Rajasthan Grants Industry Status to Logistics Sector, Boosting Construction and Connectivity

Date:

Jaipur – The Rajasthan government has granted industry status to the logistics sector, aiming to create an investor-friendly regulatory framework, streamline operations, and drive infrastructure development. The policy, approved by the state cabinet on Tuesday, is set to enhance logistics and construction growth, ensuring better connectivity and private sector participation.

Ajitabh Sharma, Principal Secretary (Industries), stated, “The policy will drive economic growth, social development, and environmental sustainability. Given its pivotal role, the government has decided to extend industry status to the logistics sector.”

As part of this initiative, RIICO will allocate land in new industrial zones for logistics infrastructure, including warehouses, cold storage, dry ports, container freight stations, and logistics parks. The move is expected to significantly impact construction and industrial development, as Rajasthan serves as a major trade corridor linking northern and western India.

With nine economic corridors and strong intersections of national highways, railway networks, and expressways, the state aims to establish itself as a key logistics and construction hub. Additionally, under the Rajasthan Investment Promotion Scheme, incentives such as tax exemptions and interest subsidies will encourage private sector participation through the PPP model, accelerating the growth of modern logistics and infrastructure in the state.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

8 + 12 =

spot_img

Share post:

Subscribe

More like this
Related

Understanding the PM National Relief Fund

In 1948, India saw a huge humanitarian crisis as...

India’s Real Estate Poised for Strong Investment-Led Growth in 2025

India’s real estate sector is poised to sustain strong...

India to Build 10,000 km of Greenfield Expressways

Union Minister for Road Transport and Highways, Nitin Gadkari,...

India’s EV Adoption Hits a Roadblock as Charging Infrastructure Lags

India’s electric vehicle (EV) growth appears to be hitting...