With the success of ‘Rising Rajasthan Investment Summit 2024,’ the state is poised for an economic transformation
Sone ri dharti jathe-ar chandi ro aasman – translates to “Where the earth is made of gold and the sky is built with silver.” This cherished folk song beautifully captures the essence of Rajasthan’s Thar Desert. Today, these words remain as relevant as ever, reflecting the state’s unique charm and its emergence as a hub of global investment opportunities. Rajasthan, India’s largest state, is rich in minerals, endowed with vast solar and wind energy resources, and brimming with potential for investors worldwide.
The Rajasthan Government has successfully hosted the ‘Rising Rajasthan Investment Summit 2024’ in Jaipur this week. Throughout the event, memorandums of understanding (MOUs) totalling over Rs 35 lakh crore were signed, highlighting the immense investment potential of the state. Actually, very few places can match Rajasthan’s allure.
It boasts nine UNESCO World Heritage Sites, iconic palaces and forts, 320 sunny days a year, powerful winds, and expansive land. Combined with excellent law and order and robust rail connectivity, these factors place Rajasthan in a league of its own as a destination for investment. Currently, the state is undergoing an economic transformation. The government aims to propel Rajasthan’s economy from $180 billion to $350 billion by enhancing the Ease of Doing Business and creating employment opportunities for the youth.