After a gap of seven years, the Vasundhara Raje government in Rajasthan, in a drive to attract major investments, will host a two-day conclave Resurgent Rajasthan Partnership Summit (RRPS) which would commence here on November 19.
The global investor meet, which is being held at a scale much larger than the one held in 2007 during Ms. Raje's earlier term as Chief Minister, would allow interaction between investors from all over the world, policy makers, political leadership, government officials and local business leaders on investments in the State.
Ahead of the Summit, the government has signed Memoranda of Understanding (MOUs) worth thousands of crores of rupees in sectors including mining, cement, power, tourism, and road construction projects.
The government has claimed that for attracting investments it has eased the norms for doing business in the State.
This, it states, would help cater to increasing demand for jobs and sustainable growth here.
A major part of the two-day Summit has been dedicated to Micro, Small and Medium-scale Enterprises (MSMEs) since more than 90 percent industries in Rajasthan currently fall within the MSME category and employ approximately 18.7 lakh people, a media release on the specifics of the Summit said.
Considering the potential of exporting handicraft and an environment conducive for MSMEs, which now are the second largest employers in the State after the Agriculture sector, the new Rajasthan MSME Policy, 2015, shall be launched on during the Summit.
The Summit will witness industrialists including the Chairman of Tata Sons Cyrus P. Mistry, Chairman of Reliance Anil Dhirubhai Ambani Group Anil Ambani, Chairman and Managing Director of Mahindra & Mahindra Anand Mahindra, Chairman of Bharti Infratel Ltd Rakesh Bharti Mittal and Chairman of Adani Group Gautam Adani.