Gehlot invites Japanese firms to invest in petrochemical, skill sectors

Rajasthan Chief Minister Ashok Gehlot on Thursday invited Japanese companies to invest in Barmer petrochemical complex and sectors like skill development

ashok gehlot, rajasthan congress
The chief minister was speaking at an MoU signing ceremony held in Alwar district's Neemrana industrial area.
Press Trust of India Jaipur
2 min read Last Updated : Jul 08 2022 | 6:37 AM IST

Rajasthan Chief Minister Ashok Gehlot on Thursday invited Japanese companies to invest in Barmer petrochemical complex and sectors like skill development, while underlining the positive approach of the firms for investment in the state.

He said that the Japanese companies have made investments in the state in the past and now they should write another chapter by investing in the petrochemical complex being constructed in Barmer and other sectors, including skill development.

The chief minister was speaking at an MoU signing ceremony held in Alwar district's Neemrana industrial area.

The memorandums of understanding (MoUs) were signed by 11 Japanese companies with a total investment of Rs 1,338 crore, according to an official release.

It will generate employment opportunities for 2,272 persons in different sectors, the release said.

Gehlot said that the government will extend its support to Japanese companies for opening skill development centres.

Former Prime Minister Manmohan Singh had visited Japan 2005 during which Delhi-Mumbai Industrial Corridor (DMIC) was conceptualized, the chief minister said, adding that the Japanese Zone at Neemrana is also a part of DMIC.

He said that the priority of the state government is that work should be done in a planned manner on the portion of DMIC passing through the state.

Speaking on the occasion, ambassador of Japan to India Satoshi Suzuki said that the number of Japanese companies working in the state was 10 in 2008 which increased to 170 in 2021.

He said India and Japan share fundamental values like rule of law and democracy.

Industry minister Shakuntala Rawat and other state government officials and representatives of Japanese companies were present on the occasion.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :rajasthanAshok GehlotFirms

First Published: Jul 08 2022 | 6:37 AM IST

Next Story