Mumbai builds up tempo for the ‘Rising Rajasthan’
The first invest meet of the upcoming ‘Rising Rajasthan’ Global Investment Summit 2024 was successfully held in India’s commercial capital, Mumbai, under the leadership of Hon’ble Chief Minister Shri Bhajan Lal Sharma. The investor meeting facilitated the signing of MoUs worth over INR 4.5 Lakh Crore with the Bureau of Industrial Promotion (BIP), the nodal department for organising the
investment summit, for making investments in the state. In addition to Hon’ble Chief Minister, Hon’ble Minister of Industries, Government of Rajasthan, Col. Rajyavardhan Rathore also graced the occasion.
The investor meeting saw the congregation of top business leaders and industry groups, and witnessed the signing of investment MoUs across a range of sectors such as Cement, Chemical and Petrochemicals, Civil Aviation, ITI upgradation and Renewable Energy, among others. The companies and industrial groups with whom the MoUs were signed include - Adani Group, Vedanta Group, JSW Group, Tata Group, Waaree Group, Dalmia Group and Star Cement among others. Moreover, the official website of the ‘Rising Rajasthan’ Global Investment Summit 2024 - https://rising.rajasthan.gov.in/ - was also launched by the Chief Minister.
Speaking at the event, Sharma said, “The journey towards a ‘Viksit Rajasthan’ is pivotal to achieve the goal of a ‘Viksit Bharat’ @ 2047. Rajasthan is brimming with immense potential, rich natural resources, skilled talent, and boundless opportunities. I invite the investor community, corporations and institutions to our beautiful state and capitalise the momentum.”
Sharing the details of the upcoming ‘Rising Rajasthan’ Global Investment Summit 2024, Sharma said, “At the very first investor meet of the summit, we have signed MoUs worth over INR 4.5 lakh crore investments in the state. This demonstrates the immense potential of Rajasthan and investors’ strong faith in Rajasthan’s investor-friendly policies. I am confident that we will be able to realise the dream of making the state USD 350 billion economy in the next 5 years.”
Addressing the gathering, Hon’ble Minister of Industries, Government of Rajasthan, Col.Rajyavardhan Rathore said, “There is only one VIP in Rajasthan, that is the investor investing in Rajasthan. We have the desired political will to realise our dream of developing Rajasthan and the positive response of investors in such a short span of time has given us wings to dream big and boosts our confidence to make the ‘Rising Rajasthan’ Global Investment Summit 2024 a big success.”
Speaking on the occasion, Shri Sudhansh Pant, Chief Secretary, Government of
Rajasthan, said, “‘Rising Rajasthan’ Global Investment Summit 2024 is going to play a pivotal role towards ‘Viksit Rajasthan’ @ 2047. Nowadays, the Rajasthan government makes crucial key policy decisions within hours, which is in contrast to the months and years that go into making such decisions. The tremendous response received from the investors’ community so far shows that there has been a remarkable increase in their trust in Rajasthan and its potential. We are working very hard to continue this momentum.”
Shri Sharma also held one-on-one meetings with several top industry leaders after the investor meet and invited them to invest in Rajasthan and utilise the investor-friendly ecosystem and policies of the state. The names who met include Mr. Anand Mahindra, Chairman, Mahindra and Mahindra Group, Sajjan Jindal, Chairman, JSW Group, Mr. Kumar Venkatasubramanian, Managing Director, India and South Asia for Procter and Gamble, Ms. Priya Agarwal, Non-Executive Director, Vedanta Ltd and Chairperson, Hindustan Zinc Limited, Mr.Anshuman Ruia, Group Director, Essar Group, Mr. Vineet Mittal, Chairman, Avaada Group, Mr. Dhimant Bakshi, CEO, Imagica Entertainment and Mr. Raj Tiwari of UPL Ltd.
The prominent business leaders who partook at the first domestic investor meet of the ‘Rajasthan Rising’ Global Summit 2024 include Mr. Karan Adani, Managing Director, Adani Cements Ltd and Adani Ports, SEZ and Logistics, Mr. R. Mukundan, ManagingDirector and CEO, Tata Chemicals Ltd, Dr. Praveer Sinha, Managing Director and CEO, Tata Power, Mr. Arun Misra, CEO, Hindustan Zinc and Executive Director, Vedanta Ltd, Mr. Sharad Mahendra, Joint Managing Director and CEO, JSW Energy, Mr. Akshay Hiranandani, CEO, Serentica Renewables, Mr. Madhav Singhania, Deputy Managing Director and CEO, JK Cement, and Ms. Swati Salgaocar, Chairperson, Western Region of Confederation of Indian Industry (CII) among others.
In addition to Hon’ble CM and Hon’ble Minister for Industries, several top officials from the Government of Rajasthan were also present on the occasion, including Shri Sudhansh Pant, Chief Secretary, Shri Shikhar Agrawal, Additional Chief Secretary (ACS) to CM, Shri Ajitabh Sharma, Principal Secretary (Industries Department) & Chairman, RIICO Ltd, Shri Rohit Gupta, Commissioner of Industries Department and Bureau of Industrial Promotion (BIP) and others.
