Rajasthan gets Rs 3.3lk cr investment at investor summit

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Rajasthan today signed 295 MoUs committing investment of about Rs 3.3 lakh crore, including from leading industrial houses like Adani Group, Reliance and Aditya Birla Group, at the investor summit here. Speaking at the 'Resurgent Rajasthan Partnership Summit', Chief Minister Vasundhara Raje said, "We have inked 295 MoUs worth Rs 3.3 lakh crore that will generate 2.5 lakh jobs in the state." With Rs 10,000 crore investment commited by Chemicals and Fertilisers Minister Ananth Kumar in the state, various industries and institutions have pledged investment of about Rs 3.3 lakh crore, she added. Among the major investment proposals, Adani Group Chief Gautam Adani announced his group's plans of investing Rs 10,000 crore over the next four years.

Aditya Birla Group Chairman Kumar Mangalam Birla said that the group will invest Rs 7,000 crore in the cement sector. Anil Ambani-led Reliance Group announced plans of Rs 6,000 crore investment in the solar sector. Hero Motocorp Chairman Pawan Munjal also announced to set up state of the art R&D centre in Jaipur besides pledging further investment in solar energy.

Besides, Singapore said that one of its airlines has decided to start a direct flight to Jaipur. Approximately Rs 10,000 crore will get into Rajasthan's kitty from various announcements made by the Chemical and Fertiliser Minister, Raje said. Earlier, speaking at the summit, Ananth Kumar said that the Centre plans to set up a National Institute of Pharmaceutical Education and Research (NIPER) in the state involving investment of Rs 500 crore in the district of Jhalawar over next two years.

He also announced a Rs 100 crore additional investment in the Central Institute of Plastic Engineering and Technology (CIPET) in Jaipur for enhancing number of seats in the courses of B Tech and M Tech. The minister also made two more investment announcements provided that the state government gives 100 acres land for setting up of plastic park and first ever medical devices park of the country. "If the state provides 100 acres of land, we are ready to have plastic park with an investment of 1200 crore ... another 100 acre is provided first ever medical devices park can be set up," he said. Praising efforts of the Rajasthan government with regard to ease of doing business, Singapore Home Affairs Minister K Shanmugam said that the state has huge potential to grow in tourism sector. Sensing the potential, one of the Singapore airline companies have decided to fly to Jaipur.

He, however, did not disclose the details.