Business Tourism in Rajasthan

Rajasthan, with its enchanting heritage, culture and art has mesmerized the world for centuries. Interestingly, Rajasthan has now also started featuring prominently on the list of an entirely new set of people, the investor community. Gateway to the large markets in north and the west India, today, Rajasthan is one of the rapidly growing economies in India.
City Road 

Rajasthan's business environment is powered by an enterprise-friendly government, good infrastructure and a young & highly skilled workforce. The remarkably peaceful and politically stable state offers a set of unique advantages and opportunities for profitable investment in many sectors.


Industry Sectors in Rajasthan


Rajasthan State Economy

With the State Domestic Product (NSPD) of Rs.1381.84 billion in 2007-08, Rajasthan is the eighth largest economy in India. During 2006- 07, the economy grew by a healthy 8%.
Industry Scetor
Agriculture is the main economic activity in the State and the sector is also the largest employment generator. Besides agriculture, construction, tourism and manufacturing are significant contributors to the State income. Key industries in the State are textile, tourism, gem & jewellery, dimensional stones (marble and granite), agro-processing, cement and other mineral-based industries. Auto & auto-component manufacturing, IT and ITeS, oil & gas, power generation, and road construction are the emerging industries.
Principal exports from the State include gems & jewellery, woollen carpets, hand-printed apparels & furnishings, tie & dye clothes, handicraft articles, marble and granite, and engineering goods.


Rajasthan State Government Policies

  • Investment Policy
    The Rajasthan Investment Promotion Scheme (RIPS) aims to promote investment in Tourism, Education, Medical & Health, Information Technology and other service sectors besides manufacturing. The Policy is a package of exemptions and subsidies, especially developed for the "new economy".
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  • Non Conventional Energy Policy
    Single Window Clearance on proposals received for developing the power plants based on non-conventional energy sources. BOT Mode: The developers the build wind farm, install wind generators, develop power evacuation system and transfer the built project to the investor, in whose name the PPA is signed for a period of 20 years (in case of sale to grid). Besides the incentives offered by the Government of India, GoR too offers a package of incentives. Exemptions
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  • IT and ITES Policy
    An escort service would be started with one Government official becoming the single point of contact for approvals and clearances and Self certification allowed for IT & ITES companies for several compliances.
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Investment in Rajasthan

The State Government has undertaken several measures towards liberalization, de-licensing and strengthening the Single Window Clearance System, in order to induce investments in various sectors. Special Economic Zones (SEZs) are being developed with a view to provide the infrastructure and environment, conducive to seamless business operations. The State Government has also provided for further relaxations to the investors under the 'Rajasthan Investment Policy, 2003'.
The Government of Rajasthan recently held the 'Resurgent Rajasthan Partnership Summit', which received an overwhelming response from renowned private establishments. Investments worth Rs162, 000 crores (US$40 billion) were proposed through 300 MoUs/LoIs signed at the Summit; reflective of the attractive environment provided by the State to present and prospective investors.
The State Government has also formulated the 'Rajasthan Social Sector Viability Gap Funding Scheme 2007' to ensure the supplementation of scarce public resources for investment in social infrastructure sectors.


Advantages of Investment

Take a closer look at this vibrant, fast-growing State and you will find all the ingredients of a perfect location for a stable and profitable investment.
  • Easy Market Access
    Rajasthan is the corridor between the wealthy northern and the prosperous western states of India which enables it to provide quick and low-cost access to the two largest consumer markets in the country. Rajasthan also provides passage between the ports on the western coastline and the landlocked states in the north. Rajasthan touches 6 major states of northern, western and central India - Haryana, Uttar Pradesh, Punjab, Madhya Pradesh, Gujarat and Delhi - giving direct access to an aggregate market of about 330 million people.

  • Infrastructure
    Rajasthan's development is driven by sound infrastructure for significant and sustained growth. Power, transportation, communication and industrial infrastructure have been fundamental forefronts of physical infrastructural development. The two most ambitious national highways projects of Government of India - East-West North-South corridor and the Golden Quadrilateral - are bound to benefit Rajasthan, as a good part of both these projects pass through the State. To facilitate export-import movement in the state, Inland Container Depots (ICDs) have been set up at Jaipur, Jodhpur, Bhiwadi, Udaipur, Kota and Bhilwara.

  • Vast Talent Pool
    Over the last few years, the State has effectively invested in capacity building through development of a strong institutional network at all levels. Today, Rajasthan has 14 public universities, 8 deemed universities and 4 private universities, 64 engineering colleges, 75 MBA institutes and over 966 colleges that are producing well-qualified professionals. Moreover, there is an intake of 90,000 seats in technical institutes in the state. Besides, 431 Industrial Training Institutes are preparing a skilled workforce of 43000 people every year to fuel industrial growth. The Indian Institute of Technology will soon set-up its another branch in Kota.

  • Basket of Unexploited Resources
    Rajasthan offers a big basket of unexploited resources agricultural and mineral with tremendous potential for value-addition and exports. Blessed with varied climatic conditions, the State is the leading producer of a number of cash-crops including oilseeds and spices. Rajasthan is also one of the largest mineral producing states in India offering a variety of minerals ferrous and non-ferrous and inputs to cement, ceramic, fertilizer and construction industries.

  • Unique Tourist Attractions
    Rajasthan's rugged forts, beautiful palaces, picturesque Thar Desert, bird sanctuaries and national parks, lively fairs and festivals, lakes and mountains, fascinating handicrafts and colorful culture is arguably the most comprehensive and unique basket of offerings for any tourist. The number of tourists visiting Rajasthan every year is about one-and-a-half times the entire population of Holland.

  • Pro-business Governance
    Given the effective law enforcement and peace-loving people of Rajasthan, industrial units in the State share a remarkably healthy industrial relation environment, with negligible incidents of labour unrest. The overall law and order situation in the State is very good; cities are safe and working environment, amicable. The natives welcome people from outside the State, and discrimination on the basis of community or regional backgrounds is unheard of. Great Place to LiveRajasthan has some of the best planned cities in the country. With a unique blend of rich culture and modern day comforts, the cities offer excellent lifestyle. The cities have excellent educational institutions, shopping malls, multiplexes, clubs, restaurants, art galleries, luxury hotels, health centres and spas, making them ideal places to live in.


MICE(Meetings, Incentives, Conventions and Exhibitions)

Meetings, Incentives, Conventions and Exhibitions (MICE) Market are one of the most exciting and fast growing segment in hand trade. Trends indicate that travel agents, tour operators, hotel companies, cruise companies are all eyeing the Rajasthan MICE market as one with great potential for future growth. The sheer size of this market and its tremendous capacity makes it both significant and lucrative. The princes of Rajasthan deliberated in style and built splendid meeting chambers.
Birla Auditorium  
Birla Auditorium, Jaipur
Rajasthan is not only about an aristocratic ambience, it makes business sense too. The State offers unparalleled luxury in heritage accommodation, great sight seeing and entertainment along with it's famed traditional hospitality. Moreover, a good tourism infrastructure provides a host of facilities like welcome ceremonies, transportation, convention receptions, banquets and gourmet of any kind. Trained English speaking convention hosts and hostesses conduct convention registrations and provide assistance with professional capabilities. The infrastructure for good communication like telephones and the internet is also available.
Rajasthan offers a wide choice of convention centres. You can choose from well-connected cities like Jaipur, Jodhpur and Udaipur to small venues which could be historical or even wildlife sanctuaries depending on your liking. Rajasthan can also arrange for conventionalizing theme conferences. Rajasthan offers a wide choice of convention centres. You can choose from well-connected cities like Jaipur, Jodhpur and Udaipur to small venues which could be historical or even wildlife sanctuaries depending on your liking. Rajasthan can also arrange for conventionalizing theme conferences.


Facilities


  • Main centers like Jaipur, Jodhpur and Udaipur are linked by air while the other venues are easily accessible by rail and road.

  • Major Hotels are having the facility and event management companies are their, to facilitate and manage events.

  • Arrangement for transportation, sightseeing, catering or any other demands can be handled perfectly. Pre and post conference tours can be organized.

  • Special requirements for accompanying family members can be taken care of.

  • A tourist infrastructure that is able to provide everything from ceremonial welcome to cars, buses and other facilities.

  • Interesting venues with right facilities and proper management.

  • All technical requirements are looked into along with professional services.

  • Thematic shows and mock festivals are readily arranged on choice.

  • Children can have a feast by indulging in entertainment parks, aqua parks or international eating joints like McDonalds, Pizza hut, Dominoes, etc.

  • The pleasure of indulging in authentic and thematic atmosphere while conducting business adds thrill and adventure. It can also include various safaris.


Special Economic Zone (SEZ)

Rajasthan's location, with proximity to the Delhi International Airport and ports of the western coast, makes it an ideal location for export-oriented industrial development on a large scale. Most of this passage is already well connected through 4 to 6 lane highways. 40% of the proposed Delhi-Mumbai freight corridor will pass through Rajasthan throwing up enormous possibilities for development of industrial belts such as special economic zones along the corridor.
Mahindra Sez, Jaipur 

Five SEZs with an expected investment of Rs.165.15 billion have already received formal approval. These are:
  • Mahindra World City (Jaipur) Ltd., Jaipur
  • Somani Worsted Ltd., Khushkeda, Bhiwadi, Alwar
  • Genpact Infrastructure (Jaipur) Pvt. Ltd., Jaipur
  • Vatika Jaipur SEZ Developers Ltd., Jaipur
  • Mansarovar Industrial Development Corporation, Jodhpur
There are a number of incentives being offered to the upcoming SEZ developers and units at Rajasthan Special Economic Zone. Some of these incentives for Rajasthan SEZ developers and units are listed as under:
  • Exemption from all kinds of state taxes, duties, levies, and local taxes

  • Proper grants and equity will be provided to the projects of SEZ by the Central Government

  • One of the officers of Rajasthan State Pollution Control Board will be actively present in the office of Development Commissioner of the special economic zone of Rajasthan

  • Adequacy in the supply of power to all the sectors in SEZ

  • The state government is also responsible for supplying sufficient water and disposal treatments from its own resources for SEZ

  • The state government is on its way to announce some units in SEZ to be termed as 'public utility services' which will be run by Industrial Disputes Act

  • A fast clearance for the units and services as rendered by the SEZs

  • Connectivity of national or state highways