JAIPUR: At a meeting with chief minister Ashok Gehlot and other senior officials of the government, leading glass manufacturer in the country Saint Gobain proposed to invest Rs 1,100 crore and sought incentives and support under the state policy framework.
Saint Gobain has already invested over Rs 1,200 crore in Bhiwadi in the glass plant and with the latest expansion Rajasthan will have Asia’s largest float glass line, as per a state government release. The new investment is expected to create more than 300 direct employment opportunities.
“Saint Gobain is renowned company in the world. When it is choosing the state for its second major investment, it shows its trust in the state. There cannot be a better promotion of the state for investments than this,” said the chief minister at the meeting.
He assured Saint Gobain that the state government will provide the best cooperative environment and support for proposed and future investments.
Saint Gobain Group (India) chairman B Santhanam said, “In line with our strategy for accelerated growth in India, Saint-Gobain will invest in a new float glass plant in our world class complex in Bhiwadi. Rajasthan is the ideal state for this investment as it has abundant availability of raw materials, excellent talent pool and most importantly a progressive and dynamic government. This new investment of over Rs 1100 crore would help us to produce advanced and value added products for the growing construction and automotive markets in India.”
The state has attracted investment proposals over Rs 1.50 lakh crore under various thrust sectors such as green energy, IT, startups, electronics, glass manufacturing, textile, bathware, earth moving, healthcare, ceramic, and mining.
To boost the investment in the state, the government had announced various policies such as Rajasthan Investment Promotion Scheme (RIPS)-2019, Rajasthan Industrial Development Policy-2019, Rajasthan Agro Processing-Agri Business and Agri Export Promotion Policy-2019, Rajasthan wind, Hybrid Policy -2019 and Rajasthan Solar Energy Policy-2019.
Industries ministers Parsadi Lal Meena, state chief secretary Niranjan Arya, principal secretary (finance) Akhil Arora, principal secretary to chief minister Kuldeep Ranka, industries secretary Ashutosh Pednekar, and Commissioner Archana Singh also attended the meeting.
Saint Gobain has already invested over Rs 1,200 crore in Bhiwadi in the glass plant and with the latest expansion Rajasthan will have Asia’s largest float glass line, as per a state government release. The new investment is expected to create more than 300 direct employment opportunities.
“Saint Gobain is renowned company in the world. When it is choosing the state for its second major investment, it shows its trust in the state. There cannot be a better promotion of the state for investments than this,” said the chief minister at the meeting.
He assured Saint Gobain that the state government will provide the best cooperative environment and support for proposed and future investments.
Saint Gobain Group (India) chairman B Santhanam said, “In line with our strategy for accelerated growth in India, Saint-Gobain will invest in a new float glass plant in our world class complex in Bhiwadi. Rajasthan is the ideal state for this investment as it has abundant availability of raw materials, excellent talent pool and most importantly a progressive and dynamic government. This new investment of over Rs 1100 crore would help us to produce advanced and value added products for the growing construction and automotive markets in India.”
The state has attracted investment proposals over Rs 1.50 lakh crore under various thrust sectors such as green energy, IT, startups, electronics, glass manufacturing, textile, bathware, earth moving, healthcare, ceramic, and mining.
To boost the investment in the state, the government had announced various policies such as Rajasthan Investment Promotion Scheme (RIPS)-2019, Rajasthan Industrial Development Policy-2019, Rajasthan Agro Processing-Agri Business and Agri Export Promotion Policy-2019, Rajasthan wind, Hybrid Policy -2019 and Rajasthan Solar Energy Policy-2019.
Industries ministers Parsadi Lal Meena, state chief secretary Niranjan Arya, principal secretary (finance) Akhil Arora, principal secretary to chief minister Kuldeep Ranka, industries secretary Ashutosh Pednekar, and Commissioner Archana Singh also attended the meeting.
