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Tourism attracts largest MoUs at Resurgent Rajasthan Summit

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The Resurgent Rajasthan Summit, held on November 19-20, 2015, witnessed strategic investments in the tourism sector. During the summit, the Government of Rajasthan signed a total of 295 memoranda of understanding (MoUs) worth Rs 3.21 lakh crore. The largest number of MoUs were signed in the tourism sector, accounting for 122 MoUs, with investment commitments standing at Rs 5783 crore. This is expected to generate 18,617 jobs in the sector.

The two-day summit, organised by the Government of Rajasthan in association with the Confederation of Indian Industries (CII), witnessed commitments from Japan, Singapore, South Australia, Italy and other countries to make investments across various sectors in India.

Commenting on the MoUs, Gajendra Singh Khimsar, industry minister, Government of Rajasthan, said, “This summit has been an endeavour by the state government to promote and attract investments into the state. The warm response from the industrial fraternity has led me to believe that Resurgent Rajasthan 2015 has been successful in creating a unique partnership platform for industrial growth in the state of Rajasthan.”

Singapore home minister, K Shanmugam, declared that Rajasthan was one of only two states in India that his country has decided to partner with. Shanmugam also revealed that Scoot, a group company of Singapore Airlines, would soon commence direct flights between Jaipur and Singapore.

One of the sessions at the summit focused on ways to tap the potential in Rajasthan’s tourism sector in a sustainable manner. The session was attended by the union minister for tourism, Mahesh Sharma; Rajasthan tourism minister, Krishnendra Kaur; secretary, ministry of tourism, Government of India, Vinod Zutshi; chairman, South Asia, Carlson Rezidor, K B Kachru; chief operating officer & managing director, The Oberoi Group, Vikram Oberoi; and principal secretary, tourism, Government of Rajasthan, Shailendra Agarwal.

Earlier in the month, 111 MoUs with a total value of Rs 40,550.99 crore were signed in the tourism sector, on November 5, 2015, ahead of the Resurgent Rajasthan Summit.

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