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7 projects worth Rs3,981 crore cleared by Rajasthan cabinet

By Niranjan Mudholkar,

Added 08 July 2015

For manufacture of mobile phones, sponge iron steel, cotton yarn, ATM Machines

It is to be noted that Daikin already has an existing plant in Neemrana in which they have an investment of more than Rs750 crore and are employing 1,200 persons.

Nitin Spinners Limited, located at Hamirgarh in Bhilwara, which is the leading manufacturer of cotton yarn in Rajasthan will be expanding its project at a cost of Rs286 crore. It will provide an employment to 675 persons. Apart from cotton yarn it will also manufacture cotton knitted fabrics, he added.  

Lastly, he said that at the Mahindra World City in Jaipur, Perto India Private Ltd. will be manufacturing Automatic Teller Machines (ATM) and Cash Dispenser Machines (CDM). It will be setup at a cost of Rs144 crore and will provide employment to 463 persons. Similarly, Bhumika Enterprises will be setting up a 250 room Hotel and a Convention Center at the Sukher Industrial Area in Udaipur. It will be a Mega Highway Facility with large banqueting and convention spaces.  The project will be set up at a cost of Rs. 411 crores and will provide employment to more than 500 persons.

About Resurgent Rajasthan Partnership Summit
The Resurgent Rajasthan Partnership Summit, scheduled to be held in Jaipur on November 19-20, 2015, will bring together leading investors from all over the world for interacting with policy makers, including the political leadership, government officials and, local business leaders on the investment environment and opportunities in Rajasthan.

The summit will have thematic seminars, conventions, panel discussions, discussion forums, B2B & B2G meetings, exhibition pavilions and other networking programmes. The state government expects a significant surge in global investor interest and definite commitment to invest as a result of the Resurgent Rajasthan Partnership Summit.
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