The Ashok Gehlot-led Congress government in Rajasthan today announced that it has secured investments worth Rs 1.67 lakh crore from private players, a improvement it mentioned brought positive news amid the prevailing gloom due to pandemic. As per a statement issued by the state government, a big chunk of the investments is taking place in the renewable power sector. The announcement was produced in the very first meeting of the Board of Investment chaired by chief minister Ashok Gehlot. The state government has mentioned that the fresh investments will develop practically 40,000 new jobs in Rajasthan. Only the renewable sector will provide 90 % of jobs and that also in the barren land regions of the state, which are significantly less fortunate due to getting non-agricultural lands such as distcists of Jaisalmer, Jalore, and Barmer.
The government has also informed that Adani Green Energy, Renew Power, Greenko Energies and JSW Solar are investing practically Rs 1,64,540 crore in total and will be giving employment possibilities to more than 37000 in the renewable power sector in the next couple of years. Rajasthan chief minister Ashok Gehlot has instructed the officials to guarantee that new projects are began in a time bound manner by removing bottlenecks in investment in the state.
In the last two years, he mentioned, the government implemented a lot of essential policies and applications to enhance investment in Rajasthan. “Rajasthan Investment Promotion Scheme (RIPS 2019), Rajasthan Industrial Development Policy 2019, through One Stop Shop System and Single Window System and many facilities are being provided to investors,” the chief minister mentioned.
Rajasthan’s Board of Investment, chaired by chief minister, also cleared the projects from Sahasara Semiconductors in the electronics, Mewar Polytex in the technical textile, ASI Industries in the engineering manufacturing stone, Hema Media Sources in the healthcare and wellness and Kanchan India in textile
Also, the government mentioned, concerns pertaining to projects of Kajaria Group in the Bathware Mfg and Ceramic Tiles, JCB in Earth Moving Machines, Saint-Gobain in the Glass manufacturing sectors had been cleared for smooth operation of these projects. “Collectively the total investment from these companies is estimated to be Rs 3200+ Cr and employment to 5600+ persons are expected,” the state mentioned in a statement.
According to the statement, Saharsa Semiconductors will be setting up an assembling, testing, marking, and packaging unit for production of memory elements. ASI Industries will be setting up an engineered stone manufacturing unit which will be an export oriented unit which will export 90% of the generate to USA, Canada, Europe, Australia, New Zealand, South Africa, and Gulf.