Overview
Rajasthan, India’s largest state by area, recorded a GSDP of ₹11.50 lakh crore in 2023–24, with a growth rate of 8.9%. The state’s per capita income stands at ₹1,65,535, reflecting steady economic progress. Rajasthan is rich in natural resources, with a growing industrial base in sectors like mining, textiles, and manufacturing. Jaipur, the capital, is a major hub for business and commerce, while cities like Jodhpur and Udaipur contribute significantly to tourism and handicrafts.
Why Invest in Rajasthan
- Resource Abundance: Rich in minerals, especially marble, limestone, and copper.
- Industrial Growth: Expanding industries in textiles, chemicals, and cement.
- Tourism Potential: World-renowned for heritage tourism, handicrafts, and cultural sites.
- Government Support: Proactive policies promoting infrastructure, industrialization, and renewable energy.
Incentives & Schemes
- Industrial Investment Policy: Tax incentives and subsidies for new industries, particularly in manufacturing and textiles.
- Tourism Development: Focus on enhancing infrastructure for tourism, including heritage sites and eco-tourism.
- Renewable Energy:: Investment in solar and wind energy projects for sustainable growth.
Key Economic Data: Rajasthan
| Category |
Details |
| Capital |
Jaipur |
| GSDP (2023–24) |
₹11.50 lakh crore |
| Growth Rate |
8.9% |
| Per Capita Income |
₹1,65,535 |
| Top Sectors |
Mining, Textiles, Tourism, Manufacturing |
| FDI Share in India |
3% |
| Top FDI Sources |
UAE, Singapore |
| Cumulative FDI (FY2024) |
₹4,500 crore (Q1) |
| Policy Impact |
Focus on industrialization, infrastructure, and tourism |
| Recent FDI |
₹1,200 crore (2020–21) |
Latest Insights
- Rajasthan attracted ₹4,500 crore in cumulative FDI by Q1 FY2024.
- Mining and textiles remain strong contributors to the economy, with a growing focus on manufacturing.
- Government policies are enhancing industrial growth, renewable energy initiatives, and tourism infrastructure.
