INDIAN STATE : RAJASTHAN

Investment And Industrial Policies

Investment Policy (2003)

With a view to provide investors an attractive opportunity to invest in Rajasthan, "The Rajasthan Investment Promotion Scheme" came into being on 1st July 2003 and will remain in effect till 31st March 2008.

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Information Technology Policy (2000)

Rajasthan is one of the front-runner states in the use of IT in government. It is the intention of the state government to consolidate its efforts and to focus its energies to leverage the benefits of IT for the benefit of its people. To attain this objective, a comprehensive "IT policy of Rajasthan" has been prepared by the state.

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Special Economic Zone Policy

The prime objective of the Government is to develop specially delineated economic zones conforming to the guidelines of the Government of India to provide enabling infrastructure and a hassle free environment to promote exports from the State. Special emphasis will be laid on development of product specific Special Economic Zones to harness inherent potential of the State in the fields of Gems & Jewellery, Handicrafts, Woolen Carpets etc. which would result in increase in exports of these commodities with high value addition.

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Biotechnology Policy

Rajasthan is very rich in Bio resources. The State provides tremendous bio diversity, rarely to be found in any other State. Agricultural and Forest produce have been the main source of the state economy for quite some time now. It is, therefore, necessary to lay more stress on this sector. Biotech application such as transgenic crops can significantly benefit this sector. The State is a leading producer of mustard, rapeseed, soyabean, barley, maize, wheat, cotton, groundnut, milk, etc. Fruits and vegetables, such as Potato, Tomato and Onion are also available in abundance. There is vast scope of quality improvement of cotton. In addition, there are various varieties of exotic Indian spices in the State. Thus, integrated horticulture development would improve the availability of raw material for food processing industries in the State.

Rajasthan is very rich in cattle breed also. Improved species of camel, sheep, rathi cows, nagouri bullocks etc hold great promise of research and development in biogenetics. State has highest livestock population and there is good potential in animal husbandry and genetic engineering. Thus Rajasthan has great potential to create immense industrial activity in Biotechnology and modern Biotech products involving recombinant DNA based products and Bio Informatics. In line with the developed world, the Government would make all efforts to focus on modern processes in the area of agriculture industry, floriculture, human and animal health care (medical and veterinary science) and environment to provide good commercial opportunities in the field of Biotechnology.

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Leading Business Locations

Bio-Tech Parks

• Bio Tech Park at Sitapura, Jaipur

  RIICO has developed Biotech Park in an area of about 30 acres at Sitapura, Jaipur. The park is located on Jaipur- Kota National Highway, just 4 kilometer from the airport and about 15 kilometer from the city. Good quality infrastructure such as earth station, power, telecom, roads, educational institutions, water supply, etc. are available in the park.

• Bio- Tech Park at Boranada, Jodhpur

  RIICO has developed another biotech park in an area of about 30 acres at Boranada near Jodhpur. The park is located about 15 kilometers from the city. Good quality infrastructure is available in the park.

• Bio Tech Park at Chopanki

  RIICO has developed Biotech Park in an area of about 45 acres at Bhiwadi.

• The state government will also encourage development of Bio Technology Parks in private sector. State Government would consider extending concessions to such biotechnology parks on a case-to-case basis.

Prominent Industrial Areas of Rajasthan State Industrial Development and Investment Corporation Limited

For sectoral development of the industries in the state, following cluster industries and the locations have been identified