The government of Rajasthan has signed Memorandum of Understanding (MoUs) worth Rs 12.5 lakh crores in Delhi and Mumbai, confirmed state's Chief Minister Bhajan Lal Sharma on Monday at Rising Rajasthan New Delhi Investor meet.
The agreements have been signed during Mumbai and Delhi roadshows in the run-up to the 'Rising Rajasthan' investor summit. The summit will be held in Jaipur between December 9 and December 11.
Chief Minister further confirmed that agreements worth Rs 4.5 lakh crore were signed during the roadshow in Mumbai that happened in August. The investments have come in various sectors such as renewable energy, cement, auto components, and battery storage, and are expected to generate 7 lakh jobs. Further, after today's meet at Delhi, Rajasthan government signed investment MoUs worth Rs 8 lakh crore with Bureau of Industrial Promotion (BIP), the nodal department for organising the investment summit and making investments in the state.
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Companies with which MoUs have been signed include Tata Power, Indian Oil, Avaada Group, NHPC, Reliance Bio Energy, Torrent Power, Sterlite Power Transmission, Mahindra Susten Private Ltd, THDC India, Oil India, Jindal Renewable Power, Essar Renewables, Indraprastha Gas, Adani Logistics, JK Cement, BL Agro Industries, Titagarh Rail Systems among others.
"Our government has set an ambitious goal of doubling Rajasthan's economy from USD 180 billion to USD 350 billion in the next five years, and we will make it happen, " added Bhajan Lal Sharma.
'Rising Rajasthan' is a mega global investment summit that aims to attract and facilitate global investment, innovation, and associations into the state.
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