22
Nov
Jaipur (Rajasthan) [India], November 22: In a significant move aimed at boosting industrial investment, the Rajasthan government and the Rajasthan State Industrial Development and Investment Corporation (RIICO) have unveiled a progressive land policy designed to make industrial land more affordable and investor-friendly. High industrial land costs have long been a barrier in Rajasthan. Frequent hikes in reserve rates discouraged new investors and made it difficult for existing industries to expand in key industrial belts. Recognizing this challenge, RIICO has now decided to freeze land rate increases and introduce graded discounts on existing reserve rates: • Up to 3,000 sq. m.:…
