Archive for category industries rajasthan

Industrial Plots Can Now be Converted into Hotels in Rajasthan

Industrial Development Agency and Rajasthan State Industrial Development and Investment Corporation Ltd (RIICO) has approved conversion of industrial plots into hotels.

In this way entrepreneurs can set up hotels on industrial plots in Rajasthan without any changes in land use for commercial purposes of the plot.

Not Required Any Conversion charges

According to RIICO’s Infrastructure Development Committee (IDC), the allottee will not be required to pay any conversion charges. Earlier, allottee had to pay thrice the prevailing value of the industrial plot for the conversion.

The approval for the hotel project will be subject to technical norms and building parameters relevant for setting up a hotel.

The requisite clearances from the statutory authority will also have to be obtained before setting up the property.

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Rajasthan – Great Suppliers of Handicrafts Worldwide

India is one of the important suppliers of handicrafts to the world market. It provides employment to over six million artisans, which include a large number of women and people belonging to the weaker sections of the society.

The economic importance of the handicraft sector lies in their high employment potential, low capital investment, high value addition &  high demand in domestic & overseas markets.

Handicraft Industry of Rajasthan

Rajasthan is indisputably recognized worldwide for its manufactured handicrafts, including wooden, metal-based, stone, ceramics & textile products, and decorative objects.

Currently Rajasthan stands second in India’s handicraft exports, next to Uttar Pradesh. Handicraft exports from the State during 2007-08 stand at nearly Rs 2500 crore,  accounting for 25% of India’s export.

Jaipur – Largest Handicraft Export Center

Every District & every village of Rajasthan has a rich cultural & historical background & at least one unique craft to boast of.  Jaipur is one of the most important areas not just in Rajasthan, but also in the country for the production & subsequent export of handicrafts.  Currently, there are more than 2000 units in the handicraft export business, employing more than 5 lakh people.

Federation of Rajasthan Handicraft Exporters

In Rajasthan, The Federation of Rajasthan Handicraft Exporters is also formed to interface between the Handicraft Exporter, Government and other related institutions in order, that the industry may grow and progress in totality.

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Opportunities in IT and ITES Sector in Rajasthan – An Overview

Rajasthan State has made considerable investment in communication infrastructure, research & development facilities for training and skill enhancement.

Rajasthan has a vast pool of trained, English-speaking professionals, engineers, graduating from 85+ engineering colleges. Low cost of operations in well-developed cities of Rajasthan state makes an attractive locations for IT and ITes units.

Government Initiative to Promote IT Sector

The State Government is making all efforts to leverage the benefits of IT for improving the quality of life of the people. It has undertaken several steps for promoting Rajasthan as an attractive location for investment in the IT industry. Some of them Include :

  • IT Parks with special infrastructure have been set up at Jaipur, Jodhpur, Kota and Alwar.
  • Simplified labour laws (women allowed to work in night shift, self certification, etc.)
  • Plug and Play’ modules are offered at the IT Park, Jaipur
  • Software industries can be set up in urban areas
  • All other incentives available under Rajasthan Investment Promotion Scheme.
  • Established Rajasthan Venture Capital Fund (RVCF), with the objective of promoting companies in IT, bio-technology and other technology driven businesses.

Rajasthan E-Government

Rajasthan has already taken steps to adoption of information technology in various aspects of governance. Rajasthan has one of the largest non-telecom fibre-optic networks covering 407 villages and providing Internet, cable television and e-governance services.

The state has introduced “Lokmitra”, A web enabled payment services for electricity, water and phone bills. A computerised registration system for property transactions is also planning to start in near future.

The transport department has introduced online vehicle registrations, licenses and other certificates in Jaipur.

Apart from these, there are many Innovative Projects in pipeline. You can check out those project here.  -  E-Governance Projects in Rajasthan

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Tourism Industry – Emerging Business Sector for Private Investment in Rajasthan

Tourism is the largest service industry in India, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India.

India witnesses more than 5 million annual foreign tourist arrivals and 527 million domestic tourism visits.

The tourism industry in India generated about US$100 billion in 2008 and that is expected to increase to US$275.5 billion by 2018 at a 9.4% annual growth rate.

Rajasthan Tourism Industry

Rajasthan is famous for its rich cultural heritage, wild life and safaris, sand dunes and bio-diversity. It is endowed with ancient forts, magnificent palaces, large and small museums etc.

All these make the State of Rajasthan a favorite destination for tourists the world over.

Foreign Tourists visit in 2008

The total number of inbound tourists in India were 14,77,646 and out of these 10.5% visited Rajasthan.

Given this figure, the Government has taken several steps for promoting investment in the tourism sector.

Business Opportunities

As a result of all this, numerous opportunities have emerged for private investment it includes:

1. Investment in the development of tourism units: A Hotel Policy has been announced that offers a number of incentives for setting up of hotel units. A land bank has also been developed for setting up hotels in various important cities.

2. Development of heritage buildings in Rajasthan as tourism properties: The State Government is facilitating an arrangement wherein private heritage properties  can be taken up by investors in a joint venture or on management contract. The Government is in the process of identifying government properties of heritage value, which would be given out on lease arrangements.

3. Rope-ways: Specific locations have been identified (Udaipur, Ajmer, etc.) and Ropeways Act has been formulated to facilitate investment.

4. Adventure tourism products in Rajasthan: River sports, hot air ballooning, desert sports, horse safari, aero-sports, etc.

5. Development of Medical Tourism including starting more naturopathy, yoga and meditation centers.

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    Rajasthan Ceramic Industry – Booming due to Excellent Availability of Clay and Feldspar Minerals

    Ceramic Industry in India is fast growing. It maily comprises ceramic tiles, sanitary ware and crockery items which gets manufactured both in the large and small-scale sectors with wide variation in type, size, quality and standard.

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    Ceramic Industry in Rajasthan

    The state of Rajasthan is blessed with a rich variety of metallic as well as industrial (non-metallic) minerals (including rocks). With excellent availability of clay and feldspar, Rajasthan is an excellent location for ceramic and related industry.

    The State is already home to some of the largest ceramics, bone-china, manufacturing bricks, tiles, statues, insulators, porcelain units  etc.  These industries are located across the state but are concerned in Jaipur, Bikaner, Bhilwara, Abu Road and Bhiwadi.

    Feldspars & Clay Production

    • Feldspars, quartz, mica beryl and associated minerals occur in complex pegmatites. Simple pegmatites contain only quartz and feldspar with or without mica and it is these pegmatites which produce the maximum quantity of feldspars.
    • Rajasthan is a leading producer of clay accounting for 40% of India’s production. The quality of clay found in Rajasthan is superior to those found in other parts of the country and is used in the manufacturing of ceramic products

    Major Investors in Ceramic Sector

    * Kajaria
    * Liberty
    * Jaipur Ceramics

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    Steel Industry in Rajasthan – Comprises of Small Scale Re-Rolling and Stainless Units

    The iron and steel industry presents one of the most intensive sectors within the Indian economy. According to reports, India has emerged as the fourth largest producer of steel in the world and the second largest producer of crude steel with reached 28.49 million tonne (MT) in April-September 2009.

    Steel Industry in Rajasthan

    Rajasthan‘s steel industry comprises of mainly re-rolling and stainless steel units. The units are mostly located around Jodhpur, Alwar and Jaipur. Rajasthan also has huge reserves of steel melting shop (SMS) grade limestone which is supplied to various steel plants in the country.

    Investments in Steel Industry

    A host of steel companies have lined up major investment proposals. Furthermore, with an expanding consumer market, the Rajastyhan steel industry is likely to receive huge domestic and foreign investments.

    Key Investors in Steel Industry

    Asian Alloys Limited (AAL)

    • Its units are located in Punjab and at Bhiwadi in Rajasthan.
    • Company‘s products are mainly used in the paper and rubber industry.

    Kamdhenu Ispat Limited

    • Kamdhenu Group is a manufacturer of international quality steel bars in Northern India and the first to receive ISO-9002 certification by NQA QSR Dutch Council of quality ISO -9002 systems.
    • Steel bars are manufactured at its unit in Bhiwadi.
    • Its paint division has a plant in Alwar.

    PSL Limited

    • The company’s activities include manufacture of protective coatings for steel pipes, epoxy coatings for reinforcement bars, manufacture of epoxy powder paint and galvalum range of aluminium sacrificial anodes and the processing of iron ore.

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    Special Economic Zone (SEZ) in Rajasthan – Offers Infrastructure and Business Environment to Promote Exports

    Special economic zone or more commonly known as SEZ, is a particular area which acts as foreign territory for tariff and trade operations. In these zones Govt. provides tax exemption i.e excise, customs, sales and provide subsidisidies on water and electricity bills to companies.

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    Objectives of Special Economic Zone

    The prime objective of the Government is to develop specially delineated economic zones  to provide enabling infrastructure and a hassle free environment to promote exports from the State.  Special emphasis is  laid on development of product specific Special Economic Zones to harness inherent potential of the State in the fields of Gems & Jewellery, Handicrafts, Woolen Carpets etc.

    Rajasthan’s location and proximity to the Delhi makes it an ideal location for export-oriented industrial development on a large scale. 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.

    New Concessions for SEZ in Rajasthan

    Recently Rajasthan Chief Minister Mr Ashok Gehlot  added new points in SEZ Act that says : The industrial units established in the SEZ would get exemption from electricity duty for ten years instead of the previous seven years, while the hotels and entertainment units on the SEZ premises would be exempted totally from payment of luxury tax and get 50 per cent concession on entertainment tax for seven years.

    SEZs in Rajasthan

    Five SEZs with an expected investment of Rs.165.15 billion have already received formal approval and start working progressively. These are:

    * Mahindra World City (Jaipur) Ltd., Jaipur

    Following the success of Mahindra World City, Chennai, the second Mahindra World City was established in Jaipur. Inaugurated in December 2006, Mahindra World City, Jaipur is spread over an area of 3,000 acres.

    Some of the other SEZ’s in Rajasthan are:

    * Somani Worsted Ltd., Khushkeda, Bhiwadi, Alwar
    * Genpact Infrastructure (Jaipur) Pvt. Ltd., Jaipur
    * Vatika Jaipur SEZ Developers Ltd., Jaipur
    * Mansarovar Industrial Development Corporation, Jodhpur

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    Education Industry – One of the Fastest Growing Industry Sector in Rajasthan

    Education is the most essential element in human resource development. It has always been accorded an honored place in every economy.

    It implies ability of the people to read, write and understand. It has the fundamental aspects of imparting knowledge, wisdom and culture. It helps in drawing out the latent potentials and talents of an individual.

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    A well-defined educational system holds the key to economic growth, social transformation integration of a country.

    The Indian educational structure mainly consists of the Four stages, namely:-

    • Elementary Education
    • Secondary Education
    • Higher Education
    • Technical Education

    Education Industry in Rajasthan

    Education Industry in Rajasthan is fast growing. The education system of rajasthan is changing frequently owing to the initiatives taken by the Government and the involvement of other institutions.

    Rajasthan today have 85+ Engineering colleges including 10 Govt. Engineering Colleges. As the market is booming for technical education, engineering colleges in rajasthan will rise in future.  Private sector is increasingly being involved in the sector and many investment avenues are opening up for them.

    Government Initiatives

    For providing educational services, enrollment of students in schools, abbreviating gender disparities and promoting education, a number of policies have been implemented by the government.

    Some of them include scheme for establishing polytechnic colleges and ITIs under PPP mode in the lagging districts and Panchayat Samiti blocks where such facilities do not exist.  Provisions have been made to allot 10 acres of land, free of cost, to the private investor for setting up a polytechnic college in such areas.

    Free buildings will also be provided if the private investor prefers to establish Women Polytechnic in the lagging district. Private sector is increasingly being involved in the sector and many investment avenues are opening up for them.

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    Real Estate Industry in Rajasthan – Perfect Business Sector for Investment

    Rajasthan is experiencing an unprecedented real-estate boom, and the recent decision of the Government  of allowing FDI and setting up real estate mutual funds or real estate investment trusts have further given momentum to investments in the sector.

    World Trade Park in Jaipur

    In Rajasthan, Real estate market offers commercial and residential spaces that are fairly priced and conveniently located thereby catering to  demanding requirement of a property buyer.

    Leading Real Estate Investor in Rajasthan

    Reasonable land prices and good policy environment have also attracted many leading real estate companies to Rajasthan.

    Delhi-based builders Ansals, Vatika, Omaxe, Emaar MGF, Gold Souk and Parsvnath have launched a slew of residential projects in and around the various cities of Rajasthan. Many local developers like Narvik Nirman, Narayan group are also developing residential apartments here.

    Realestate Aspect of Jaipur

    Jaipur’s proximity to Delhi is a boon to the city. Jaipur is now being considered as an alternative city just like Gurgaon, Faridabad and Ghaziabad. Hence, Jaipur is the first choice for those corporate houses that want to spread out of Delhi and want to explore India’s west-zone.

    Real estate development in Jaipur has reached astounding heights as property developers from across the country coming here for investing.

    As per the data showcased by the Jaipur Development Authority (JDA), the population of the main city, which is 19, 00,000 is poised to grow to 48, 00,000 by 2011. This will create a high demand for residential properties in the city.

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    Rajasthan – A Leading Textile Manufacturing Hub

    Textile is an important business sector in Rajasthan from a investor’s perspective. According to reports, Rajasthan contributes over 7.5 per cent of India’s production of cotton and blended yarn and over 5 per cent of fabrics.

    Polyester viscose yarn & synthetic suiting, processing, printing & dyeing, low weight fabric, are some others which makes rajasthan a leading hub in textile sector.

    Textile Hub in Rajasthan

    In Rajasthan, bhilwara city has emerged as India’s largest manufacturer of suitings and yarn. Other cities like Pali, Balotra and Bagru are also famous for fabric textile.

    Jaipur is another of a well-known center for manufacturing garments primarily for exports. Some knitting units are in process of setting up their ventures at Neemrana, a industrial town 100 kms away from Delhi.

    Sanganer town in jaipur is famous worldwide for its dyeing and printing industries. There are about 400 industries involved in textile printing processes.

    A new garment cluster is being developed at Pathredi, near Bhiwadi in the National Capital Region. Two integrated textile parks are being developed at Silora (Kishangarh).

    Key Factors for Development of Textile Industry

    There are some key factors responsible for development of textile industry in Rajasthan which include abundant availability of multi-fiber raw material,  trained labour and a network of backward and forward linkages etc.

    Textile Industry Investor in Rajasthan

    * Rajasthan Spinning and Weaving (LNJ Group)

    * Grasim Industries (AV Birla Group)

    * Derby Textiles

    * Shree Rajasthan Syntex

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