STOCK MARKET BSE NSE

Rajasthan bags over Rs 74,000 crore investment proposals in Bengaluru event

The Confederation of Indian Industry (CII), along with the Rajasthan Government, hosted a programme on Monday as a precursor to the Invest Rajasthan Summit.

Published: 14th December 2021 02:13 AM  |   Last Updated: 14th December 2021 03:06 AM   |  A+A-

Cash; Capital; investment

Representational Image. (File Photo)

By Express News Service

BENGALURU: The Rajasthan Government on Monday bagged investment proposals worth Rs 74,312 crore, which comprise four MoUs and 15 Letters of Intent, at an investor connect programme held in the city.

The Confederation of Indian Industry (CII), along with the Rajasthan Government, hosted a programme on Monday as a precursor to the Invest Rajasthan Summit, due to be held in Jaipur on January 24-25 2022.   

These investment committments came from technology-based industries, such as robotics, EVs, technical textiles, and renewable energy, along with conventional sectors of hospitality, healthcare and real estate.  

JSW Neo Energy made a proposal to develop a 1,000-MW hydro pump-based energy storage plant in Sirohi district, at an estimated investment of Rs 4,900 crore, while Addverb Technologies plans to develop an industrial automation and robotics products manufacturing unit at Karoli EMC Zone in Alwar district. Rajasthan also bagged investment proposals worth Rs 160 crore from Mysore.

“Investor enthusiasm at the recent connect programme testifies to their confidence in the state’s potential and policies of the State Government. It has also raised our expectations of the success of Invest Rajasthan,” said Rajasthan Industries and Commerce Minister Shakuntala Rawat. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp