Bhilwara, November 8, 2024: The Rising Rajasthan district-level Investor Meet will be held in the textile city, Bhilwara, today 8 at Hotel Gloria Inn”. Additionally, the Rising Rajasthan Global Investment Summit 2024 will take place in Jaipur from December 9 to 11. At the Investor Meet today, 143 MOUs worth Rs 10,840 crore are proposed, which is expected to generate employment for more than 23,000 people.

District Collector Namit Mehta stated that, as per the government’s vision, this meet will be beneficial for providing local employment to youth and increasing investment in the district. Following the district-level summit, MOUs can also be signed at the state-level summit.

He mentioned that several meetings have been held with industrial associations and local entrepreneurs at the district and sub-divisional levels for the Rising Rajasthan Bhilwara Investors Meet. A meeting was organised at the Collectorate with representatives from various departments, social workers, the Hotel Resort Association, institutions in health and education, mining organisations, bank representatives, industrial associations, trade boards, and CA organisations. Information on various government schemes was provided to encourage maximum investment.

Sector-wise MOUs in the District

KK Meena, general manager of the District Industries Centre, said that the highest number of 62 MOUs have been signed in the textile sector, with investment proposals of Rs 4,621 crore, which will create employment for 9,320 people. In the iron and steel sector, six MOUs worth Rs 2,661 crore will generate jobs for 7,590 people.

Additionally, 11 MOUs worth Rs 33 crore in agro and food, seven MOUs worth Rs 371 crore in the medical sector, 11 MOUs worth Rs 1,824 crore in the mineral sector, 10 MOUs worth Rs 809 crore in tourism, three MOUs worth Rs 12 crore in furniture, two MOUs worth Rs 9 crore in plastic, seven MOUs worth Rs 159 crore in the petroleum sector, and 24 MOUs worth Rs 337 crore in other sectors are proposed. In total, 143 MOUs worth Rs 10,840 crore are expected. Meena highlighted that these MOUs will serve as milestones in Bhilwara’s development.

20 Stalls to be Set Up

An exhibition focused on One District, One Product will be organised at the Investor Summit, with seven stalls dedicated to textiles, including yarn, suiting and fabric. Other stalls will include those for mining, Bhilwara Dairy, ready-made garments, banking sector and medical facilities. A documentary illustrating the state-level investment opportunities and the geographical, cultural and industrial landscape of the district will also be shown.

11 Industrial Areas Developed by RIICO

RIICO's additional general manager PR Meena shared that RIICO has developed 11 industrial areas for setting up industries in the district, including Biliya Phase 1, Phase 2, Phase 3, Phase 4, RIICO Extension, Industrial Estate, Growth Centre Hamirgarh, Bigod, Kanyakhedi, Karanpura, Ukhalia and Bijolia.

To promote the textile industry in Bhilwara, the state government has allocated 1,292.14 bighas of land in Rupaheli for establishing a Textile Park. Additionally, new industrial areas are proposed in the district, with 85.25 hectares in Mahuaklan, 45.55 hectares in Khakhlan, 47.18 hectares in Kidimal, 49.08 hectares in Dhuwala, 99.72 hectares in Mod ka Nimbahera (Asind), and 17 hectares in Nahari (Raipur). The land for these industrial areas has been allocated to RIICO.