Rajasthan is a third-most leading investment destination in India after Maharashtra and Gujarat on account of better law and order situation, peaceful environment, excellent transport & power infrastructure, investment friendly climate and very less population density. Various departments/corporations /agencies are functional in the state to promote industrial development and for facilitating establishment and expansion of small, medium and large scale industries and meeting their various requirements, either directly or by discharging the responsibility as the strong facilitators.
Key Departments & Organisation is Rajasthan for development of Industries:
Industries Department, GoR
Commissionerate of Industries is the nodal department with prime motive to promote the development of industries and handicrafts in the State. The department operates through 36 District Industries Centres (DICs) working in the State. Additionally, 7 District Industries Sub-Centres have also been established at Abu Road, Balotra, Beawar, Falna, Kishangarh, Makrana and Neemrana. These centres have been set up to cater to the needs of small scale industries of the area. The Industries Department is located at Udyog Bhawan, Tilak Marg, Jaipur.
Bureau of Investment Promotion (BIP)
Bureau of Investment Promotion (BIP), established in 1991, is the nodal agency for investment promotion in the state. BIP serves as a one-stop knowledge house with respect throughout the ‘conceptualisation-to-commissioning’ stage. The most important role of BIP is in facilitating speedy clearances from various departments, addressing investment concerns and clearing bottlenecks.
BIP is the nodal agency for investments of more then `10 crore under the Single Window System. As a core responsibility to promote Rajasthan as an investment destination, BIP participates & organises key conferences throughout the year including the Resurgent Rajasthan Summit.
Rajasthan State Industrial Development and Investment Corporation (RIICO)
RIICO is an apex organisation engaged in fostering the growth of industrialization in the State. The mission of RIICO is to catalyze planned and rapid industrialization of Rajasthan. RIICO has set up 28 Regional Offices all over Rajasthan to administer the development and management of the industrial areas.
RIICO has pioneered industrialisation of the State of Rajasthan by setting up of industrial areas. RIICO also acts as a financial institution by providing loan to large, medium and small scale projects. RIICO has so far developed 338 Industrial Areas by acquiring around 82000 acres of land.
Role of RIICO:
- Identifying investment opportunities.
- Providing access to information that is critical for setting up of projects.
- Assisting translation of investment possibilities into concrete investment proposals.
- Nodal agency for single-window clearances.
- Facilitation on behalf of investors with all Government departments /agencies to ensure that proposals get immediate attention.
- Assisting in site selection and obtaining infrastructural facilities.
- Interfacing with Government departments for required clearances.
Rajasthan Small Industries Corporation Limited (RAJSICO)
The Rajasthan Small Industries Corporation Limited was established in June, 1961 mainly to provide assistance to small scale industries and artisans, to facilitate marketing of their products. The Corporation purchases selected handicraft items directly from the craft persons through its central stores and markets them through its outlets RAJASTHALI situated at Jaipur, Udaipur, Mount Abu, Amber, Agra, Delhi, Kolkata, Mumbai.
Rajasthan Financial Corporation (RFC)
Rajasthan Financial Corporation (RFC) was established in the year 1955 under the State Financial Corporations Act,1951 with the basic object of fostering financial needs for setting up of new industries, expansion and renovation of existing one, upto `20 crore. RFC provides medium- and long-term loans for new industrial units in the SME sector.
PDCOR Limited (PDCOR) is a company jointly promoted by the Government of Rajasthan and Infrastructure Leasing & Financial Services Limited (IL&FS) to facilitate private sector investment in the infrastructure sector of Rajasthan.
Rural Non-Farm Development Agency (RUDA)
Rural Non-Farm Development Agency (RUDA) was established in November, 1995 by the Government of Rajasthan as an independent agency to promote the Rural Non-Farm Sector (RNFS) in the state. RUDA carries out its activities in 3 major sub sectors which are as follows:
- Wool & Textile
- Minor Mineral (SCP)
RUDA has obtained GI Registration for craft like Blue Pottery, Kota Doria and Sanganer & Bagru Handblock print under its Intellectual Property Rights (IPR) initiatives. Additionally, sector market support and co-ordination is another major activity of RUDA.
Rajasthan Khadi & Village Industries Board
Khadi & Village Industries Board was established to provide employment to artisans of unorganized sector, to provide help in production of high quality products, to provide training to artisans, and to inculcate the feeling of self-reliance. Rajasthan Khadi & Village Industries Board has played important role in providing self employment in rural areas of Rajasthan.
Rajasthan State Handloom Development Corporation (RHDC)
Rajasthan State Handloom Development Corporation was constituted in 1984 with the main objective to promote the cotton handloom textile sector of Rajasthan. It plays a pivotal role in skill upgradation, design & development and market facilitation or traditional weavers and artisans of the state in modern techniques.