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Rajasthan govt ink 125 MoUs for projects worth Rs 69,000 cr

Thursday, 02 Dec 2021
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The Rajasthan government has inked multiple memoranda of understanding (MoUs) attracting proposed investments worth around Rs 69,000 crore. 
 
Besides, various investors have submitted letters of intent (LoIs) for investments totaling worth Rs 10,099 crore. 
 
A total of 145 MoUs and LoIs worth over Rs 79,000 crore have been signed. The Invest Rajasthan Roadshow-Exploring Investment Opportunities event was organised by the state government in partnership with the Confederation of Indian Industry (CII) to showcase the business and growth opportunities present in the state. 
 
Many big companies are already present in the state and running their businesses in various sectors. 
 
The investors can explore the potential in sectors like renewable energy, textile, cement, ceramic, paints, auto, electrical equipment, medical equipment, consumer goods, refinery and mining. 
 
About 125 companies have signed MoUs and already own land for their proposed projects, while 20 have submitted LoIs for their projects and are looking for land options. 
 
Solar firm ReNew Power, J K Cement and J K Lakshmi Cement, Lenskart and Sports Goods Export Promotion Council, ALP Polymer, ASK Automobile and Jindal Aluminium are among those who have inked the MoUs with the Rajasthan government with an intention to invest in the state.
 
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