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Gems and Jewellery Sector Makes Rajasthan Highly Prominent as an International Destination

Jan 28

Posted by mystaterajasthan in about rajasthan, handicrafts rajasthan, industries rajasthan, rajasthan traditional jewellery | 3 Comments

Rajasthan is the most preferred destination for investments in major sectors. Easy availability of raw resources makes it the natural choice for agro, minerals and jewellery based industries.

Gems & Jewellery Sector in Rajasthan

Recognized as the diamond polishing state of the india, Rajasthan is gaining prominence as an international sourcing destination for high quality designer jewellery. According to IBEF, gems & jewellery manufacturing in rajasthan constitute 17% of India’s export which makes it the fastest growing jewellery market in the world.

Jaipur – World Renowned Center for Gemstones

For centuries, Jaipur has been a world-renowned center for sourcing of fine-cut precious and semi-precious gemstones. With heavy investment in technology, gemstone cutters have forward integrated and have started jewellery manufacturing.

Jaipur now exports a wide range of studded silver, gold and even platinum jewellery.  Beautifully enameled artistic gold jewelry studded with flat diamonds and colored gemstones are recognized as a sign of aristocracy since Mogul period.

Gems & Jewellery SEZ

The presence of highly skilled, low-cost labour enables India to design and make high volumes of exquisite jewellery at relatively low cost. RIICO has also developed a special zone for Gems & Jewellery at the Export Promotion Industrial Park (EPIP) at Sitapura,  Jaipur.

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Health Care Industry – An Integral Part of Rajasthan’s Future Growth

Jan 27

Posted by mystaterajasthan in about rajasthan, health rajasthan, industries rajasthan | No Comments

Health care industry plays an important part in the economy of a country. According to IBEF, The healthcare industry in india, which comprises hospital and allied sectors, is projected to grow 23 per cent per annum to touch US$ 77 billion by 2012 from the current estimated size of US$ 35 billion.

Parts of Healthcare Industry

For purposes of finance and management, the healthcare industry is typically divided into two groups. It includes health care equipment & services and  another one is pharmaceuticals, biotechnology & related life sciences.

Health care equipment and services comprise companies that provide medical equipment, medical supplies, and health care, such as hospitals, home health care providers, and nursing homes.

The second industry group comprises sectors companies that produce biotechnology, pharmaceuticals, and miscellaneous scientific services.

Healthcare Sector in Rajasthan

Rajasthan seeks private sector investment in health sector in order to facilitate establishing quality health institutions within the framework of the set standards and norms.

Major Investors in Healthcare

In Rajasthan private sector corporate entities like the Apollo Hospitals, Wockhardt Hospitals and Fortis Healthcare have shown aggressive expansion plans. Bangaluru-based Narayana Hrudayalay are also planning to start their hospital in the pink city in march 2010.

Other big investor include Geetanjali Foundation (Udaipur) and Bangalore-based Manipal Health Systems (MHS) etc.

Many Cities that are attractive tourist destinations, is also being developed as centers for medical tourism in rajasthan.

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Rajasthan – Rapidly Growing Auto Production Hub of the Country

Jan 25

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Automobile Hub in Rajasthan

Automobile Hub in Rajasthan

Industrial economy of Rajasthan depends on heavy, medium and small scale industries. Some of them include cement, ball bearings, sugar, ceramic, wool, marble, sandstone, granite and chemical industries.

Apart from these, the Automobile sector has seen a rapid growth in recent past, it has made Rajasthan Major Auto Production hub of the country.

Due to close proximity to a major auto production, Alwar, Bhiwadi and Jaipur districts runs nearly 100 units.

In Bhiwadi, a special Auto & Engineering Zone has also been developed in the Pathredi Industrial Area and another special zone is being planned.

To address availability of trained manpower, particularly for Shop-floor Operations, a Tool Room & Training Centre is being planned over 10 acres here.

Motor Industries Company

Motor Industries Company Ltd (MICO) is a part of the Bosch Group, Germany, world’s second largest supplier of automotive technology. MICO has set up a unit for manufacture of auto components in Jaipur, with an investment of approx. USD 50 million

Federal Mogul Automotive Products

Federal-Mogul Automotive Products (India) is a 100 per cent subsidiary of Federal-Mogul USA, a USD 7 billion auto ancillary corporation. It has set up a plant for manufacture of automotive spark plugs at RIICO Industrial area at Bhiwadi.

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