Rajasthan Sees Rs 150 bn Investment Momentum

Among the headline projects, UltraTech Cement has commissioned a plant valued at Rs 22.3 bn while Hindustan Copper is close to completing a Rs 10 bn capacity expansion at Khetri. Indian Oil is advancing a Rs 36 bn crude oil pipeline from Mundra that is in its final phase. Several other mining sector undertakings with investments exceeding Rs one bn have either commenced operations or are progressing rapidly across the state.

During a review of Rising Rajasthan proposals at the secretariat, the Additional Chief Secretary reported that projects worth Rs 65 bn are in the final stages of completion and that officials have been directed to maintain close coordination with investors. The administration said Memorandums of Understanding signed at the event encompass crude oil and natural gas exploration, development of PNG and CNG infrastructure, cement manufacturing, copper production and the mining of major and minor minerals.

Authorities indicated that the timely execution of the projects is expected to generate employment, strengthen the mining and petroleum sectors and enhance state revenues. Nodal and departmental officers presented status reports and detailed updates on progress, and senior officials were instructed to facilitate clearances and support to ensure deadlines are met. The state administration signalled continued focus on attracting industrial investment to sustain momentum and foster wider economic development.