RIICO Allocates ₹1,200 Crore for Infrastructure Upgrades in Rajasthan's Industrial Zones
RIICO plans to invest ₹1,200 crore to enhance infrastructure in over 450 industrial areas in Rajasthan. The initiative aims to improve essential services, thereby fostering industrial growth and attracting new investments.
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The Rajasthan State Industrial Development and Investment Corporation (RIICO) will invest ₹1,200 crore to upgrade more than 450 industrial areas. A work plan worth ₹1,000 crore has already been finalized, focusing on water supply, power supply, street lighting, road development, and other essential facilities.
Industrial areas will be classified into Platinum, Gold, Silver, and Bronze categories to facilitate targeted improvements. This classification will also help identify infrastructure gaps, aiding in systematic enhancements. The upgrades are expected to strengthen the industrial ecosystem, improve the ease of doing business, and support sustainable economic growth.
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