Rajasthan invites entrepreneurs from Madhya Pradesh to set up industries

INDORE: Rajasthan government has invited entrepreneurs from Madhya Pradesh to set up soyabean processing and mineral-based industries in the desert state.

"There are immense opportunities for entrepreneurs from Madhya Pradesh to set up soybean processing and mineral-based industries in Rajasthan. Therefore, we extend an invitation to them," Rajasthan Home Minister Gulabchand Kataria told reporters here today.

Kataria said that Rajasthan has a land bank of 74,000 hectares meant for potential investors, besides uninterrupted power supply for industries.

The Rajasthan government has also provided a single-window facility for entrepreneurs and different tax exemptions for a seven-year period from the date of setting up units, the minister said.

In order to give a fillip to investments, Rajasthan government plans to organise a partnership summit called 'Resurgent Rajasthan' between November 19 and November 20, he said.