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RAJASTHAN ROLLS OUT RED CARPET FOR INVESTORS.

AsiaPulse News

| October 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, Oct 1 Asia Pulse - Rajasthan is bullish on investment flow to the state and expects over Rs 350 billion (US$8.8 billion) in different sectors in the next five to ten years, a top state minister has said.

"Already, companies like Wipro (BSE:507685), Infosys (BSE:500209), ITC (BSE:500875), Reliance (BSE:500325), Mahindra Group, Nagarro and Gujarat Ambuja (BSE:524226) have set up big industrial and ITES units in the state and investments over Rs 350 billion are being lined up over the next 5-10-years," Rajasthan Industries Minister Narpat Singh Rajvi, said here.

"We expect around Rs 200 billion investment only in SEZs in the next five years," he said.

Rajasthan has already approved four SEZs -- Mahindra Tech, Somani, Vatika and ...

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