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Taiwanese delegation excited by opportunities in Rajasthan

Posted by on February 26, 2011 0 Comment

Neemrana (Rajasthan), Feb 26 (IANS) A high-level Taiwanese delegation, led by its Deputy Minister, Council for Economic Planning and Development, Dr. Gee San, visited Neemrana in Alwar district of Rajasthan for exploring investment opportunities in the state.

The delegation, which arrived here Friday, comprised of both public and private sector representatives. The meeting was jointly organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), Rajasthan State Industrial Development and Investment Corporation Limited (RIICO) and Bureau of Investment Promotion (BIP).

“We found the business opportunities available in Rajasthan very exciting,” Dr. Gee San said.

The minister thanked the Rajasthan government for its proposal to provide an exclusive zone for setting up Taiwanese units – similar to the existing Japanese zone in Neemrana.

Earlier, managing director of RIICO Rajendra Bhanawat said that Rajasthan had a congenial and investor-friendly environment. He added that with almost 40 percent of the Delhi Mumbai Industrial Corridor (DMIC) passing through Rajasthan, the state will have further opportunities for investment.

Ritu Lohia, BIP’s general manager, made a presentation outlining the investment opportunities in the state. She also invited the delegation to set up an exclusive Taiwanese zone in Rajasthan.

The locations proposed were Alwar, Jaipur, Ajmer, Udaipur and Jodhpur. She said that Taiwan’s electronic hardware expertise and India’s software prowess can make a potent combination.

The chief executive officer of Mahindra World City B.K. Subbaiah also offered a sector specific zone to the Taiwanese delegation in the Mahindra World City near Jaipur. He said that the special economic zone was an integrated business city where one could live and work in a great environment.

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