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Rajasthan has become the top choice for foreign and domestic investors due to the well coordinated, aggressive and planned efforts of the state government, Industries Minister Rajpal Singh Shekhawat said on Thursday.
More than half a dozen multinational companies have marked their presence in Rajasthan in the past few years, which speaks volumes about the state's untiring efforts to bring in investment, he added.
Companies like Saint Gobain, Hero Motor Corp, JCB, Honda Chorus, RSWM Ltd have set up plants in Rajasthan while a second Japan zone is being developed in Ghiloth following a request from the Japanese government, the Minister told the media here on the occasion of the completion of four years of the Bharatiya Janata Party government in the desert state.
Ceramic parks in Nimrana and Singhania in Ajmer district are also being developed, he said.
The state has registered 60 per cent success rate in converting investment proposals into reality, Shekhawat added.
Under the 'Resurgent Rajasthan' initiative, the state has earned the top position in attracting investments. Even in 'Ease of Doing Business', Rajasthan stood among the top states, he said.
Talking of other achievements of the state government, he said 25 new industrial zones have been set up in the state in four years.
"Rajasthan is one of the few states to create big land banks in industrial zone in the state."
He said the development of a green field electronic manufacturing cluster in the Salarpur industrial area in Alwar was another achievement.
"There has been a massive increase in registrations of small, micro, and medium industries in the state that has made untiring efforts to take the textile industry to new heights," Shekhawat added.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)