A New Dawn for Investment

Prem Bhandari, President of largest and most influential Rajasthani organization outside Rajasthan, based in New York, expressed his excitement about the Rajasthan government’s bold move to host an investment summit in its first year. “This is a remarkable initiative, and Rajasthan may well be the first state in India to take such a visionary step,” he remarked.

Reflecting on similar events in past, Bhandari noted that while summits in Rajasthan and other states showcased ambitious goals with multibillion-rupee MoUs, only 10-15% of these commitments materialized. These efforts often incurred substantial costs, yielding limited tangible outcomes. However, this time, Bhandari voiced strong confidence in summit’s potential success, largely due to direct involvement of PM Narendra Modi. “With PM’s unparalleled global stature and personal interest, there’s no doubt this summit will be a resounding success. His leadership inspires global trust, and international investors see his vision as a foundation for stability, growth,” he asserted.

Bhandari emphasized Modi’s third term not only signifies enduring popularity but also ensures stability, which is a critical factor for attracting global investments.He also highlighted Rajasthan’s potential to emerge as a leader in tourism, solar energy, and mining, industries where the state already holds a strong foothold. He pointed out an opportunity in textile sector, particularly in light of shifting dynamics in Bangladesh. “With established textile hubs like Bhilwara, Pali, and Jodhpur, Rajasthan is well-positioned to seize moment & become a national leader in textiles,” he said. Bhandari underscored the importance of Raj’s role in realizing Modi’s vision of making India a developed nation by 2047. “For this dream to come true, states like Rajasthan must harness full potential,” he stated.

He also urged the Rajasthan govt to align its efforts with Modi’s vision by appointing capable and dynamic officials to engage with investors & cultivate probusiness atmosphere. “This summit has potential to set a new benchmark for Rajasthan’s development,” Bhandari expressed hope that it would pave way for brighter future for state.