U.K. plans to invest in Rajasthan in light Of ‘Make In India’ campaign

- Advertisement -

Friday, November 14, 2014: An Indian origin British parliamentarian on Wednesday said that U.K. investors are all prepared to support Prime Minister Narendra Modi’s “Make In India” campaign, by extending their business proposals to India.

U.K.’s Parliamentary under secretary of state for energy and climate change Baroness Sandip Verma while addressing a conference said that the ‘Make in India’ concept gave a clear and excellent direction and further added that several British investors are interested in coming to India to support it. She said, “We are pleased to hear Prime Minister Modi on Make-In-India that is an absolute and excellent direction forward, because we investors in Britain want to come to India and support Make-In-India moves.”

Verma during a meeting with Rajasthan Chief Minister Vasundhara Raje said that the investors from British had their focus in Punjab and Haryana and now also in Rajasthan since CM Raje had taken interest and created opportunities in renewable energy, solar and winds and climate change. While emphasizing on UK and Rajasthan relationship, she further added, “We need to have a long-term relationships and with a long term vision. We are considering a skill development agenda, agro-technology and other sustainable issues to be worked out in Rajasthan.”

- Advertisement -

Verma said while talking about the opportunities provided by Rajasthan, all investors in the U.K. expect certainty of the environment, certainty of policy and certainty of the state and central government, where they’ll be investing.

As per the release from CM office after Raje’s meeting with the UK delegation, Verma noted that U.K. businesses are not only willing to participate in solar and other renewable energy related projects but also look forward to invest in manufacturing of components including solar cells in Rajasthan. Raje also expressed about UK desire to see dynamic partnership between small scale industries in the state and SME units in England.

Both leaders decided to get on to a high level interaction to explore sectors of mutual promise including healthcare, smart cities and waste management.

- Advertisement -

Most Popular Articles

Exclusive

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Ascend Performance Materials: Pioneering Innovation in the Electronics Sector

0
Bridging material advancements in plastics and technological progress, Ascend leads with customised solutions for a safer, reliable and greener tomorrow. Q. How would you explain...

DigiKey Expands Portfolio With 3PEAK

0
This collaboration adds amplifiers, interface components, data converters, and more, catering to industries such as communication, industrial, medical, and automotive.  In a strategic move aimed...

Buzz

CleanMax Alliance With Apple To Boost Renewable Energy In India

0
These installations are anticipated to reduce approximately 207,000 tons of CO2 emissions over their operational lifespan. CleanMax announced a significant joint venture with technology giant...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...

Microsoft’s $1.5B AI Venture In UAE Stirs Global Interest

0
New partnership with G42 promises transformative AI advancements in emerging markets, impacting tech and geopolitics. Microsoft has announced a strategic $1.5 billion investment in UAE-based...

Important Sectors

CleanMax Alliance With Apple To Boost Renewable Energy In India

0
These installations are anticipated to reduce approximately 207,000 tons of CO2 emissions over their operational lifespan. CleanMax announced a significant joint venture with technology giant...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...

Tesla Power, E-Ashwa To Introduce India’s First EV With Fire Safety Tech

0
The partnership also expands to include the provision of after-sales support for electric vehicle customers by establishing a comprehensive network of sales and service...

Elektrobit Introduces EB zoneo GatewayCore Featuring Infineon’s AURIX TC4x

0
The EB zoneo GatewayCore is designed to connect hardware-dependent accelerators with the Classic AUTOSAR framework, providing adaptable support for intricate routing scenarios. Elektrobit, a premier...

Raptee’s Cell Chemistry Extends Battery Life, Says Dinesh Arjun

0
The Co-founder and CEO of Raptee disclosed that the company is currently sourcing its cells from a variety of countries. Dinesh Arjun, the Co-founder and...

Manufacturing

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...

AVL And Red Bull To Create High-Density Fuel Cell Technology

0
The advanced technology, featuring ultra-high power density and a lightweight design, is said to be two-thirds lighter than traditional fuel cell systems. This partnership...

JJG Aero Secures $12 Million Investment From CX Partners

0
The Bengaluru-based aerospace components manufacturer intends to use the funds primarily to enhance vertical integration, increase production capacity at the new site, and support...

Tata Electronics Finalizes Semiconductor Agreement With Tesla

0
Ashok Chandak, the head of the India Electronics and Semiconductor Association (IESA), highlighted that Tesla’s initiative to establish a network of domestic suppliers for...

Sterling Tools Targets 40% of Sales from EV Business by FY25

0
This increase is anticipated to come from the EV business segment, which is integral to the company's strategy to diversify its operations. With a certain...