised definition of MSME. Here is what it means

India TV News  

Finance Minister Nirmala Sitharaman on Wednesday announced an economic relief package amid nationwide coronavirus lockdown in which her prime focus was on to save jobs in the MSME sector and help it to get back on track. In the press briefing, Sitharaman prescribed a new definition for MSME companies, which was a long-pending demand, so that more number of companies …

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