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RIICO Opens 12th Phase for Industrial Plot Allotment
16 Jul
Summary
- Applications open until July 28 for industrial plot scheme.
- Scheme attracts investment from MoUs signed at investment summit.
- Over 5,000 plots offered across 100 industrial areas statewide.
Rajasthan State Industrial Development and Investment Corporation (RIICO) has commenced the 12th phase of its direct allotment scheme, inviting applications until July 28. This initiative, active from January 2025 to December 2026, aims to spur private investment and public-private partnership (PPP) models for industrial park development within Rajasthan.
The scheme extends benefits to entrepreneurs who committed during the December 2024 Rising Rajasthan Investment Summit. Investors who have not yet signed a Memorandum of Understanding (MoU) can still participate by meeting application and earnest money deposit deadlines. Industrial parks are categorized as A and D, with different development models.
RIICO is offering more than 5,000 industrial and logistics plots across over 100 designated areas. Direct allotment will occur for plots with single applications, while multiple applications will be processed through an e-lottery on July 31. The scheme seeks to foster a supportive industrial ecosystem with modern infrastructure and transparent processes.
Across its first 11 phases, the scheme successfully allotted 1,844 industrial plots, drawing investments exceeding ₹18,000 crore and creating over 37,000 jobs. An additional 466 plots are currently undergoing allotment, with potential investments estimated at over ₹2,100 crore.
