Jaipur, December 9 (IANS). Aditya Birla Group Chairperson Kumar Mangalam Birla on Monday said that his group will invest Rs 30,000 crore in the renewable and cement sectors in Rajasthan in the next 4 to 5 years.
While talking to news agency IANS on the sidelines of ‘Rising Rajasthan Global Summit’, Birla said that our family is from Rajasthan and we are also big investors here. Our experience in Rajasthan has also been very good. Going forward, we will invest Rs 30,000 crore in renewable energy and cement sectors in the state in the next 4 to 5 years.
Praising Prime Minister Narendra Modi, Birla said that under his leadership a lot of good work is being done in different states of the country and industries are developing.
During his address, Birla said that UltraTech Cement will increase its cement production capacity in Rajasthan by one crore tonnes. At present the group’s cement unit in Rajasthan has a production capacity of 20 million tonnes. It further said that the jewelery unit of the group is also planning to set up a small manufacturing unit in the state.
Speaking to IANS, Deutsche Bank Director Pankaj Ojha said that the ranking of India’s economy has improved from tenth place to fifth. India is moving in a positive direction. The markets here are emerging and the spending power of people is increasing. For this reason the entire world’s trust in India is increasing.
Lakshya Raj Singh Mewar of Udaipur royal family said in a conversation with IANS that Prime Minister Narendra Modi talked about the tourism sector in this summit. I want to thank him for this. Along with this, he mentioned the specifics of this sector like heritage tourism and wedding tourism. This increases the morale of the people of the area.
Prime Minister Modi inaugurated the Rising Rajasthan Global Investment Summit on Monday. During this time, big businessmen of the country and ambassadors of many countries were present in this program.
Prime Minister Modi said that India’s exports have doubled in the last 10 years. Foreign direct investment (FDI) in the country has doubled in the last decade compared to the decade before 2014. During this period, India’s investment in infrastructure has increased from Rs 3 lakh crore to Rs 11 lakh crore.
–IANS
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