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Mission ₹30 trillion: Push for startups, thrust on AI and EVs need of the hour

Business Standard

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August 21, 2025

Rajasthan's main attraction for investors is not the incentives that it gives, nor the infrastructure it has built, but the peace, harmony and relationship it provides to them, said Subodh Agarwal, chairman and managing director (MD) of Rajasthan Financial Corporation.

- BS REPORTER

Mission ₹30 trillion: Push for startups, thrust on AI and EVs need of the hour

He added that each Rajasthan Investment Promotion Scheme (RIPS)—starting 2014—is an improvement over the other, but what is more important is that people choose to invest in Rajasthan for the value system it provides.

The panel discussion was held as part of Business Standard Samriddhi-Rajasthan 2025.

Business Standard launched its 14th English and 7th Hindi edition from Jaipur on Wednesday.

Business Standard's AK Bhattacharya moderated the panel discussion.

Ajay Data, managing director of Data Group of Industries, and Digvijay Dhabriya, chairman of PHDCCI (Rajasthan chapter), were other panellists in the discussion.

"Rajasthan is growing with every step and one of its main strengths is its natural resources," Agarwal said.

Data said the state needs to move more aggressively in promoting startups and foster innovation.

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