Posts Tagged rajasthan growth

Factors That Makes Rajasthan A Perfect State for Investment

Rajasthan state offers a set of unique advantages and opportunities for profitable investment in many sectors. Some of them includes :

Sound Infrastructure

Rajasthan’s development is well depicted by sound infrastructure for significant and sustained growth. Some of them include transportation, communication and industrial infrastructure.

Strong Institutional Network

Over the last few years, Rajasthan has effectively invested in capacity building through development of a strong institutional network at all levels.

Currently Rajasthan has 15+ public universities, 10+ deemed universities and various mangement and engineering colleges that are developing well-qualified professionals.

Location

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 largest consumer markets in the country. It is also toches 6 major states of India Haryana, Uttar Pradesh, Punjab, Madhya Pradesh, Gujarat and Delhi.

Resources

Rajasthan offers a big basket of unexploited resources in terms of agricultural and mineral. Rajasthan is also one of the largest mineral producing states in India offering a variety of minerals including ferrous and non-ferrous which can be used in ceramic, fertilizer and construction industries.

Tourist Attractions

Rajasthan’s forts, palaces, Thar Desert, bird sanctuaries and national parks, fascinating handicrafts and colourful culture is the most comprehensive and unique basket of offerings for any tourist.

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.

Best Planned Cities

Rajasthan has some of the best planned cities in the country. These cities have excellent educational institutions, shopping malls, multiplexes, clubs, restaurants, art galleries, luxury hotels making them ideal places to live in.

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Planning to Do Business in Rajasthan – Detailed Overview on Industrial Scenario

Rajasthan is located in Northwestern India and has boundaries with the States of Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, and Gujarat as well as a long international boundary with Pakistan.

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Most Lucrative Investment Destination

Rajasthan, with its heritage, culture and art has mesmerized the world for centuries. But in recent times, Rajasthan has rapidly emerged as one of the most lucrative investment destinations in India.

Advantages of Doing Business in Rajasthan

Wide-ranging economic reforms, availability of low cost labour, access to cheap and a variety of raw material  and intermediate products, a large domestic market, a mature financial sector and political stability are some  of the factors which have increased investment flows.

This business environment is powered by an enterprise-friendly government, good  infrastructure and a young & highly skilled workforce which attracts lots of business players.

Economy of Rajasthan

According to Indian Brand Equity Foundation (IBEF) Rajasthan is the second largest mineral producing state in  India.  The state’s gross domestic product (GDP) grew at an impressive compound annual growth rate (CAGR) of 14.1  per cent between 2002-03 and 2008-09 to reach US$ 41.74 billion.  Rajasthan’s economy is primarily agricultural and pastoral with one-third of Rastaban’s GDP .

Various Industry Sectors in Rajasthan

# Agriculture
# Cement
# Energy
# Gems and Jewellery
# Handicrafts
# Mining
# Stone
# Textile
# Tourism

In upcoming days we will be writing about various industry sectors of rajasthan, business oppounities, where to invest, recent business growth, key business in rajasthan and lot of other related aspects.  Stay tuned to learn more.

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