The Government of Rajasthan has invited UAE business groups and investors to participate in the Rising Rajasthan Global Investment Summit 2024. The summit is aimed at attracting foreign investment to drive economic growth in the state. Rajasthan’s Industries Minister, Rajyavardhan Singh Rathore, led a high-level delegation to Dubai, showcasing the state’s potential to UAE investors.
Key Reasons Behind the Rising Rajasthan Global Investment Summit 2024
The main motivation for the summit is to position Rajasthan as an investment hub and support India’s broader vision of becoming a $5 trillion economy by 2025. With initiatives focused on improving the ease of doing business and reducing costs, the Rajasthan government is working to make the state an attractive destination for global investors.
Rajasthan’s Economic Goals and Vision
Rajasthan is aiming to double its economy to $350 billion by 2025 and increase exports. The state’s leadership is focused on creating more jobs, boosting industrial growth, and making key infrastructure investments.
Key Highlights of the Dubai Investors Meet
- Rajasthan’s delegation, led by Minister Rathore, engaged with UAE business groups and officials to discuss investment opportunities across sectors like logistics, real estate, petrochemicals, and renewable energy.
- The summit, scheduled for December 9-11, 2024, will focus on fostering international economic partnerships.
- Rajasthan’s proactive governance, extensive land availability, and rich resources were highlighted during the presentations.
Global and National Impact
National Impact:
Rajasthan’s economic growth will contribute to India’s overall development goals, such as increasing exports and industrial job creation. This will also align with India’s goal of becoming a $5 trillion economy by 2025.
Global Impact:
The summit strengthens ties between India and UAE, particularly following the 2022 Comprehensive Economic Partnership Agreement (CEPA), which has boosted trade relations.
Aims of the Rising Rajasthan Global Investment Summit 2024
The Rising Rajasthan Global Investment Summit 2024 aims to:
- Attract foreign investment to various sectors.
- Promote Rajasthan as an industry-friendly state with business-friendly policies.
- Foster job creation and infrastructure development.
Summit – Key Events
- Minister Rathore’s delegation invited UAE investors to explore business opportunities.
- The summit will be held in Jaipur from December 9-11, 2024.
- Key sectors like logistics, real estate, petrochemicals, and renewable energy were highlighted.
