**Rajasthan to Become a USD 350 Billion Economy by 2030, Says Chief Minister Bhajan Lal Sharma**
Surat: Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday announced that the state is poised to become a USD 350 billion economy by 2030, highlighting its very investment-friendly environment.
Speaking at the ‘Pravasi Rajasthani Meet’ here ahead of the Pravasi Rajasthani Divas on December 10, Sharma invited entrepreneurs and investors to explore abundant opportunities in sectors such as IT, pharmaceuticals, textiles, gems & jewellery, energy, petrochemicals, tourism, and mining in Rajasthan.
“Rajasthan is progressing towards becoming a USD 350 billion economy by 2030. Due to government initiatives, it has emerged as one of the most investment-friendly and progressive states of India,” Sharma said in an official release.
He further noted that out of the Memorandums of Understanding (MoUs) worth Rs 35 lakh crore signed during the Rising Rajasthan Global Investment Summit, projects worth Rs 7 lakh crore have already been implemented on the ground.
Highlighting the significant contribution of Non-Resident Rajasthanis, Sharma said their achievements serve as a source of inspiration and guidance for the people of the state. He urged the diaspora to contribute not only to their karma-bhumi (workplace, such as Surat) but also to their matru-bhumi (motherland).
The Chief Minister emphasized that Gujarat and Rajasthan share vast opportunities for economic, cultural, and social collaboration in sectors like gems and jewellery, pharmaceuticals, textiles, and the upcoming petrochemical complex in Rajasthan.
“Surat and Rajasthan share a common spirit of entrepreneurship, creativity, and perseverance. While Surat is world-renowned for diamond cutting and synthetic textiles, Rajasthan is famous for coloured gemstones, kundan, meenakari, textiles, and handicrafts,” Sharma said.
“Together, we should work towards making Rajasthan the global Gems & Jewellery Hub,” he added.
Sharma also invited Non-Resident Rajasthanis to participate in large numbers at the Pravasi Rajasthani Divas to be held in Jaipur on December 10, noting that several top industrialists of India are from the Non-Resident Rajasthani community, which is a matter of pride for the state.
Sharing details about upcoming initiatives, the CM announced that the Rajasthan government is set to launch a petrochemical refinery project in December. The government will also extend full support to investors aiming to establish Global Capability Centres and Data Centres in the state.
To strengthen engagement with Non-Resident Rajasthanis, the government has created an institutional framework, with 26 chapters of the Rajasthan Foundation currently active across India and abroad. Plans are underway to establish a dedicated department to further enhance this engagement.
The aim of these initiatives is to ensure active participation of the global Rajasthani diaspora in the state’s development and the realization of “Viksit Rajasthan 2047” (Developed Rajasthan 2047), Sharma explained.
He also acknowledged the commendable contributions of the Non-Resident Rajasthani community in areas such as water conservation and groundwater recharge.
Finally, Sharma appealed to them to support state government initiatives including the Panchayat Samiti Nandishala Jan Sahbhagita Yojana, Bhamashah Scheme, Gyan Sankalp Portal, and to participate in naming government colleges, hospitals, and schools.
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