'Rising Rajasthan' Summit Secures Rs 30 Lakh Crore In Investment Commitments; Adani And Birla Groups Among Major Investors

In a major boost to Rajasthan’s economic landscape, the state has secured investment commitments worth Rs 30 lakh crore during the Rising Rajasthan Global Investment Summit held in Jaipur. The event witnessed participation from several prominent business conglomerates, including the Adani Group and the Aditya Birla Group, signaling strong investor confidence in the state’s growth potential.

Chief Minister Bhajanlal Sharma highlighted the significance of these investments, attributing them to the state’s investor-friendly policies and proactive governance. “At this summit, MoUs of over Rs 30 lakh crore have already been signed, which is a testament to the unique and renewed trust of investors in the state. This trust has been built through our collective efforts, policies, and several important decisions,” he said at a Confederation of Indian Industry (CII) event in Jaipur.

The Adani Group, one of India’s leading business conglomerates, announced its plans to invest a staggering Rs 7.5 lakh crore in Rajasthan. Addressing the summit, Karan Adani, Managing Director of Adani Ports and Special Economic Zone, lauded Prime Minister Narendra Modi’s leadership, stating, “In just ten years under your vision, India has already mobilized and invested eight trillion dollars. Prime Minister, you represent hope, you represent aspiration, and today families across India feel empowered to dream, and the promise of a better tomorrow feels very tangible under your leadership.”

The Aditya Birla Group also revealed its robust investment roadmap for Rajasthan, committing Rs 50,000 crore across multiple sectors, including cement, renewable energy, telecom, and retail. Chairman Kumar Mangalam Birla announced that a major portion of the investment—Rs 6,000 crore—would be allocated to renewable energy projects to be executed within the next one to two years.

UltraTech Cement, the group’s cement division, plans to increase its production capacity in Rajasthan by 10 million tonnes, adding to its existing capacity of 20 million tonnes. “We are committed to scaling up our investments across our businesses,” Birla emphasised.

The group is also exploring new ventures in the state, such as establishing a manufacturing unit for its jewellery business, in line with its strategy to strengthen its operations in one of India’s key industrial hubs.