Industrial Land Allotments by RIICO Surge 45% in BJP Govt’s First Two Years

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Jaipur, April 9: Industrial plot allotments by the Rajasthan State Industrial Development and Investment Corporation (RIICO) have surged by 45 % during the first two years of the BJP-led government, compared to the previous Congress administration.

According to official data, 3,055 industrial plots were allotted in FY 2024‑25 and FY 2025‑26, up from 2,105 plots during the same period under the previous government. Officials attribute the rise to investor-friendly reforms, streamlined land allocation, and improved infrastructure across the state’s industrial areas.

Key initiatives driving growth include:

Opening 33 new industrial areas to expand land availability.
Offering plots at 60 % of standard reserve price in underutilized zones.
Reducing lease periods from 99 years to 33 years to lower entry barriers.
Reclassifying land use to allow a wider range of industries.

RIICO has also extended the direct allotment scheme until December 2026 and relaxed rules for MoU-linked allotments, enabling faster project initiation.

Suresh Agarwal, President of the Federation of Rajasthan Trade and Industry, said these measures have boosted investor confidence and strengthened the state’s industrial ecosystem.

The government views these allotments as a step toward positioning Rajasthan as a leading industrial hub, creating employment and attracting diverse sectors.

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