In a major boost to employment generation, the state cabinet on Tuesday cleared seven investment projects worth around Rs 4,000 crore. The projects, approved in wake of Resurgent Rajasthan Summit-2015, are expected to generate more than 16,000 jobs across the state, parliamentary affairs minister Rajendra Singh Rathore on Tuesday said.
Talking to reporters after the meeting, Rathore said: “The companies investing in the projects are required to give priority to local people during recruitment.” He said the state industries department would monitor employment generation and progress of the projects, adding that investment projects would be given benefits of customised package under Rajasthan investment promotion scheme 2014.
An amiable environment of investment has been generated in the state and it would continue till the Resurgent Rajasthan Summit, which aims at attracting investment in the state, Rathore told reporters.
The minister informed reporters that Daikin Air-conditioning India Private Limited would invest Rs 500 crore on a project at the Japanese zone in Neemrana industrial area. “The project is expected to generate 500 jobs.” Rathore said.
He further informed that Perto SA Perifericos Para Automacao, manufacturing Automated Teller Machine (ATM) and Cash Deposit Machine (CDM), would invest Rs 144 crore in a project that would come up at SEZ Mahindra World City. The project is expected to generate employment for 450 people. “The Nitin Spinners Limited would invest Rs 286 crore in a spinning project at Hamirgarh in Bhilwara district which is expected to generate 675 jobs, the parliamentary affairs minister said.
The cabinet also approved a project of Bhoomika Enterprises to establish 250-room luxury hotel and a convention centre at a cost of Rs411 crore at Sukher RIICO industrial area in Udaipur, which is likely to provide jobs to more than 500 people, he said.
The Jindal Saw limited, which has operations in Bhilwara, would further invest Rs 150 crore in a project of iron ore, sponge iron and steel manufacturing in Bhilwara. Rathore said the project is expected to generate 500 jobs.
2 electronic gadget making projects
Rajendra Singh Rathore said the cabinet approved two projects of electronic gadget manufacturing worth Rs 2,150 crore, which would come at Karoli industrial area in Bhiwadi.
In one project, Intex group would undertake Geo-Tech Enterprises Company Private Limited and invest Rs 1,000 crore which would generate 7,500 jobs.
In the second project, Micromax Group’s company Bhagwati Products Limited would invest Rs 500 crore leading to generation of 6,000 jobs.
The companies would manufacture mobile phones, LED TVs and related products.