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It is the Vision of Government of Rajasthan to be a developed state where people get ample opportunity to achieve economic prosperity and happiness. The Govt. has taken firm and effective steps to provide an environment conducive to economic and social growth. These steps included formulation of investment friendly policies, create a positive environment for investment into industrial development and to ensure prosperity of the state.
Special Industrial Complexes are being developed in the State by RIICO to meet the requirements of specific industries, particularly of thrust sectors, at the following locations
For Sectoral development of indusrties in the State,following cluster industrues have been identified.
The State is India's largest producer of oilseeds (rapeseed & Mustard), seed spices (coriander, cumin and fenugreek), coarse cereals and bajra in India and accounts for close to 70% of the country's production of gwar. The State is major producer of soyabean, food grains, gram, groundnut and pulses.
Rajasthan's vibrant agriculture sector offers various opportunities for the successful establishment of vibrant and potentially profitable agro-processing units.
The State offers vast potential for organic farming as well as small and marginal farmers of Rajasthan generally use low or no pesticides and chemicals and the agriculture is pro-organic. Plantation of jatropha (for bio-diesel), jojoba, olives and medicinal plants can be taken up in wastelands. The State also offers potential for profitable investment in high tech nursery for fruits, flowers and ornamental plants. Contract Farming for high value crops including medicinal and aromatic plants can also be taken up.
Alwar and Jaipur districts of the State enjoy close proximity to a major auto production hub of the country-Noida, Gurgaon, Daruheda offering excellent advantage for setting up of auto and auto-ancillary units. Nearly 100 units are currently functional in the Bhiwadi region of Alwar district. A special Auto & Engineering Zone has also been developed in the Pathredi Industrial Area and another special zone is being planned in Bhiwadi. To address availability of trained manpower, particularly for shop-floor Operations & Tool Room & Training Centre is being planned over 10 acres.
With excellent availability of clay and feldspar, Rajasthan is an excellent location for ceramic and related industry (white-ware, floorings, bone-china, etc). The State is already home to some of the largest ceramics and bone-china units in India. Rajasthan has huge reserves of cement grade and SMS grade limestone. SMS grade limestone of Jaisalmer district is supplied to various steel plants of the country. The State has 16% share in cement production in the country. Currently, 14 major cement plants and 2 medium cement plants are in operation with a total installed capacity of about 20.3 million tons per annum. Given the availability of huge cement grade limestone reserves, more than 10 cement plants will be installed in the State in near future, particularly in Chittorgarh, Jaipur, Jhunjhunu, Nagaur and Pali.
The State has substantial reserve of different varieties of dimensional stone like marble, granite, sandstone and slate with tremendous export potential and forward linkages, with the booming construction industry. Potential also lies in value addition by manufacturing varies architectural elements and artifacts like prizzlies, pillars, columns, slabs and show pieces, etc.
Gems & jewellery constitute 17% of India's export, of which a significant contribution comes from Rajasthan. For centuries, Jaipur has been a world-renowned centre for sourcing of fine-cut precious and semi-precious gemstones. Over the past decade, the industry has witnessed a complete transformation. 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. RIICO has developed a special zone for Gems & Jewellery at the Export Promotion Industrial Park (EPIP) at Sitapura, Jaipur, besides a Gem & Jewellery SEZ.
Strategically positioned between the industry-laden northern states and critical trade ports of the western states, Rajasthan presents immense opportunities for logistic solution providers to facilitate easy movement of freight. With the $ 50 bn. Delhi-Mumbai industrial Corridor Project on the anvil, the State is bound to witness the upgradation and expansion of its industrial clusters. Nearly 40% of the Industrial Corridor will pass through Rajasthan, throwing open unparalleled business possibilities in the field of logistics. The foray of renowned industrial establishments in the State will also give an impetus to opportunities in the logistics sector.
The state seeks private sector investment in health sector in order to facilitate establishing quality health institutions within the framework of the set standards and norms. Private sector can play an important role to supplement and complement State Government's efforts in providing quality healthcare services through specialty and super specialty hospitals and state-of-art diagnostic facilities at tertiary level. Cities of Rajasthan, that are attractive tourist destinations, can be developed as centres for medical tourism. Towards this, a 'Policy' to Promote Private Investment in Health Care Facilities -2006 is in place. The Policy offers attractive concessions in terms of land allotment on reduced reserve price as well as tax benefits. The vast and largely unexplored mineral treasure of the State offers opportunities for mining and value addition.
Rajasthan has largest potential belt for base metals and noble metals in the country, which extends over a length of about 650 km with 60-90 km width and extending from Alwar in north to Banswara and Dungarpur in South passing through Jhunjhunu, Jaipur, Ajmer, Bhilwara, Rajsamand, Sirohi and Udaipur districts. State has about 210 million tones of identified reserves of lead-zinc ore with 1.45% Pb and Zn. 639 million tons of copper ore reserves containing 0.80% to 1.2% copper. Gold prospects have also been recently reported in Banswara, Udaipur, Alwar and Dausa districts. Base metal and noble metal deposit/prospects, which may be explored for mining are:
Rajasthan has more than 4300 million tones of lignite reserves in Barmer, Bikaner and Nagaur districts. Lignite currently is being produced at Giral area in Barmer and Matasukh area in Nagaur district. In last few years 10 lignite blocks in Barmer, Bikaner and Nagaur districts have been allotted for setting up Thermal Power Plants.
At total of 79 kinds of minerals are available in the State whereas 58 minerals are produced on commercial scale. Rajasthan is the prime producer of zinc, wollastonite, gamet (gem) selenite and jasper, lead, silver, calcite, gypsum and amphibole variety of asbestos in the country. Besides, the State is India's leading producer of ochre's (94%), Phosphate (93%), Steatite (77%), ball clay (66%), and fire clay (23%). Rajasthan is also India's second largest producer of Fluorite (23%), feldspar (20%), copper (44%) and silica sand (18%). Cairn Energy has discovered huge petroleum and gas reserves in Barmer district from where production will commence from 2009. Over 2600 MW of power capacity is being installed by private sector through wind, biomass and lignite-based power plants over the next two years. A policy to Promote Private Investment in Power Generation is in place. The policy includes exemption from stamp duty on execution deeds, exemption/remission from various taxes on capital goods and facility of single window clearance.
Rajasthan is amongst the leading states in the country in tapping wind energy for power generation. The gross wind energy potential in the State has been estimated at 5400 MW and 1890 MW of installed capacity is envisaged by the end of 2011-12, 645 MW wind power plants have been installed. Six sites have been identified through a Wind Resource Assessment Programme in Chittorgarh, Sikar, Jaisalmer, Barmer and Jodhpur districts. The State Government has issued a Policy for promoting Generation of Electricity through Non conventional Energy Sources.
India is experiencing an unprecedented real-estate boom, and the recent decision of the Government of India of allowing FDI and setting up real estate mutual funds or real estate investment trusts have further given momentum to investments in the sector. With saturation setting in the metros, the real action is now heating up in emerging cities. Rajasthan with its well planned cities, and further initiatives for urban development is attracting prestigious projects. Reasonable land prices and good policy environment have attracted many leading real estate companies to Rajasthan.
Rajasthan is one of the few states that has successfully implemented a number of projects through private sector participation on BOT basis. Five road corridors of a total of over 1000 km linking various National Highways are being upgraded to expressways. Road Infrastructure Development Company of Rajasthan Ltd. (RIDCOR) has especially been established as a 50:50 joint venture between the Government of Rajasthan and IL&FS. This 'Mega Highways Project' is the largest road sector project in the country taken up in a public private partnership framework.
Private investors can take up road development projects in the form of up-gradation of State Highways, construction of bridges, bypasses, rail-over bridges and construction of way-side facilities.
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.
Five SEZs with an expected investment of Rs. 165.15 billion have already received formal approval. These are:
Textile is an important industry in Rajasthan, accounting for nearly 20 per cent of the investment made in the State. Rajasthan contributes over 7.5% of India's production of cotton and blended yarn (235,000 tonnes in 2002-03) and over 5 per cent of fabrics (60 million sq. meters). Rajasthan has leading position in spinning of polyester viscose yarn & synthetic suiting (at Bhilwara) and processing, printing & dyeing of low cost, low weight fabric (at Pali, Balotra, Sanganer and Bagru). Besides, Jaipur is also a well-known centre for manufacturing garments primarily for exports. Some knitting units are in process of setting up their ventures at Neemrana.
Abundant availability of raw material, availability of trained labour and a network of backward and forward linkages make Rajasthan an attractive location for textile industry.
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).
Rajasthan is one of the most important tourist destinations in India and south-east Asia. Its desert dotted with rugged forts and beautiful palaces, lakes, wildlife and bird sanctuaries, charming cities, fairs and festivals, and colourful culture form the most fascinating and unique basket of attractions for any tourist. Last year, Rajasthan received about 1.3 million foreign and 23 million domestic tourists. With an annual tourist arrival growth rate of over 12%, the future of tourism is very promising. Rajasthan needs 20,000 additional hotel rooms immediately to meet the demand. The State has adopted an aggressive and comprehensive strategy to give further fillip to the tourism industry and enhance the tourism experience. This includes efforts towards strengthening of infrastructure, restoration of old monuments, and development of new tourism circuits and products. Most of these are being implemented with the involvement of the private sector.
As a result of all this, numerous opportunities have emerged for private investment. 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.
Over the last few years, the State has given a major thrust to higher & technical education and has involved the private sector in transforming the capacity building infrastructure.
Private sector is increasingly being involved in the sector and many investment avenues are opening up for them. It is estimated that there is a need to establish 40 engineering colleges and 80 polytechnic colleges, most of which will be in the private sector. For strengthening of the institutional network across the State, several schemes have been formulated. Scheme for establishing polytechnic colleges and it is 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 Udyog Sansthan Sahabhagita Yojana for private parties to run second shift in existing government ITIs. Scheme for establishing engineering college under PPP mode in 18 districts where facility of engineering college is not available, with provision of providing 10 acres of land, free of cost. Scheme for adoption of ITIs by private sector.
The 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 in the 20,000 engineers, graduating from 64 engineering colleges. Low cost of operations in well-developed cities of the State make them attractive locations for IT and ITeS units.
The state government is also keen to attract investment in sectors like automobiles, consumer goods and Information Technology (IT).
RIICO has developed over 302 industrial areas all over Rajasthan for attracting investment in industrial sector and other areas. RIICO has also developed theme based Parks such as Special Economic Zones (SEZ) at Jaipur, Jodhpur & Neemrana (being developed); IT Parks at Jaipur, Jodhpur, Kota & Udaipur; EPIP at Jaipur & Jodhpur; Agro Food Parks at Kota, Jodhpur & Sriganganagar; Apparel Park at Jaipur; Bio Tech Parks at Jaipur, Jodhpur & Bhiwadi; Growth Centres and other special Parks also. There is a vast opportunities of investment in these Parks and also these Parks offers various lucrative incentives for investment. The State offers investment opportunities in all sectors and a few important sectors are:
1. Information Technology and IT enabled services.
Software and services exports continued to remain on top of the IT industry's revenue. The export-driven software sector saw major long term projects come to Indian ICT leaders and Indian companies bagging a larger and larger share of the global outsourced business. The software export sector logged in a revenue of Rs. 47,500 crore during 2002-03, a jump of around 30 percent.
As per projections of NASSCOM, Indian IT / ITES market will be of $62 Billion by 2009 and $US 148 Billion by 2012. The growth in IT & ITES market in India will translate to manpower requirement estimation of 9.72 lacs for IT export services and 27.17 lacs for ITES export services by 2012. The State of Rajasthan being close to NCR, offers investment opportunities in IT sector especially in ITES. To attract investment in IT sector, RIICO has developed State of Art IT Parks at Jaipur, Kota, Udaipur & Jodhpur. RIICO is also considering to develop such IT Parks at Bhiwadi (Alwar). The infrastructure in terms of developed plots, continuous power, High Speed Data Com Facility through Satellite Earth Station, Roads etc. are being made available to IT industries in IT Parks. An investor friendly IT Policy is already in place, provides lucrative incentives to IT industries (download IT Policy). The following concessions are being available in IT Parks.
2. Bio Technology (BT)
A new generation of biotechnology developed as a result of intensive work in India has opened up new opportunities for economic development in the country. The country is also rapidly emerging as a major market for biotech products. The current consumption of biotechnology products in India is of the order of Rs. 90 billion which is expected to increase to Rs. 234 billion by 2010. The healthcare sector would contribute 38% of the market, agriculture 32% and industrial products 30%. The small scale sector is expected to play a major role in the growth of the biotech industry.
Rajasthan is very rich in Bio resources. The State provide tremendous bio diversity, rarely to be found in any other State. Rajasthan is very rich in cattle breed also. State has highest livestock population and there is good potential in animal husbandry and genetic engineering. Thus Rajasthan has great potential to create immense industrial activity in Biotechnology and modern Biotech products involving recombinant DNA based products and Bio Informatics. To attract investment in BT sector, RIICO is considering to develop State of Art Bio Tech Parks at Jaipur, Jodhpur and Bhiwadi (Alwar). The infrastructure in terms of developed plots, continuous power, High Speed Data Com Facility, Roads, common testing facility etc. are being developed in Bio Tech Parks. An investor friendly Bio Tech Policy is on anvil under which many lucrative incentives will be provided to Bio Tech investor. The following concessions are available in Bio Tech Parks.
Rajasthan registered a 33% rise in exports in the financial year 2011-12 and maintained its 10 th position in the country. The official figures released by the department of industry show marginal growth in almost each sector but a mushrooming rise in agro products.
With Rs 23,753 crore in the year 2010-11 exports from the state reached Rs 32,749 crore in 2011-12, an increase of Rs 8,996 crore in a year. The major contributor behind the sharp increase has been the rise in exports of agro and food products, marble and stones and chemicals from the state.
The agro category witnessed an exemplary growth of 73%. In the year 2010-11 it was just Rs 2,869 but reached Rs 10,785.38 crore in 2011-12. The escalation was largely ridden on Guar gum, which was also the single biggest export from Rajasthan in the last financial year. Out of the total exports in the category its contribution was Rs 10,316 crore. Other sector which has preformed remarkably well in exports is chemical and allied services. The category registered 62% increase and total exports reached Rs 2,743 compared to Rs 1,347 last year. The sector has been recording a consistent growth for past six years and generating revenues of almost Rs 1,000 crore since 2005.
Textiles industry witnessed a rise of Rs 902 crore in exports. However, experts believes that this sector has more potential than what figure suggests. With a whopping rise of almost 50% in marble, granite and dimension stones category have registered its biggest growth in the last one decade. In fact, Rajasthan is fast becoming a major hub for export of marble and granite in the state. Unlike previous years, gems and jewellery category grew only marginally. The biggest disappointment came from dip in exports in mineral fuels.
Organic farming has the potential to generate over 80 lakh jobs in Rajasthan during the next five years in addition to about 15 lakh jobs in the related areas of storing, processing, value addition, packaging and marketing. Promotion of organic farming in the State can also lead to wealth accumulation of about Rs.47,000 crore and generate exports worth Rs.600 crore.
Rajasthan has a crucial role in taking India's share in global organic exports from about 0.2 per cent to about 2.5 per cent by 2017, said the study, adding that the State has the potential of becoming the country's export hub for certified organic food. Organic farming is a default practice in many districts of the State due to low usage of fertilisers and pesticides by farmers because of favourable agro-climatic conditions and availability of rich natural resources.
Cotton, turmeric, ginger and some variety of pulses are certain organic crops produced in Rajasthan and efforts are being made to produce other varieties of pulses such as arhar and moong, along with the commodities like honey, garlic, chilli, paddy and medicinal plants.
