 Jaipur,
the Pink City of India, is one of the three important
constituents of the ‘Golden triangle’ of Jaipur, Delhi
and Agra. It is the fastest growing city in Northern
India, embellished with wide & improved roads, cleanliness
everywhere, lower level of encroachments, and beautified
by landscaping & tree plantations, development of gardens,
parks and water parks.
Jaipur's
social environment is conducive for economic growth,
prosperity and peace. The economic opportunities, the
peaceful environment and the linkages through railways,
highways and international airport at Jaipur make it
the favorite destinations for investors and entrepreneurs.
Ample
parking facilities, congestion-free traffic with a number
of flyovers and bridges, carpeted roads and civilized
people augurs well for the city.
Fortune
500 companies like Coca-Cola and McDonald's are coming
here. GE, the company that had redefined Gurgaon, has
moved into Jaipur and this has paved the way for the
entry of a number of IT and ITES companies. Besides
IT companies like Infosys and Wipro, there are many
fast growing IT/ITES companies who are eyeing Jaipur
for their expansion.
Jaipur
have several clubs that offer recreational facilities
including indoor and outdoor sports. Fitness clubs and
gymnasium facilities are available in Jaipur. Golfers
can tee off at the Rambagh Golf Club, and Polo lovers
may have horse polo in Jaipur. Apart from horse polo,
one can watch and play polo on elephant or camel-back
or on a bicycle. The prestigious Rajasthan Polo Club
in Jaipur has many distinguished polo players as it
members.
A
number of heritage hotels (hotels created by converting
the forts, palaces, havelis - old houses of noblemen
and retreats of former rulers - and approved star hotels
are situated in Jaipur. The Taj group, Welcome group,
Oberoi Group, etc. are providing their world class services
in Jaipur.
Jaipur
is fast becoming a center of quality education and coaching
center for entrance of various reputed institutions.
In addition, many medical & engineering colleges have
been started and functioning smoothly. Jaipur has some
of the country's best schools.
The
Government of Rajasthan has decided to accord high priority
to the development of towns and cities. A special project
of Rs.1,530 crore has been prepared for strengthening
the infrastructure in six principal towns of Rajasthan,
namely Jaipur, Jodhpur, Bikaner, Udaipur, Kota and Ajmer.
Key features making Jaipur preferred investment destination
Eleventh
largest city in India with a population of 3.0 million.
Highest population growth among tier two cities (49%
for decade 91-2001)
Destined
to become a Mega City by 2025 with a population of 10
million persons encompassing over an area of about 800
sq km.
Capital
of the largest state of India, Rajasthan
Availability
of international airport, with flights to all major
destinations in India and abroad
Counter
magnet to New Delhi, the capital of India
Hub
of domestic and foreign tourist, with almost 80% of
foreign tourist coming to India, visits Rajasthan via
Jaipur
Great
center of exports. Largest center for export of colored
gemstones, sterling silver jewellery, handicrafts, carpets,
apparel, traditional footwear, marble & stone artifacts,
engineering goods, etc.
Special
Economic Zone (SEZ) joint venture by Mahindra &
Mahindra with RIICO on 3000 bighas of land
Fast
emerging health care destination, with Medicity of Reliance
Group in the pipeline
Emerging
IT/ITES destination, with major players like Genpact,
Infosys Progeon, etc. already present in the city
Located
on Golden Quadrilateral which is proposed to be upgraded
as & National Express Way
Fast
emerging education center and boasts of a developed
infrastructure
Excellent
law and order situation, with stable political scenario
Low
Establishment Cost
What Investors Speak...
"I
think Jaipur is very attractive. It's clean, it's very
well-maintained; the infrastructure in the town is very
good; it's open; plus, we have a lot of graduates and
a lot of excellent colleges to pick future employees
from.... So, all these things put together have made
Jaipur very attractive for us."
--
Pramod Bhasin, President, GE Capital
"The State Government has been constantly
investing funds to improve the industrial infrastructure.
The availability of electricity for industrial consumption
is one of the best in North India."
--
Alex Von Behr, President and CEO, Coca-Cola India
"The
peaceful industrial climate, the support of the government,
a willingness to keep pace with changing times through
reforms and supportive agencies have made Rajasthan
very conducive to industry. The infrastructure in the
state continues to be among the best." --
Pran Dang, Managing Director, Gillette India Ltd.
"One
thing I would like to say about Rajasthan Government
is that from an investor's perspective, the other state
governments, the "traditional" Indian state
governments and officials have a very regulatory approach
towards investment, the Rajasthan Government has a very
promotional and proactive approach towards industry.
That goes a long way in the success of the industry."
--
Harsh Chopra, Managing Director, Ray-Ban India
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