Rajasthan government holds road show to invite investments

HYDERABAD: Rajasthan has emerged as a favoured investment destination with availability of abundant power, land and other resources along with an investor- friendly government, state Public Works and Transportation Minister Yunus Khan said here today.

"We have launched an investment promotion scheme, a tourism policy, affordable housing and also mineral policy. Peace, law and order is maintained (in the state). We have land. The government is holding road shows at different places in the country (to attract investments) for infrastructure and industrial development," the Minister said.

He was speaking to reporters here after an 'investors meet' organised by the Rajasthan government in association with Confederation of Indian Industry (CII).

The Rajasthan government would organise 'Resurgent Rajasthan Partnership Summit' in Jaipur on November 19 and 20.

Industrialists in Hyderabad evinced interest in investing in Rajasthan, the Minister said.

The government is giving incentives to investors in registration fee, electricity, stamp duty, land conversion among others.

"We are giving customised package if the investment is big," Khan said adding that a 'single window system' has been put in place.

Apart from a solar energy, there is lot of scope for investment in the areas of automobiles, tourism, cement, IT, power generation, education, roads, hotels in Rajasthan, he added.

Asked about the expectations for investments, he said the government focussed on actual implementation of investment plans rather than mere announcements and figures.