Categories: Jaipur

Saint Gobain Suggests to invest Rs 1,100 crore Longer

JAIPUR: In a meeting with chief minister Ashok Gehlot as well as other senior officers of this authorities, leading glass producer in the nation Saint Gobain suggested to spend Rs 1,100 crore and hunted incentives and aid below the state policy frame.
Saint Gobain has invested more than 1,200 crore from Bhiwadi from the glass plant also the most recent growth Rajasthan will possess Asia’s biggest float glass line, according to a nation government launch.
The new investment is anticipated to generate over 300 direct employment chances.
“Saint Gobain is famous business on the planet.
Whether it’s picking the nation because of its next big investment, it reveals its own trust in the nation.
There cannot be a greater marketing of this nation for investments compared to that,” explained the chief minister in the assembly.
He ensured Saint Gobain the state authorities will offer the greatest cooperative environment and service for planned and potential investments.
Saint Gobain Group (India) chairman B Santhanam stated,”In accordance with our plan for rapid expansion in India,” Saint-Gobain will put money into a brand new float glass plant from our world class complicated in Bhiwadi.
Rajasthan is the best condition for this investment because it’s abundant access to raw materials, fantastic talent pool and most significantly a innovative and dynamic authorities.
This fresh investment of more than 1100 crore will allow us to create innovative and value added products to its expanding automotive and construction markets in India.
” The nation has drawn investment proposals within Rs 1.
50 lakh crore under different thrust businesses like green power, IT, startups, electronic equipment, glass production, fabric, bathware, ground moving, health, porcelain, and mining.
To Increase the investment at the country, the authorities had declared various policies like Rajasthan Investment Promotion Scheme (RIPS)-2019, Rajasthan Industrial Development Policy-2019, Rajasthan Agro Processing-Agri Business and Agri Export Promotion Policy-2019, Rajasthan end, Hybrid Policy -2019 along with Rajasthan Solar Energy Policy-2019.
Industries ministers Parsadi Lal Meena, state leader Niranjan Arya, chief secretary (finance) Akhil Arora, chief secretary to chief ministry Kuldeep Ranka, companies secretary Ashutosh Pednekar, also Commissioner Archana Singh also attended the assembly.

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