The speed of implementation of investment commitments pledged during Rising Rajasthan Global Investment Summit is now getting visible in RIICO balance sheet.
The state government unit, which promotes industrial development, earned more than Rs 3,600 crore in last fiscal- more than double the revenue (Rs 1,463 crore) accrued in 2024-25. Not only revenue the land allotment has also been three times in 2025-26 over the previous fiscal.
“Fuelled by demand from Rising Rajasthan, we allotted 1,504 acres of land as against 539 acres of land in 2024-25. Investors have shown trust and great enthusiasm Rajasthan. Sentiments have improved after the summit,” said a senior RIICO official.
RIICO chairman Shikhar Agrawal, who is doubling up as Additional Chief Secretary Industries, said that state government will provide every support to investors and ensure entrepreneurs should get quick benefits of policies, cooperative behaviour of officials and strong infrastructure.
“Proper disposal of waste and effluent management in RIICO industrial areas, effective monitoring of CETP, smooth arrangement of electricity and water supply are important aspects for industrial development,” he said.
RIICO is investing heavily in infrastructure to attract investment. It has invested Rs 539 crore in building roads and other infrastructure needed for business activists in industrial areas.
Looking at emerging business opportunities, the PSU has also acquired land to set up 21 new industrial areas.
What catalysed the growth?
The major reason behind the surge in land allotment was the Direct Allotment Scheme under which investors get the allotment directly if there is no other contender for the particular land. In case of more than one contender then the allotment is done through e-lottery.
Since April last year when the scheme was launched, RIICO has completed 10 rounds allotting thousands of acres of land to the end user.
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