Jaipur, Rajasthan, October 26 – Rajasthan has signed investment MoUs exceeding ₹15 lakh crore across various sectors under the 'Rising Rajasthan' Global Investment Summit 2024, with the latest agreements totaling ₹19,500 crore in the agriculture and allied sectors. These MoUs were exchanged at the 'Rising Rajasthan' Agriculture Pre-Summit with over 862 investors, covering areas such as agriculture marketing, horticulture, fisheries, organic farming, animal husbandry, dairy, and cooperatives.
As a leading agrarian state, Rajasthan ranks first in the production of crops like mustard, jowar, and oilseeds, and is also a major producer of milk, millets, cereals, groundnuts, soybeans, and pulses. The new investments in agriculture and related sectors are expected to create job opportunities in rural areas and ensure that farmers receive fair prices for their produce by streamlining the supply chain to consumers. Additionally, food processing and packaging industries will help stabilize the supply-demand chain for perishable goods and generate significant employment.
To further boost private investment, Rajasthan is developing five Agro-Food Parks and three Agro-Processing Clusters. These initiatives, located in cities like Jodhpur, Kota, Ganganagar, Alwar, and most recently Bikaner, aim to increase farmers' incomes and leverage the state's rich agricultural resources.
The state government is also focused on creating extensive public infrastructure in the agricultural sector while providing a variety of financial incentives to investors, including support for small-scale industries and MSMEs. The diverse range of investment proposals received at the Agriculture Pre-Summit signals a positive outlook for the agricultural sector, with the potential to create new job opportunities for youth, boost farmers' incomes, and foster local entrepreneurship.