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Natural Resources Rajasthan is richly endowed with natural resources, making it an attractive investment destination for extraction activities,

as well as mineral-based manufacturing such as cement, ceramics and glass. Rajasthan's natural resources include:

Oil and gas (first deposits exploited in 2009 in Barmer district) 79 kinds of minerals, including almost the entire production of zinc, calcite, asbestos and gypsum in India, and a significant share in the production of the following minerals:

Rajasthan has vast reserves of cement grade and SMS grade limestone. SMS grade limestone of Jaisalmer district is supplied to various steel plants of the country. Strategic Location and Access to Major Markets

Rajasthan's proximity to major markets in Northwestern India makes it an attractive location for investment:

The state abuts five major states (Punjab, Haryana, Uttar Pradesh, Madhya Pradesh and Gujarat) which have a combined population of 350 million and a combined GDP of US$ 155 billion during 2009-10. Rajasthan comprises 23% of the National Capital Region (NCR), the world's second largest urban agglomeration.

Rajasthan is also well connected by road and rail to the large market of Maharashtra (GDP of US$ 180.6 billion, during 2009-10), on India's West Coast. The state is also connected to international markets via the ports of Jawaharlal Nehru Port in Mumbai and Kandla Port and Mundra Port in Gujarat. The Delhi Mumbai Industrial Corridor will further enhance access to ports and the prosperous Northern and Western markets of India. Economic Transformation In recent years, Rajasthan has undergone significant economic transformation, making it a dynamic place to invest.

At current prices, Rajasthan's GDP is US$ 48.7 billion. During the 10 year period 19992000 through 2009-10, average annual GDP growth has been approximately 10.26%. The State has shown rapid growth in industries and services, which have grown at average annual rates of 6.8 % and 8% respectively. The sectoral contribution of services has increased from 42% to 50% between 2004-05 and 2009-10, as follows:

Human Resources Jaipur, the State capital has been ranked No. 1 in Talent Sourcing and Employee Costs by Hewitt Associates. Rajasthan is an attractive destination to locate, thanks to its plentiful and skilled human resources. Workforce A total of 1.3 million people are employed in the organized sector. Education Prestigious academic institutions such as BITS (Birla Institute of Technology & Science) Pilani, The Mayo College in Ajmer and Raffles University (Singapore) in Alwar are located in Rajasthan. In addition, several well known institutions are currently establishing campuses:

IIT (Indian Institute of Technology), FDDI (Footwear Design & Development Institute) and NIFT (National Institute of Fashion Technology) in Jodhpur and IIM (Indian Institute of Management) in Udaipur. Central University coming up at Ajmer.

Technical Education There are approximately 208,850 students enrolled in technical institutions. This number has grown by 39% over the past two years. There are approximately 1,309 technical institutions in the State, including:

849 ITIs (Industrial Training Institutes) 122 Engineering Colleges 136 MBA (Master of Business Administration) Institutes 38 MCA (Master of Computer Applications) Institutes 164 Polytechnic Colleges

Intake capacity at technical institutions by course is as follows: Courses ITI Engineering MBA MCA Polytechnic Total Intake Capacity (2010-11) 101,723 50,374 10,343 2,440 43,970 208,850

The following charts provide a breakdown of the increase in the number technical institutions in Rajasthan over last three years:

Higher Education

The Department of Higher Education manages the general education (non-professional) in colleges and universities. There are 1,135 colleges in the state at present. Out of these, 127 are government colleges, 15 government law colleges, 71 aided colleges, 911 private colleges, 9 institutes running under SFS (Scholarship for Service) and 3 colleges are running under PPP (Public Private Partnership) mode. There are approximately 440,260 students enrolled in these colleges. This number has almost doubled over last 10 years, showing an annual average growth rate of 7%.

DMIC Dedicated Freight Corridor (DFC) The Dedicated Freight Corridor (DFC) is 1,483 km long rail corridor connecting the Jawaharlal Nehru Port near Mumbai with Dadri near Delhi. The DFC is in planning stages and is to be constructed by 2016. 39% of the corridor will pass through Rajasthan, creating new opportunities for companies located in Rajasthan to access the large Western and Northern domestic markets, as well as international markets via ports on the western seaboard. The DFC will provide high speed, double stacked container rail connectivity that will reduce transit time, costs and increase reliability. Delhi Mumbai Industrial Corridor (DMIC)

A band of 150 km has been chosen on both the sides of the DFC to be developed as the DMIC. 46% of the total DMIC falls in Rajasthan. About 60% of the State's area falls within the project area of influence, including major districts such as Jaipur, Alwar, Kota and Bhilwara. The DMIC will provide a high quality environment with state-of-the-art infrastructure for new investors. Highlights on this new infrastructure are as follows:

Creation of a Greenfield Integrated Township in the Khushkheda-BhiwadiNeemrana area, with a Knowledge City housing universities, schools, colleges and support infrastructure, and an area for service activities such as IT/ITES and health services A greenfield international airport for passenger, cargo and MRO uses, with an integrated logistics and warehousing hub New road links and appropriate railway connectivity A dry port and logistics hub

Industrial Infrastructure Rajasthan has a broad supply of industrial infrastructure for investors. Rajasthan State Industrial and Investment Corporation (RIICO), a State government agency, has

developed 322 industrial areas in Rajasthan. These industrial areas are provided with water, power, roads, shops and telecommunication facilities. The following are some of the industrial parks/zones in Rajasthan: Agro Food Park RIICO has developed four Agro Food Parks in Kota, Jodhpur, Sriganganagar and Alwar for development of agriculture based industries with an investment of INR 614.1 million (US$ 13.6 million). An expenditure of INR 410.1 million (US$ 9.1 million) has been incurred on these parks up to December 2010. Export Promotion Industrial Parks (EPIPs) RIICO has established EPIPs at Sitapura in Jaipur, Neemrana in Alwar and Boranada in Jodhpur. The EPIP in Jaipur is the largest export park in northern India. Special Economic Zones RIICO has set up two Special Economic Zones (SEZs) in the State for:

Gems and Jewelry in Jaipur Handicrafts in Jodhpur

Currently, Govt. of Rajasthan is providing following incentives to these SEZs:

Provisions of Rajasthan Imposition of Ceiling on Agricultural Holdings Act 1973 do not apply. 100 per cent discount to developer on land conversion. Developers, co-developers and units are totally exempted from any stamp fee. 100 per cent discount on stamp duty for units set up in rented buildings in performance of rent deed. 100 per cent discount power fee for 10 years. 100 per cent discount on work contract tax to developers and units till 23rd August 2014 (for backward regions till 23rd August 2017) 100 per cent discount on entry tax for necessary capital goods for units to set up another unit. 100 per cent discount on VAT on raw material for manufacture of products. 100 per cent discount on luxury tax for 7 years. 50 per cent discount on entertainment tax for 7 years.

Mahindra World City In partnership with RIICO, Mahindra & Mahindra Group has established Mahindra World City (MWC), a multi-product SEZ in Jaipur with an area of 3,000 acres endowed with high quality infrastructure. Till date, MWC has over 25 customers, including Infosys, Wipro, Deutsche Bank, ICICI Bank, QH Talbros, Connexions, Nagarro Software and Tech Mahindra.

The IT zone in the Mahindra World City is spread over 750 acres, India's largest IT SEZ with plug-and-play facilities and robust connectivity. IT Parks in Rajasthan

Japanese Zone in Neemrana The State has developed an industrial estate in Neemrana dedicated for Japanese investors. RIICO has so far allotted 317 acre land to 23 Japanese companies in this area, out of which the following 10 companies have started commercial production and 5 companies have started construction work. A total investment of INR 23.2 billion is expected on the already allotted land and employment opportunities for approx. 4,900 persons.

Companies in Operation Nissin Brake India

Products Brakes

ACI Mitsui Prime Advanced Composites Polypropylene Compounds

TPR Auto Parts Manufacturing India Imasen Manufacturing India Daikin Air-conditioning India Dianichi Color India Toyada Goesei India Mytex Polymer India Mikuni India Nippon Express India

Cylinder Liner Slide Adjusters Air conditioning units Plastic compound Automotive Steering wheel and air bag module Polypropylene compounds Autoparts Logistics

Inland Container Depots For movement of cargo, there are Inland Container Depots at Jaipur, Jodhpur, Bhiwadi, Kota and Bhilwara. Concor (Container Corporation of India Ltd.), that already operates three of these terminals is coming up with another one near Udaipur. Auto & Auto Components Overview Rajasthan's origin as an auto manufacturing hub dates back to1982 when Ashok Leyland's truck chassis assembly plant was set up in Alwar. Today, Rajasthan is rapidly developing into a key automotive hub with Bhiwadi, Neemrana and Pathredi in Alwar district being host to over 100 automotive and auto parts manufacturing companies (existing and proposed).

Key players such as Honda Siel Cars, Ashok Leyland, Eicher, Caparo, Federal Mogul, Continental Engines, Gapai, RPSC, Nissin, Bestex, Havells, Shriram Pistons & Rings, etc. have already set up their manufacturing base in the State. Honda Motorcycle & Scooter India (HMSI) is Honda Motor's wholly owned two-wheeler manufacturing subsidiary in India. HMSI's second plant in India in located in at the Tapukara Industrial Area and has become operational from July 2011 with annual production capacity of 0.6 million units. HMSI aims to double the annual production capacity of this plant to 1.2 million units in March 2012. Nippon Pipe India Private Limited, part the Japan-based Nippon group, is setting up an INR 1.9 billion steel tube components project for the automobile industry in the Japanese zone at Majrakath, Neemrana. Auto Clusters: Promising auto cluster of Bhiwadi

Bhiwadi region spread over approx. 5300 acres comprises of 3 industrial areas Bhiwadi, Chopanki and Khushkera.

Bhiwadi has emerged as a promising automotive cluster in Rajasthan, with the setting up of Honda Siel Cars India Ltd. factory and the manufacturing facility of Honda Motorcycle and Scooter India (HMSI). In close proximity to the manufacturing cluster of NCR allowing easy access to key auto manufacturers/OEMs/component manufacturers and existing large talent pool base. Located just 55 km away from the Indira Gandhi International Airport, New Delhi; 200 km from State Capital Jaipur; 90 km from Alwar; 40 km from Gurgaon and only 5 km from NH-8 (Delhi-Jaipur highway). In Bhiwadi, a special Auto & Engineering Zone has also been developed in the Pathredi Industrial Area and another special zone is being planned. To address availability of trained manpower, particularly for Shop-floor Operations, a Tool Room & Training Centre is being planned over 10 acres. BMA (Bhiwadi Manufacturing Association) is the representative body of all the Industrial Units located in Bhiwadi, Chopanki, Khushkhera, etc.

Neemrana: a dedicated Japanese Park in India

RIICO has signed a MoU with JETRO (Japan External Trade Organization) whereby several Japanese companies shall set up their industrial units at Neemrana Industrial Area, in Alwar district. The region is equidistant from Delhi and Jaipur and will also be a part of the proposed Delhi Mumbai Industrial Corridor (DMIC), making it a strategic location for these companies. RIICO has so far allotted 303 acres of land to 22 Japanese companies in this area.

Several multinational companies such as Nissin, Mitsui, Nippon, Disking, Mitsubishi & Dykie colour have got land allotted in this industrial area for establishing their units and some are already operational. An investment of around INR 21.5 billion is expected on the already allotted land creating employment opportunities for over 3000 people.

Why Locate in Rajasthan Market Attractiveness - Easy access to one of the key auto cluster Strategic location of Rajasthan in India allows accessibility to both western and northern automotive markets, which together account for over 57 per cent of total automobile sales in the country. India's 60 per cent of passenger car production, 55 per cent of motor cycle production and 25 per cent of tractor production is concentrated in the National Capital Region (NCR) which is located within a radius of 200 km from District Alwar, the automotive capital region of Rajasthan. Close proximity to the NCR region also allows for easy access to the existing auto component supplier network and logistics facilities there.

Land and Infrastructure- Easy power & land availability at low cost Rajasthan's competitive advantage lies in its power availability, relatively low energy & land cost and availability of large contiguous land parcels which is generally a prerequisite for any automotive OEM (Original Equipment Manufacturer) to set up base. A readily available Land Bank system is in place. Also, continuous new acquisition of land is underway for development of industry clusters by RIICO. Human Resources - Skilled manpower at relatively low cost The State has a comparative advantage on labour cost compared to its peer states (~2030% lower). Proximity to NCR helps in access to industrial labour and managerial talent. There are approximately 1,300 technical institutions in the State with intake capacity of 210,000. Total intake capacity of engineering, polytechnics and ITIs in Alwar district is 2930. The table below provides human resource availability in Alwar district: Type of Institute Engineering Colleges Polytechnic Colleges ITIs Annual Intake 1620 290 1020

Industry strength - Strong industrial base The auto industry in Rajasthan is present across the entire industry value chain. The auto ancillary segment in the State has seen more investments as compared to other major states. Rajasthan has become a prominent base for auto manufacturing with the establishment of a growing auto cluster in Alwar district and Honda's facility at Bhiwadi.

Policies Rajasthan Investment Promotion Scheme (RIPS) 2010: The Government has recently announced RIPS 2010 for setting up of new enterprise, enterprises going for expansion, modernization and diversification, and projects set-up for common social good. All kinds of investments are eligible under this scheme. The new scheme also simplifies the procedure for grant and disbursement of subsidy, and introduces transparency in system, by introducing the system of online disbursement of subsidy. Subsidies

Investment subsidy and Employment generation subsidy have been introduced. The maximum amount of subsidy shall be 50% of the tax deposited, i.e. VAT and CST or SGST (whenever introduced).

RIPS 2010 provides investment subsidy to all eligible investors of an amount equal to 30% of the tax deposited, without any linkage with payment of interest and wages. Employment generation subsidy has been announced @ 10,000 per employee/annum. For women, SC/ST and persons with disability this amount has been enhanced to 12,000 per employee/annum. For entrepreneurs belonging to Women, SC/ST, or person with disability category, an additional investment subsidy amounting to 10% of the taxes deposited has been kept. These subsidies have been announced for 7 years, but to give boost to the MSMEs in the notified area, time limit has been extended to 10 years. Procedure for subsidy disbursement has been simplified by introducing a Challan for Adjustment through Treasury (Form VAT-37B).

Exemption from Taxes The RIPS 2010 scheme announces exemption from payment of various taxes under the following categories of investment: 1. New Enterprise and Project for Common Social Good 2. Investment made for Modernization/Expansion/Diversification 3. Sick Industrial Enterprise for its revival The type, extent and period of exemption are as follows:

In case of Enterprises going for modernization/expansion/diversification, the exemption from payment of tax(es) shall be allowed only to the extent to which additional tax liabilities accrue due to utilization of additional capacity created after modernization/expansion/diversification. Key Players

Recent Developments

Honda Motor's wholly owned two-wheeler manufacturing subsidiary in India, Honda Motorcycle & Scooter India (HMSI), is building its second motorcycle production plant in the country in Rajasthan with an annual production capacity of six lakh units. Honda Motorcycles & Scooters has plans to make investment of

INR 5 billion in its facility at Tapukara, Alwar and which could go up to INR 11 billion Honda Siel Car India had an initial investment plan of INR 10 billion. Total investment till date is INR 11 billion and may go up to INR 20 billion Nippon Pipe India Private Limited, part of the Japan-based Nippon group, is setting up an INR 1.9 billion steel tube components project for the automobile industry in the Japanese zone at Majrakath, Neemrana.

Market Overview Rajasthan, with its diverse agro-climatic conditions is richly endowed in the cultivation of a variety of crops.

Rajasthan is the Second largest Producer (17.71%) of Oil Seeds Largest Producer of rape seed and Mustard (44.61%) Third largest Producer of Soyabean (9.18%) Third largest of coarse creeds (11.65%) Largest Producer of Bajra (31.28%) Second largest in spices (10.89%)

Mineral Based
Market Overview

Rajasthan is a mineral rich state and blessed with 79 varieties of minerals, of which 58 are being commercially exploited. State has virtual monopoly in the production of major minerals like Wollastonite, LeadZinc, Calcite, Gypsum, Rock phosphate, Ochre, Silver and minor minerals like Marble, Sandstone and Serpentine (Green Marble) etc., which contribute almost 90% to 100% of national production. Huge reserves of Lignite (4986 million tonnes), Crude oil (480 million tonnes), Heavy oil (14.60 million tonnes), Bitumen (33.20 million tonnes), Lean gas (11790 million cubic meters) and High quality gas (3000 million cubic meters) further adds to its mineral strength. The State contributes significantly in the national production of Lead and Zinc (100%) and Copper (47.76%). Mining is not only a major source of employment in rural and tribal areas of the State, but also a major source of revenue and plays an important role in the development of the State. Key Products/Products:

Petroleum & Gas Limestone (Cement Grade) Limestone (SMS Grade)

Base Metals and Noble Metals: Lead-Zinc, Copper, Silver and Gold, Iron and Manganese Quartz and Feldspar (Ceramic Minerals) Fertilizer Minerals: Gypsum, Rock Phosphate, Potash Quartz and Feldspar (Ceramic Minerals) Precious and Semi Precious Stones Dimensional Stones: Marble, Granite, Sandstone, Kota Stone (Lime Stone Splittable), Masonary Stone Ceramic & Glass Zone Proposed at Ghilot, Alwar Gas Grid and City Gas Distribution Projects Supply Chain and Marketing Network of Petroleum Products Feed-stock for Thermal power plants Fertilizer, Petro-chemical Hub Refinery and fuel for Automotives and Industries Lignite based, Atomic and Hydel power plants Value-added development of precious and semi-precious stones

Key Segments/Segments:

Ceramic & Glass Zone Proposed at Ghilot, Alwar Gas Grid and City Gas Distribution Projects Supply Chain and Marketing Network of Petroleum Products Feed-stock for Thermal power plants Fertilizer, Petro-chemical Hub Refinery and fuel for Automotives and Industries Lignite based, Atomic and Hydel power plants Value-added development of precious and semi-precious stones

Opportunities Looking to the availability of Minerals in the State, there is tremendous scope for setting up of new mineral based industries. Various minerals mined in Rajasthan are being sent to other states in raw form. The State is therefore, deprived of the value addition in minerals as well as employment avenues to rural and backward classes. The endeavor therefore would be to encourage the establishment of mineral based industries in the State. Some of the industries which may come up in the state are given below: S.No. 1. 2. 3. 4. Mineral/ Industries Metal Copper Wire drawing and Foundry Lead White lead & Chrome lead, Storage batteries Zinc Zinc Oxide, Zinc Sulphate Cement grade Cement Limestone

5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20.

Chemical Calcium ammonium nitrate, Calcium carbide, Precipitated calcium grade carbonate, Hydrated lime Limestone Rock Single super phosphate, Triple super phosphate, Di ammonium Phosphate phosphate, Phosphoric acid China Ceramics Clay Ball Clay Ceramics Fire clay Refractories Calcite Glazed Tiles Quartz Boilers & Glass lumps and Fluorescent tubes and Silica Bentonite & Fullers Pulverising units, Earth activation units Earth Soapstone Insecticides, Cosmetics, Micronizing units Gypsum Plaster of Paris, Gypsum Board Fluorspar Cryolite, Hydro fluoric acid Garnet Abrasive, Cutting & Polishing Lignite Briquetting, Liquid lignite, Power plants Potash Murates of Potash Granite Processing units Marble Processing units

Advantages / Strengths

PETROLEUM & GAS: The Crude Oil & Natural gas resources tapped during 1999-2008 in Barmer-Sanchore Basin and high quality Gas discovery in Jaisalmer Basin have put Rajasthan on the Oil Map of the World. Policy of Liberalization was announced in 1991 by Government of India and accordingly Petroleum Sector was opened up for private participation. LIGNITE: Rajasthan has about 4986 million tones deposits of lignite out of 37,460 million tones of proven reserves in the country. The State shares 13% of the country's total resource and is ranked second. Varied opportunities exist in UCG, CBM and Lignite vis-vis oil exploitation and power generation. LIMESTONE (CEMENT GRADE): Limestone produced in the state is used in cement manufacturing, in chemical industries and for lime burning. SMS grade lime stone is also produced in the State which is used in the steel plants. Limestone is available in almost all parts of the State. LIMESTONE (SMS GRADE): 900 million tonnes of SMS grade limestone and high grade limestone reserves have been proved in parts of Jaisalamer, Nagaur, Jodhpur and Pali districts. SMS grade limestone is used as flux in steel plants. It co-exists with cement grade and chemical grade.


LEAD-ZINC, COPPER: The State contributes significantly in the national production of Lead and Zinc (100%) and Copper (47.76%). The important Copper deposits are located at Khetri in North Delhi Fold Belt, which is a 80 km. long belt. The South Delhi Fold Belt, which includes Aguchua (Bhilwara), Rajpura Dariba (Rajsamand) and Zawar (Udaipur), is known for Lead and Zinc deposits. Besides, Deri-Basantgarh in Sirohi district, Srinagar in Ajmer district, Kho-Dariba in Alwar district and Khan-Khera in Bharatpur district are other important known base metal deposits. SILVER AND GOLD: Gold deposits are found in Banswara and Dausa districts. Silver accounts for 80.84% of the total country's reserves and is recovered during the smelting process of base metals. IRON AND MANGNESE: Allotment of prospecting/mining lease for Iron and Manganese will be given to the agency which makes a firm commitment to set up a steel plant in Rajasthan. QUARTZ AND FELDSPAR (CERAMIC MINERALS): Quartz and Feldspar deposits are found mainly in more than 200 km long belt extending from Rajsamand in Southwest to Tonk in Northeast through Bhilwara and Ajmer. They are also found extensively in the districts of Jaipur, Sikar, Jhunjhunu, Udaipur, Pali and Sirohi. Rajasthan is the main producer of Quartz and Feldspar along with other ceramic minerals like Clays and Wollastonite. There is huge potential for setting up of ceramic units, specially the vitrified ceramic tiles, which are in increasing demand presently.


GYPSUM: Gypsum deposits are available in the western part of the state which account for 81.39% of total country's reserves. State is the principal producer of Gypsum, accounting for 98.81% of the total country's production. Cement and fertilizers are the two major industries in which Gypsum finds its use. Apart from this it is also used in manufacturing of plaster of paris, partition blocks, sheets and tiles, insulation board, pharmaceuticals, textiles, paint, paper etc. ROCK PHOSPHATE: The state accounts for about 94.08% of the country's total production of Rock Phosphate. Its important deposits are located at Jhamar-Kotra, Kanpur, Bargaun, Dakan-Kotra etc., in Udaipur district and Birmania in Jaisalmer district. POTASH: Geological Survey of India (GSI) has identified the deep seated vast reserves of Potash mineralization in Nagaur-Ganganagar basin of Rajasthan, over an area of 30,000 sq km. Since there is no commercial production of Potash in the country, India meets its entire requirement through import. Thus there exists huge investment opportunities for Potash exploration and mining in the State. PRECIOUS AND SEMI PRECIOUS STONES: Rajasthan is a store house of many precious and semi precious stones. The most important are Emerald, Aquamarine, Heliodor, Corundum, Diamond, Epidote, Topaz, Tourmaline, Amethyst crystal Quartz, Garnet and green & blue Quartzite.

DIMENSIONAL STONES: The State is well known for its richness and varieties of dimensional and decorative stones such as Marble, Granite, Sandstone, Kota stone (Limestone splittable), Slate/Schist stone etc. The white marble of Makrana and Rajsamand, pink Marble of Udaipur and Banswara, green Marble of Udaipur and Dungarpur, yellow Marble of Jaisalmer, pink Granite of Jalore, cherry red Granite of Jaisalmer, greenish-grey Granite of Barmer, red and buff coloured Sandstone of Jodhpur, Bharatpur, Dholpur, red and grey Sandstone of Bundi and Bijolia (Bhilwara), flaggy Limestone of Kota, Nimbahera and Chittorgarh, have earned international repute. Besides Makrana and Rajsamand, sizeable resources of different kinds of Marble are found in Sirohi, Banswara, Ajmer, Chittorgarh, Dungarpur, Jaipur, Jodhpur and Alwar districts. There is a good export market of dimensional and decorative stones all over the world especially of the green Marble, wood textured Marble of Churu, Sandstone, Slatestone, Kota stone and Granite produced from Rajasthan. MARBLE: Marble reserves of different varieties to the tune of 1122 million tones are proved and available in various parts of the State. State accounts for more than 90% of national production of Marble. GRANITE: Granite reserves of different varieties to the tune of 8525 million tones which accounts for 22.77% of National Resources are proved and available mostly in the western part of the State. SANDSTONE: Huge deposits of Sandstone in Rajasthan are exposed over an area of nearly 35,000 sq km, covering districts of Dholpur, Bharatpur, Karauli, Sawai Madhopur, Tonk, Bundi, Jhalawar, Kota, Bhilwara, Jodhpur, Naguar, Churu, Bikaner and Chittaurgarh. Sandstone finds its use in roofing, flooring and cladding in rural as well as in urban areas. It is also exported to various countries in huge quantities for multiple uses. KOTA STONE (LIME STONE SPLITTABLE): The State is endowed richly with the occurrence of Kota Stone (Limestone splittable) of greenish-grey colour. It has gained tremendous popularity worldwide and widely used for flooring and cladding purposes. It is available in Ramganjmandi area of Kota and Jhalawar district. MASONARY STONE: Masonary stone is widely used in construction activities as main raw material. . It is available in almost all the parts of the State. Masonary stone contributes about 40% of total minor mineral leases granted in the state. Most of the lessees are from rural areas.

Establishment of Refinery-cum-Petrochemical Complex in Barmer, India Jaipur: The HPCL-Rajasthan Refinery Limited, a joint venture company formed on 11th July, will be the most advanced refinery in the country. Hindustan Petroleum Corporation is aiming to complete the project by the end of 2017, with the foundation stone-laying ceremony likely to take place in August/September. UPA Chairperson, Ms Sonia Gandhi is expected to lay the foundation stone.

The refinery will have ultra modern technology brought from the Universal Oil Product (UOP) of United States. The state-of-the-art refinery cum petrochemical complex will have the capacity to break the smallest molecule of hydrocarbons that can later be used for manufacturing of several products like plastic, tyres, dyes, etc. Worlds Largest Solar Park in Rajasthan State Government of Rajasthan on 21st August, 2013 has laid the foundation stone for world's biggest solar park at Bhadla of Jodhpur District, Rajasthan. The upcoming Solar Park will be a major step in building Rajasthan as a global hub of solar power with 10000-12000 MW capacity over the next 10 to 12 years. Economy Rajasthan's economy is primarily agricultural and pastoral. Wheat and barley are cultivated over large areas, as are pulses, sugarcane, and oilseeds. Cotton and tobacco are the state's cash crops. Rajasthan is among the largest producers of edible oils in India and the second largest producer of oilseeds. Rajasthan is also the biggest wool-producing state in India and the main opium producer and consumer. There are mainly two crop seasons. The water for irrigation comes from wells and tanks. The Indira Gandhi Canal irrigates northwestern Rajasthan. The main industries are mineral based, agriculture based, and textiles. Rajasthan is the second largest producer of polyester fibre in India. The Pali and Bhilwara District produces more cloth than Bhiwandi, Maharashtra and the bhilwara is the largest city in suitings production and export and Pali is largest city in cotton and polyster in blouse pes and rubia production and export. Several prominent chemical and engineering companies are located in the city of Kota, in southern Rajasthan. Rajasthan is pre-eminent in quarrying and mining in India. The TajMahal was built from the white marble which was mined from a town called Makrana. The state is the second largest source of cement in India. It has rich salt deposits at Sambhar, copper mines at Khetri, Jhunjhunu and zinc mines at Dariba, Zawar mines at Zawarmala for zinc, RampuraAghucha (opencast) near Bhilwara. Crude OilRajasthan is presently earning rupees 15 crore per day as revenue from crude oil sector. This earning is expected to reach Rupees 25 Crore per day in 2013 ( increase of 10 Crore or more than 66 percent). Rajasthan's Investment Environment The Government of Rajasthan believes that private enterprise can play an important role in the socio-economic development of the State and in the creation of jobs for people. It is taking major steps towards improving the business climate and encouraging private

investment in various sectors. A comprehensive Industrial and Investment Promotion Policy was launched by the Government in 2010. This addresses a wide range of issues such as infrastructure development, ease of investing, human resources development and land availability. The State Government also introduced a statutory Single Window System (SWS) and an online electronic clearance mechanism for time bound approvals for investment approvals. Rapid Growth in Industries and Services Sector The State has shown rapid growth in the Industries and Services sector over the last 10 years. These sectors have grown at an average growth rate of 6.8% and 8% respectively at constant prices. The sectoral contribution of the services sector in GSDP (at constant prices) has increased from 42% to 50% between 2004-05 and 2009-10.
Rajasthan has the eighth largest economy with a Net State Domestic Product (NSDP) of over US$ 11.5 billion. Over the last ten years from 1994 to 2003, the state of Rajasthan underwent growth at a Compounded Average Growth Rate (CAGR) of 6% increasing from US$ 6.4 billion to US$ 11.5 billion.In the years 1995-96 and 2001-02, the industrial sector of the state underwent a growth rate of 6.9% per annum. The growth rate of the service sector was 7.4 %.

Special Economic Zones Rajasthan's location, with proximity to the Delhi International Airport and ports of the western coast, makes it an ideal location for export-oriented industrial development on a large scale. 40% of the proposed Delhi-Mumbai freight corridor will pass through Rajasthan throwing up enormous possibilities for development of industrial belts such as special economic zones along the corridor. The prime objective of the Government is to develop specially delineated economic zones to provide enabling infrastructure and a hassle-free environment to promote exports from the State. Special emphasis is laid on development of product specific Special Economic Zones to harness inherent potential of the State in the fields of Gems & Jewellery, Handicrafts, Woollen Carpets, etc. Six SEZs with an expected investment of `165.15 billion have already notified. These are: Mahindra World City (Jaipur) Ltd., Jaipur Somani Worsted Ltd., Khushkeda, Bhiwadi, Alwar Genpact Infrastructure (Jaipur) Pvt. Ltd., Jaipur Vatika Jaipur SEZ Developers Ltd., Jaipur Mansarovar Industrial Development Corporation, Jodhpur RNB Infrastructure Private Limited, Bikaner (270 crore)