Jaipur, (BW) -- The Resurgent Rajasthan Partnership Summit was inaugurated here today by the Hon'ble Chief Minister, Smt. Vasudhara Raje in august presence of Shri Narpat Singh Rajvi, Minister of Industries, Rajasthan, Mr KV Kamath, MD and CEO, ICICI Bank, Shri D C Samant, Chief Secretary, Govt. of Rajasthan, Mr Habib Khorakiwala, President, FICCI and Dr Amit Mitra, Secretary General, FICCI.
A total of 242 investment proposals for the state of Rajasthan worth Rs 1,55,077 crores were committed by leading Indian and multinational companies across sectors. These investments span in several sectors including Agriculture, Education, Power, Healthcare, Industries, IT & Communication, Mines, SEZ, Technical Education and Tourism.
In her inaugural address, the Hon'ble Chief Minister presented a compelling case for emergence of Rajasthan as one of the most dynamic investment locations in the country. Welcoming the captains of Indian Industry, media and delegates, Smt. Raje said "It is a matter of great delight that the business community has responded with such enthusiasm to the 'Resurgent Rajasthan Summit'. This proud moment has come after a lot of hard work and single-minded focus on building a strong foundation and a proactive and growth oriented policy framework."
Concluding her inaugural address, she said, "Rajasthan is poised to step into a bright future. I urge all our partners; industry, people of Rajasthan and media to come together and seize the opportunity to realize inclusive development and high-growth for our beautiful state."
Assuring the investors, Mr Narpat Singh, Rajvi, Minister of Industries, Rajasthan said, "Rapid industrialization is the stated priority of our government and we are committed to provide an environment that is business friendly and enabling in nature. Our focus on three core requisite components viz, roads, power and skilled human resources will ensure that investors get a highly conducive atmosphere for setting up their ventures across Rajasthan."
Mr Habib Khorakiwala, President, FICCI said, "India is on a high-growth trajectory and it is the frontline states like Rajasthan that will emerge as the building blocks of its growth. Under Chief Minister's leadership, the state is ready to actively participate in India's rapid economic and social development process."
The two day summit has been organized by Government of Rajasthan in collaboration with FICCI. The Summit has witnessed huge participation from delegates representing close to 850 organizations including Honda Siel, Reliance, Fortis, Bharat Hotels, Vedanta Group Plc., Genpact, Narayan Hrudalaya, etc.
During the inaugural session Mr. K V Kamath, MD and CEO, ICICI Bank, made an impromptu announcement of designating Jaipur city as the bank's northern Indian hub. This will require an initial investment of Rs 500 crores that will eventually be increased to 5,000 crores. The hub, once fully expanded, will employ close to 20,000 people.
During the plenary session the existing investors including Mr Shevendra Mohan Singh of Fortis Healthcare, Mr Arun Nanda of Mahindra & Mahindra, Mr Anil Agarwal of Vedanta Group, Dr Devi Shetty of Narayan Hrudalaya, Mr M. Takedagawa of Honda corporation and Ms. Jyotsana Suri of Bharat Hotels, shared their insights for investing in Rajasthan.
The Summit reiterates Rajasthan's image as one of the fastest growing states in India that is poised to embrace a set of policies focused on both physical infrastructure as well as human resource development.
