Other States - Rajasthan   

Industries turn to Rajasthan for investment

Special Correspondent

A business promotion camp of Rajasthan Financial Corporation in New Delhi a big hit

JAIPUR: A large number of industrial establishments, including several multinational companies, evinced a keen interest in making investments in Rajasthan at a business promotion camp of Rajasthan Financial Corporation (RFC) in New Delhi on Wednesday.

Deliberations on projects worth Rs. 300 crores were held at the camp and loans of Rs. 10 crores were sanctioned on the spot.

The Chairman and Managing Director of RFC, Karni Singh Rathore, held discussions on industrial and trade-related projects with about 150 entrepreneurs in the camp.

The units proposed to be established in the industrial areas of the State were those of food processing, electronic items, steel tubes and packaging items.

Mr. Rathore said while several entrepreneurs were keen on purchasing the units acquired by RFC, several others affected by the Supreme Court's verdict for shifting their units out of the national Capital gave priority to Rajasthan and enquired about the scope of establishing industries in the State.

The units getting assistance from RFC evinced interest in the scheme for one-time settlement of loan repayment.

Besides, the entrepreneurs were informed of the special assistance offered in various industrial areas.

The representatives of multinational giant, Microtech, discussed the scope for investment in real estate and inverter industry in the State.

Other industrial spheres focused in the camp included automobiles, television production, printing ink and bio-technology.

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