Rajasthan Boosts Incentives under RIPS 2024 to Attract Global Investors

The Rajasthan government has launched the Rajasthan Investment Promotion Scheme (RIPS) 2024, providing increased financial incentives across various sectors. The initiative aims to enhance private investment, and introduces new sunrise sectors, boosting tourism and women-led startups ahead of the 'Rising Rajasthan' Global Investment Summit in December.

The Rajasthan government has unveiled the Rajasthan Investment Promotion Scheme (RIPS) 2024, an initiative designed to provide augmented financial incentives to a broader spectrum of industries.

This flagship scheme, serving as a prelude to the 'Rising Rajasthan' Global Investment Summit 2024, advances beyond RIPS 2022 by including more sectors and bolstering financial incentives for industry establishment and sustainability.

RIPS 2024 expands its reach to fresh sunrise sectors, manufacturing domains, and service-focused areas, offering enriched incentives, especially for tourism firms, IT companies, and women-led startups. This advancement coincides with new sectors like Aero & Space and Defence witnessing a 25% incentive increase.

(With inputs from agencies.)