Consulate General of India

Dubai

Hon’ble Minister of Industry and Commerce Col. Rajyavardhan Rathore leads Dubai international investors’ roadshow; meets UAE Minister of State for Foreign Trade

Col. Rathore-led delegation meets companies of logistics, real estate, petrochemicals, financial services, health, renewable energy, AI filmmaking sectors

High-level delegation led by Hon’ble Industry and Commerce Minister rolls out red carpet for UAE investors at Dubai Investors’ Meet

• Col. Rathore-led delegation to interact with Non-Resident Rajasthani (NRR) community later today evening

Dubai, 17 September 2024: Seeking to invite investors for making investments in Rajasthan, Hon’ble Minister of Industry and Commerce Col. Rajyavardhan Rathore-led high level delegation of Government of Rajasthan met His Excellency Dr. Thani bin Ahmed Al Zeyoudi, United Arab Emirates’ Minister of State for Foreign Trade and participated in the investors roadshow of ‘Rising Rajasthan’ Global Investment Summit 2024 in Dubai today.

Besides that, Col. Rathore and other members of the delegation also held meetings with several leading companies of UAE as well as with members of UAE chapter of UAE-India Business Council. The minister-led delegation rolled out the red carpet and invited the UAE-based business groups and investors to make investments in Rajasthan.  

Speaking at the Dubai investors’ meet, Hon’ble Industry and Commerce Minister, Government of Rajasthan, Col. Rajyavardhan Rathore said, “Rajasthan is working under the over-arching vision of Hon’ble Prime Minister Shri Narendra Modiji to turn India into the third largest economy in the coming years and a developed country by the centenary year of independence. Rajasthan, being an economically prominent state, has its task cut out to contribute to the vision of ‘Viksit Bharat’. The political will of the government to alleviate the business environment is amply demonstrated by the decision to host the investment summit in the very first year of the government’s tenure. A complete revamp of the policy framework has been undertaken and new policies are going to be launched in the coming days to ensure that the investors are able to do business at the least possible cost and in the most hassle-free manner.”

At the Dubai investors’ meet, Col. Rathore led delegation held a round of discussions with several companies belonging to logistics, real estate, petrochemicals, financial services, health, renewable energy, AI filmmaking  sectors the sectors of solar & steel manufacturing, healthcare, among others. This includes meetings with business groups associated with the UAE chapter of UAE-India Business Council (UIBC) including officials of Kef Holdings, DP World, Lulu Financial Holdings, Emirates NBD, Sharaf Group, EFS Facilities among others and invited them to explore opportunities in the state.

Besides that, Hon’ble Minister-led delegation also held discussions with Dubai Cable Company Pvt Ltd (Ducab), Gulf Islamic Investments, Transworld, Tecton Engineering and Construction LLC, Abacus Chemie LLC among others. The companies were invited to explore the business prospects in the state and participate in the ‘Rising Rajasthan’ Global Investment Summit, to be held at Jaipur on 09, 10, and 11 December 2024. 

During the investors meet today, a presentation was made, and a film was played before the investors community, highlighting the core strengths of the state, key investment areas and showcased the collaborative potential across sectors such as chemicals & petrochemicals, oil and gas, real estate, logistics and hospitality.

Making the presentation at the investors’ meet, Shri Sourabh Swami, Additional Commissioner (Investments), Bureau of Investment Promotion, Government of Rajasthan said, “The scope of business collaboration between Rajasthan and UAE is immense due to the existing enabling factors such as local currency settlement system, Comprehensive Economic Partnership Agreement (CEPA) between India and UAE and Most Favored Nation (MFN) tariff arrangement among others. Under a proactive governance model, industry friendly regime and key fiscal incentives, Rajasthan is going to emerge as one of the most industry-friendly business jurisdictions for the UAE investors.”

Speaking during the investors’ meet, Shri Satish Kumar Sivan, Consul General of India in Dubai said, “I urge the business groups and trade bodies based out of UAE to explore the investment opportunities in Rajasthan. The consulate office in Dubai will be more than willing to put the interested investors in touch with the officials in Rajasthan and help facilitate their investment into the state.”

Besides the Hon’ble Minister, the high-level government delegation also includes Shri Sidharth Sihag, Joint Secretary to Hon’ble Chief Minister, Shri Sourabh Swami, Additional Commissioner, Bureau of Investment Promotion (BIP), among others. The delegation will also visit Qatar after the UAE-leg and invite the investors to do business in Rajasthan.

It is to be noted that Government of Rajasthan is undertaking an extensive outreach across the key commercial centers across India and around the world as part of the ‘Rising Rajasthan’ Global Investment Summit 2024. Recently, a high-level delegation led by Hon’ble Chief Minister Shri Bhajan Lal Sharma visited South Korea and Japan, during which several companies and associations expressed interest in doing business in Rajasthan.