Rajasthan, the largest state (area-wise) in India lies in the northwest part of the sub-continent. It has a diversified economy with tourism, agriculture and mining driving its growth. Rajasthan offers great business opportunities in many domains with no labour unrest in the state, good road infrastructure and a large resource base here.
Rajasthan’s Mining Industry
Rajasthan has 81 different types of major and minor mineral deposits, of which 57 are being mined currently. Rajasthan is the sole producer of Lead and Zinc Ores, Selenite and Wollastonite. It is the leading producer of gold, silver, calcite, gypsum, ball clay, feldspar, fire clay, silver, rock phosphate, steatite, red ochre, steel and cement grade limestone. It is also rich in decorative stones like marble, sandstone and granite. Rajasthan is the second-largest producer of cement and 70% of Bone China tableware is manufactured here.
Agriculture in the State
It has nine agro-climatic zones and various types of soil that support the cultivation of a plethora of crops. It is the largest producer of rapeseed, mustard, bajra and wool in the country and the second largest producer of oilseeds, spices and milk.
Tourism
Tourism contributes around 15% of Rajasthan’s economy. It creates opportunities like foreign exchange gains, regional growth, infrastructure development, and the promotion of local handicrafts. Rajasthan is one of the leading tourist destinations in the country, and cities like Jaipur and Udaipur especially, offer opportunities to expand the luxury tourism sector.
Renewable Energy
To project Rajasthan as an attractive investment opportunity, the Rajasthan Government has recently signed an MoU of nearly $60 billion of renewable energy projects under the Invest Rajasthan Program. Rajasthan is the 4th largest in terms of wind power installation with Jaisalmer Wind Park being the second largest in the country and 4th largest in the world.
Business opportunities in Rajasthan
With such rich cultural heritage, tourism and mining industry options, Rajasthan is the most apt choice for SME’s/MSME’s to focus on eProc Rajasthan tenders to widen their business horizon and grow fast.
- Rajasthan is strongly positioned to drive India’s renewable energy target of 450 GW by year 2030. Rajasthan’s budget proposes 11 GW of Renewable Energy Projects in FY 2023-24. The state would provide concession in stamp duty and land tax duty to renewable energy developers planning to set up projects here. Banking, wheeling and transmission charges would be waived off for captive solar power projects
- NTPC REL has signed an MoU with Rajasthan Government for the development of a 10 GW Ultra Mega Renewable Energy Power Park in the state
- There are other major projects coming up in Rajasthan that include Jaipur Metro Expansion, Delhi-Alwar Rapid Rail Transport System, Udaipur International Cricket Stadium, Parwan Dam Project, Amritsar-Jamnagar Expressway and Delhi-Ahmedabad Bullet Train
- In February 2023, the Rajasthan Government allocated ₹ 13,000 crores to the Eastern Rajasthan Canal Project. The aim of the canal is to meet the drinking and irrigation requirements of the south-eastern districts of Rajasthan
- Directorate of Mines and Geology is involved in the discovery, development and administration of the mineral resources in the state, and Rajasthan State Mines & Minerals Limited (RSMML) carries out the Public Sector Mining and is engaged in mining and marketing of Industrial Minerals. There are 176 mining leases for major minerals, 14,982 mining leases for minor minerals and 17,481 quarry licenses in the state
- Invest Rajasthan Project – Last year in October, during the Invest Rajasthan Summit, Adani Group committed to an investment of ₹ 65,000 cr in the state over the next five years
Be a part of Rajasthan’s development process with eProc Rajasthan tenders
In March 2022, SPML Infra Limited received a new water supply project worth ₹ 1157 crores for Isarda Water Supply Project under the Jal Jeevan Mission. The eProcurement System of Rajasthan enables SMEs, MSMEs and Large Enterprises to find such etenders relevant to their business expertise, on the Government’s Eproc Rajasthan portal. You will be pleasantly surprised to know that the Eproc Rajasthan portal usually has over 26,000 active tenders at any given time. That’s a huge scope of opportunities, where multiple SME/MSMEs can tap in to grow their business and still everyone will get a share of the Rajasthan growth pie. Till date, eProc Rajasthan has released more than 9 Lac tenders. To give you an estimate, just in the year 2022 itself, they had released an umpteen number of tenders exceeding 911,000 Crores.
Being a SME/MSME you also would be well aware that finding the right tender can be a time consuming process as numerous e tenders are being floated on Eproc Rajasthan. To find a diverse range of etenders and upcoming projects under one roof, you can log onto BidAssist.com. BidAssist encompasses thousands of etenders that are released by government agencies and you have the option to filter out irrelevant tenders in your searches with advanced filter options provided only on BidAssist.com website.
What is so unique about BidAssist?
BidAssist is the leading tender search portal to find pertinent etenders for your business. It features nearly 1,50,000 active tenders from India and 2,80,000 active tenders globally, which are further classified into 50 plus categories to make the process extremely organised. Additionally, there are 76 lakhs tender results in India, and 42 lakhs tender results globally making its content database more than double of other leading players in the field.
Turn on the notifications option on BidAssist’s portal to keep abreast with the release of new tenders in your desired categories.
To continue your search on Eproc Rajasthan tenders, visit BidAssist.com. For more assistance and to get answers to your queries, feel free to reach out to the BidAssist support team, and they will be more than happy to assist you and help you make the right decision.
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