PM Modi inaugurates ‘Rising Rajasthan Global Investment Summit’ – CNBC TV18
#WATCH | Prime Minister Narendra Modi inaugurates Rising Rajasthan Global Investment Summit 2024 – which is being held from December 9 to 11, in Jaipur
(Source – DD News) pic.twitter.com/lkAD6zYAA3— ANI (@ANI) December 9, 2024
Speaking at the Jaipur Exhibition and Convention Centre (JECC), PM Modi said that every investor in the world is “excited about India.”
“The development that India has achieved through the Mantra of – Reform, Perform and Transform, can be seen in every sector,” he added.
Calling this century ‘tech and data-driven’, the Prime Minister noted that the country is showing the real power of democracy, demography and data to the world.
“India has shown how the democratisation of digital technology can benefit all sectors and sections of society. India’s UPI, DBT scheme… and many such platforms show the strength of digital infrastructure,” he said.
Highlighting the progress of Rajasthan under the BJP government, PM Modi said, “The priorities of the governments after independence was neither development nor heritage – Rajasthan has suffered a huge loss due to that. But today, our government is working on the mantra of ‘Vikas bhi, Virasat bhi’… Rajasthan is rising but also reliable. Rajasthan is receptive and also known for refining it with time… One more aspect has been added to Rajasthan’s ‘R’ factor. The people of the state have formed the BJP’s responsive and reformist government with a huge majority.”
Rajasthan is the largest state by area in India and has “unlimited potential for development and investment,” said Chief Minister Bhajan Lal Sharma.
“To fulfil the dream of Prime Minister Modi of having ‘Viksit Bharat’ by 2047, we are taking every step to double the economy of the state in five years, this Summit is an important step in this regard,” he added.
At the event, the Rajasthan Chief Minister also felicitated PM Modi.
#WATCH | Rajasthan CM Bhajanlal Sharma felicitates PM Modi at the Rising Rajasthan Global Investment Summit 2024 – which is being held from December 9 to 11, in Jaipur.
(Source – DD News) pic.twitter.com/LrQKoL0m7x— ANI (@ANI) December 9, 2024
Prime Minister Modi was also seen interacting with several artisans and craftsmen at the exhibition in Jaipur.
#WATCH | Prime Minister Narendra Modi interacts with artisans and craftsmen at an exhibition in Jaipur
PM Modi is in Jaipur to inaugurate Rising Rajasthan Global Investment Summit 2024 – which is being held from December 9 to 11, in Jaipur. Rajasthan CM Bhajanlal Sharma and… pic.twitter.com/EVkW4aQust— ANI (@ANI) December 9, 2024
#WATCH | Prime Minister Narendra Modi at an exhibition in Rising Rajasthan Global Investment Summit 2024 – which is being held from December 9 to 11, in Jaipur.
Rajasthan CM Bhajanlal Sharma and other state ministers are also present(Source – DD News) pic.twitter.com/bg4OpuZgfW
— ANI (@ANI) December 9, 2024
Anil Agarwal, founder and chairman of Vedanta Resources Limited, said, “We contribute ₹50,000 crore through National Exchequer Tax, per year – ₹10,00 crore goes to Rajasthan. We will increase that capital three times. For that, work is going on; it will generate 5 lakh employment opportunities.”
Meanwhile, Karan Adani, MD of Adani Ports and SEZ Ltd, said that the group is planning to invest more than ₹7.5 lakh crore across various sectors of the state economy, with more than 50% of this investment being made over the next five years.
“We plan to build the world’s biggest integrated green energy ecosystem involving 100 gigawatts of renewable energy, 2 million tonnes of hydrogen and 1.8 gigawatts of pump hydro storage,” he said, noting that these investments shall turn the state into an oasis of green jobs.
“Beyond energy, Rajasthan is critical to our ambition to become India’s largest cement company. We will set up four new cement plants to build an additional capacity of 6 million tonnes per annum in the state,” he added.
Rising Rajasthan Global Investment Summit 2024: Theme and schedule
The Investment Summit kickstarted on Monday and will continue till Wednesday, December 11. This year, the theme for the summit is ‘Replete, Responsible, Ready’.
A total of 12 sectoral thematic sessions have been lined up at the summit this time on varied themes like water security, sustainable mining, sustainable finance, inclusive tourism, agri-business innovations as well as women-led startups among others, read a statement from the Prime Minister’s Office.
Besides this, a total of Eight country sessions will also take place with participating countries on major themes like ‘Water Management for Livable Cities’, ‘trade & tourism’ and ‘versatility of Industries- manufacturing and beyond’.
Also, the Pravasi Rajasthani Conclave and the MSME Conclave have been scheduled for three days.
Rajasthan Global Business Expo
At the Rajasthan Global Business Expo, those attending will get to experience thematic pavilions like the Rajasthan Pavilion, Country Pavilions and Startups Pavilion among several others.
In this, more than 32 countries are participating. Among them are 16 partner countries and 20 international organisations.