KOCHI:
Rajasthan State Industrial Development and Investment Corporation (RIICO) has organized an Investor’s Meet in Kochi for investors who want to invest in Rajasthan and those who want to expand their business outside Kerala.
A number of concessions and benefits have been announced for investors. About 200 entrepreneurs participated in the Investor Meet held in Kochi. Investor meet was conducted inorder to introduce the new Investment Policy and Solar Policy of the Government of Rajasthan.
RIICO Additional General Manager Vijay Gupta and Senior DGM Kulveer Singh said that those who invest in Rajasthan will get a discount on stamp duty, excise duty and electricity duty. Investors get a 100 per cent discount on land tax for seven years. There are currently 38 industrial centers with all the basic amenities. In addition, 35 new industrial centers will soon be opened. Vijaygupta said the company has introduced a single window for investors who are starting their business through the Investor Meet and will get many benefits and discounts.
Representatives of RIICO said the biggest benefit to investing in Rajasthan was that there were no labour issues. Rajasthan is the only state with 2 skilled universities, they said. RIICO representatives have pledged to launch a Sports and Toys Goods Cluster at the suggestion of those interested in investing from Kerala. Representatives of FICCI, Chamber of Commerce and trade organizations also participated in the Investor Meet. FICCI Kerala State Council Head Savio Mathew, Co-Chairman Deepak Aswani, N.L Bitel, Ashok Aggarwal, Narendra Singhal, C.G. Rajagopal spoke on the occasion.
