CM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth
ECONOMY & POLICY

CM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth

Ashok Gehlot, the Chief Minister of Rajasthan, based in Jaipur, has given his endorsement to tailored investment packages for seven distinct projects aimed at fostering an influx of Rs 246.81 billion into the state.

These proposals, which were granted approval during the fifth session of the Board of Investment, are predicted to generate job prospects for over 10,000 individuals, as indicated by an official statement.

During the session, Gehlot highlighted the state government's commitment to positioning Rajasthan as a frontrunner among states by the year 2030. He underscored the pivotal roles of industrial growth and increased investment in achieving this objective.

The Chief Minister conveyed that the Mission 2030's ambition is to propel the state's GDP to around 2.5 times its current value, reaching Rs 35.71 trillion. Gehlot also emphasised the substantial potential of solar energy in Rajasthan, noting the establishment of solar parks across the state.

The Board granted approval for various proposals encompassing personalised incentives, concessions, exemptions, and other facilitative measures. Notably, these endorsed propositions pertain chiefly to sectors such as solar cells and modules, automotive components, dairy products, and cement.

Dignitaries present at the meeting included Industry Minister Shakuntala Rawat, Chief Secretary Usha Sharma, Additional Chief Secretary for Industries Veenu Gupta, Additional Chief Secretary for Finance Akhil Arora, Principal Secretary for Energy Bhaskar A Sawant, Ashutosh A T Pednekar, Chairman of Rajasthan Renewable Energy Corporation, Commissioner of the Bureau of Investment Promotion Om Kasera, along with other officials.

Ashok Gehlot, the Chief Minister of Rajasthan, based in Jaipur, has given his endorsement to tailored investment packages for seven distinct projects aimed at fostering an influx of Rs 246.81 billion into the state.These proposals, which were granted approval during the fifth session of the Board of Investment, are predicted to generate job prospects for over 10,000 individuals, as indicated by an official statement.During the session, Gehlot highlighted the state government's commitment to positioning Rajasthan as a frontrunner among states by the year 2030. He underscored the pivotal roles of industrial growth and increased investment in achieving this objective.The Chief Minister conveyed that the Mission 2030's ambition is to propel the state's GDP to around 2.5 times its current value, reaching Rs 35.71 trillion. Gehlot also emphasised the substantial potential of solar energy in Rajasthan, noting the establishment of solar parks across the state.The Board granted approval for various proposals encompassing personalised incentives, concessions, exemptions, and other facilitative measures. Notably, these endorsed propositions pertain chiefly to sectors such as solar cells and modules, automotive components, dairy products, and cement.Dignitaries present at the meeting included Industry Minister Shakuntala Rawat, Chief Secretary Usha Sharma, Additional Chief Secretary for Industries Veenu Gupta, Additional Chief Secretary for Finance Akhil Arora, Principal Secretary for Energy Bhaskar A Sawant, Ashutosh A T Pednekar, Chairman of Rajasthan Renewable Energy Corporation, Commissioner of the Bureau of Investment Promotion Om Kasera, along with other officials.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement