Vasundhara asks Def PSUs to invest in Rajasthan

Rajasthan Chief Minister Vasundhara Raje on Sunday said the state could be an investment zone in <g data-gr-id="16">defence</g> sector for Public Sector Units (PSUs). On her meeting?with Defence Minister Manohar Parrikar in New Delhi this forenoon, Raje said?Rajasthan provides abundant opportunities of investment and may be considered as a venue for expansion plans of defence sector PSUs like Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), etc, which manufacture defence equipments.

The Chief Minister said <g data-gr-id="18">industry friendly</g> atmosphere has been created in Rajasthan, according to an official statement here. Foreign investment zones like Japanese zone have been set up in Neemrana, Alwar, she said. Resurgent Rajasthan Partnership Summit is being organised in Jaipur on 19-20 November, and investors from the country and abroad are expected to attend the event, she said. 

She suggested that Defence Research and Development Organization (DRDO) may consider further expansion plans of its defence research activities in Rajasthan. The state government is providing various incentives to defence sector manufacturing units to promote investment, she said, adding, <g data-gr-id="19">RIICO</g> has large chunks of land - over 500 acre - available readily near Jaipur, Jaisalmer and Barmer where defence sector companies can invest.