Rajasthan is soon going to have a second special Japanese industrial zone that will focus on sectors such as ceramics and electronic systems design and manufacturing.
After the success of the first Japanese zone in Neemrana, the Rajasthan government will now develop a second industrial investment zone in Ghiloth, on nearly 500 acre of land.
Japan is the largest foreign investor in Rajasthan.
The Neemrana special Japanese Investment Zone is located in Alwar district over 130 km from Jaipur. Rajasthan State Industrial Development & Investment Corporation (RIICO) has earmarked 1,167 acre of land at Neemrana for the Japanese zone, and so far, more than 45 Japanese companies, including Daikin, Nissin Brake, Mytex Polymer and Nippon Pipe, among others, have invested Rs 4,200 crore in the zone.
Public Utility status has been granted to Neemrana for a period of three years, in order to ensure that factories located in the area have protection from labour strikes.
Moreover, the government has decided to reduce central sales tax (CST) from two per cent to 0.25 per cent on the sale of goods manufactured by the units in the two Japanese industrial areas, till 31 March, 2016.
More Project Info:
Ceramic & Glass Industrial Zone (Ghiloth)