News

Rajasthan bags US$8.76 billion investment commitment in New Delhi

For NRI investments the government has drafted a policy through the Rajasthan Foundation, an organization that focuses on strengthening bonds between the Rajasthani diaspora and their state of their origin.

, and Avani Acharya , and Rajeev Bhatt

August 25, 2022 . 2:30 PM

3 min read

**Rajasthan Chief Minister, Ashok Gehlot recording the participants at an Investors meet and signing of MoUs in New Delhi on August 24, 2022. Photographs and Video: Rajeev Bhatt**

Ahead of the Rajasthan Government’s upcoming Investors Summit, it received a record-breaking investment commitment worth nearly US$ 8.76 billion at an ‘Investor Meet and MOU Signing Ceremony’ held in New Delhi on Aug.24, 2022.

Rajasthan Chief Minister, Ashok Gehlot seen with from left- Rajiv Arora, Chairman Rajsthan Small Industries Corporation Ltd, State Minister of Industries and Commerce Shakuntla Rawat and Chief Secretary, Usha Sharma, watching exchange of Memorandum of Understanding documents between Veenu Gupta Addition Chief Seretary and Representatives of an investing Company, Wipro at Investors meet and signing of MoUs in New Delhi on August 24, 2022.

The investments were particularly concentrated in recently developed districts of the state including Bhilwara, Chittorgarh, Jhalawar, Ajmer, Jaipur, Udaipur, Alwar, etc. which the Rajasthan State Industrial Development and Investment Corporation (RIICO) has developed into special sectoral zones over the years.

Speaking on the occasion, Chief Minister of the state, Ashok Gehlot said, “I am happy that Investor Summit is happening at such a big scale. I would like to hear and understand the problems that investors face investing in Rajasthan, I assure you that I am committed to provide solutions to you.”