By IANS
Jaipur : Rajasthan expects to attract investments of at least Rs.400 billion ($10 billion) in the two-day Resurgent Rajasthan Summit to be held here on Nov 30 and Dec 1.
Disclosing this at a press conference here Wednesday, Rajasthan Chief Secretary D.C. Samant said: “Chief Minister Vasundhara Raje had given us a target of Rs.400 billion in investments and we are hopeful of even crossing it.”
The Federation of Indian Chambers of Commerce and Industry (Ficci) is partnering the state government in the summit.
“The state government would be signing memorandums of understanding (MOUs) with investors on their proposals, with a definite roadmap to implementation and the support the government would offer,” he added.
In addition, some letters of intents are also expected to be signed with investors on their new proposals, he said, adding that the government expects private investments in infrastructure, social, industrial and other sectors.
Rajasthan’s Chief Minister Vasundhara Raje would inaugurate the summit, which will be attended by over 700 delegates.
K.V. Kamath, managing director and CEO of ICICI Bank, would deliver the keynote address.
This would be followed by a session on investment opportunities in Rajasthan, in which a panel of eminent industrialists, investors and experts would share their views on the investment environment in the state.
Anil Agarwal, chairman, Vedanta Resources Plc, M. Takedagawa, president, Honda SIEL Cars India Ltd, Jyotsana Suri, chairperson, Bharat Hotels, Shivender Mohan Singh, managing director, Fortis Health Care, and Ravi Parthsarthy, chairman, Infrastructure Leasing and Financial Services Ltd, would be on the panel.