Jaipur investor summit to boost solar power in Rajasthan
POWER & RENEWABLE ENERGY

Jaipur investor summit to boost solar power in Rajasthan

The Bharatiya Janata Party government in Rajasthan announced plans to host an investment summit in Jaipur later in the year, aimed at supporting industries and advancing solar power development.

It was reported by sources within the Industries Department and the Bureau of Industrial Promotion (BIP) that preparations had commenced for the summit on a significant scale. BIP, being the key agency responsible for investment promotion and facilitating single-window clearances in Rajasthan, is actively involved in the planning.

As per insider information, the responsibility for organizing the summit is expected to be delegated to a company based in Mumbai.

BIP has also initiated preparations and is contemplating partnering with a national business chamber such as ASSOCHAM, FICCI, or CII for the event. The summit agenda, as revealed by sources, would encompass discussions on investments across more than 30 sectors including energy, chemicals and petrochemicals, cement, medical and health, mines and minerals, pharmaceuticals, handicrafts, and tourism.

The Rajasthan Invest Summit in 2022 was conducted under the leadership of Congress leader Ashok Gehlot's government, which was subsequently voted out of power the following year.

During the 2022 summit, companies entered into over 4,000 memoranda of understanding (MoU) with the state government, pledging investments exceeding Rs 10.44 trillion. It was stated at the time that the state had attracted investments totalling Rs 1.93 trillion over the years, promising employment opportunities for 200,000 individuals.

For this year's summit, BIP, in collaboration with the Industry Department and the Rajasthan State Industrial Development and Investment Corporation, intends to extend invitations to prominent Indian and multinational corporations.

The organisers are anticipated to commence investor outreach activities in June, with plans underway to draft a schedule detailing the locations for roadshows and meetings.

Despite long-standing endeavors to foster industrial growth in Rajasthan, progress has been limited. The primary obstacle identified is the state's reliance on external sources for electricity. Accordingly, it is believed that the summit will place emphasis on solar energy as a solution to this challenge, according to sources.

The Bharatiya Janata Party government in Rajasthan announced plans to host an investment summit in Jaipur later in the year, aimed at supporting industries and advancing solar power development. It was reported by sources within the Industries Department and the Bureau of Industrial Promotion (BIP) that preparations had commenced for the summit on a significant scale. BIP, being the key agency responsible for investment promotion and facilitating single-window clearances in Rajasthan, is actively involved in the planning. As per insider information, the responsibility for organizing the summit is expected to be delegated to a company based in Mumbai. BIP has also initiated preparations and is contemplating partnering with a national business chamber such as ASSOCHAM, FICCI, or CII for the event. The summit agenda, as revealed by sources, would encompass discussions on investments across more than 30 sectors including energy, chemicals and petrochemicals, cement, medical and health, mines and minerals, pharmaceuticals, handicrafts, and tourism. The Rajasthan Invest Summit in 2022 was conducted under the leadership of Congress leader Ashok Gehlot's government, which was subsequently voted out of power the following year. During the 2022 summit, companies entered into over 4,000 memoranda of understanding (MoU) with the state government, pledging investments exceeding Rs 10.44 trillion. It was stated at the time that the state had attracted investments totalling Rs 1.93 trillion over the years, promising employment opportunities for 200,000 individuals. For this year's summit, BIP, in collaboration with the Industry Department and the Rajasthan State Industrial Development and Investment Corporation, intends to extend invitations to prominent Indian and multinational corporations. The organisers are anticipated to commence investor outreach activities in June, with plans underway to draft a schedule detailing the locations for roadshows and meetings. Despite long-standing endeavors to foster industrial growth in Rajasthan, progress has been limited. The primary obstacle identified is the state's reliance on external sources for electricity. Accordingly, it is believed that the summit will place emphasis on solar energy as a solution to this challenge, according to sources.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?