Rajasthan signs MoU worth Rs 35 Lcr at Global Summit

Jaipur

Rajasthan has signed a memorandum of understanding (MoU) worth over Rs 35 lakh crore during the Rising Rajasthan Global Summit 2024, Chief Minister Bhajanlal Sharma announced on the final day of the summit.

The CM revealed that the government would present a detailed report on the progress of projects linked to these MoUs on December 11, 2025, marking the one-year anniversary of the summit. This initiative is part of Rajasthan’s efforts to position itself as a major industrial and business hub.

Sharma emphasized the summit's significance in boosting Rajasthan's business environment, stating that the signed MoUs would be executed rigorously to drive the state’s development. "This summit marks a new chapter in the state's growth, helping Rajasthan move forward rapidly on the path of progress," he said.

The state is set to enhance its infrastructure with projects like 53,000 kilometers of roads, nine greenfield motorways, and a growing startup ecosystem, aiming to transform Rajasthan into an economic powerhouse within the next four years.

The Rising Rajasthan Global Summit, which took place from December 9-11 in Jaipur, attracted major industrialists such as Mukesh Ambani, Anil Agarwal, Anand Mahindra, and Karan Adani. Notably, Adani unveiled a Rs 7.5 lakh crore investment plan for the state, while Agarwal committed Rs 1 lakh crore to increase zinc and oil production.

This summit has set the stage for significant investments and growth in Rajasthan’s economy.