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R'sthan attracts huge investments, emerging as business hub of country
TIWN
R'sthan attracts huge investments, emerging as business hub of country
PHOTO : TIWN

Jaipur, Oct 9 (TIWN) It's raining investments in Rajasthan which is sure to turn the desert state into a business hub of the nation.

Top industrialists of the country were in Jaipur recently during the Invest Rajasthan summit which paved the way for the state to emerge as a leader in the renewable energy segment, cement manufacturing, sports, fintech and much more.

Gautam Adani, chairman of the Adani group, shared how the state should get the credit for accommodating the world's largest wind-solar hybrid power plant.

He said, "just a week ago we achieved commercial operation of the world's largest wind-solar hybrid power plant, and it is here, in Rajasthan."

He highlighted the state's contribution in making Adani the second largest cement manufacturer in India. "Following our acquisition of Ambuja Cements and ACC, we are now the second largest cement manufacturer in India. We anticipate investing another Rs 7,000 crore to double our cement manufacturing capacity in the state," he said.

Dr Praveer Sinha, CEO & MD, Tata Power, said, "Rajasthan has today emerged as a role model to produce green energy through solar power. We are fully poised to make Rajasthan future ready and realise its full potential and emerge as a Green Power House of the country."

The company said it plans to develop upto 8000 MW of utility scale projects, 1000 MW of solar rooftop and 1,50,000 solar pumps in the next five years in the state.

Adani praised Chief Minister Ashok Gehlot and said, "In the economic domain, your vision has laid the foundation to turn Rajasthan into our nation's solar energy leader. It is fascinating to see you repurpose - what many call the inhospitable Thar desert - into one of the global capitals of renewable power."

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