Expo Dubai - Rajasthan garners investment of Rs 400 Billion! Signs off in style.

Expo Dubai - Rajasthan garners investment of Rs 400 Billion! Signs off in style.

18 LoIs and 24 MoU were signed in the IT, Tourism, Petroleum, Logistics and Agriculture sectors among others.

 
rajasthan week dubai expo 2020 invesment in rajasthan

Rajasthan has signed off the Expo Dubai 2020 in style, garnering an investment of Rs 400 Billion as the Rajasthan Week ended on Thursday at the Expo.

This volume of investment in Rajasthan is spead over multiple sectors, with IT, Tourism and Petroleum being the major beneficiaries. At the end of the Rajasthan Week, that ended on Thursday 18 November, the state accumulated 18 Letter of Intent and 24 Memorandums of Understanding (MoU) as per reports in UAE major daily Khaleej Times. The Arab paper reported that the investment is approximately Dh 19 Million! The other sectors that stand to benefit from these investments are logistics, e-waste recycling, energy, real estate and agriculture and food processing.

Ministers of the State for Urban Development Shanti Kumar Dhariwal; Minster of Industry Parsadi Lal Meena and Minister of State for Industry Arjun Singh Bamniya led the exercise in the presence of other top officials.

As per the information, the state government outlined its investor friendly policies like RIPS 2019, MSME Act to make the investors aware of the growth possibilities in the state. The state government of Rajasthan launched a one-stop shop to ensure ease of doing business.

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