Rajasthan

Vedanta Ltd, the natural resources and energy conglomerate led by industrialist Anil Agarwal, has reported a cumulative contribution of Rs. 4.48 lakh crore to the government exchequer over the past ten fiscal years. In its latest Tax Transparency Report, the company emphasized its adherence to responsible and transparent tax practices. For FY25 alone, Vedanta contributed Rs. 55,349 crore, accounting for 37% of its consolidated revenue, with Rs. 54,595 crore remitted directly to the Indian exchequer.

Birla Corporation Ltd., the flagship enterprise of the M.P. Birla Group, has emerged as the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Rajasthan’s Jaisalmer district. The allotment follows a competitive e-auction conducted by the state government. Spanning nearly 500 hectares, the block lies in a region known for premium-grade cement limestone. With a winning bid of 20.60% as the final offer, the acquisition strengthens Birla Corporation’s access to critical raw materials.

Oil India Ltd (OIL), a state-owned enterprise, has successfully initiated natural gas production from the Bakhri Tibba block, a Discovered Small Field (DSF-III) located in the arid terrain of Rajasthan’s Jaisalmer district near the India-Pakistan border. The field has begun producing 67,200 standard cubic meters per day (SCMD), which is now being supplied to major downstream players including GAIL and Rajasthan Rajya Vidyut Utpadan Nigam Ltd.

Larsen & Toubro (L&T), one of India’s largest engineering and construction conglomerates, has secured significant engineering, procurement, and construction (EPC) contracts from the Public Health Engineering Department of Rajasthan. The cumulative value of these contracts is estimated between Rs. 1,000 crore and Rs. 2,500 crore, falling under the company’s classification of “significant” orders. The scope of the awarded projects includes extensive infrastructure for rural water supply, fluorosis mitigation, and system rehabilitation across multiple districts.

In a significant step toward enhancing self-reliance in critical mineral resources, India’s fifth auction round has seen state-owned and private sector firms secure key mineral blocks across the country. State-run Coal India, Oil India, NLC India, and Hindustan Zinc Ltd. led the bidding for graphite, vanadium, potash, halite, phosphorite, and rare earth element (REE) assets. The auctions also marked the nation’s first successful potash block auction.

As Rajasthan prepares to host the fifth edition of the Rajasthan Domestic Travel Mart (RDTM) in September 2025, a strategic stakeholder meet was convened in Udaipur and Kumbhalgarh to galvanize industry collaboration. Organized jointly by the Federation of Hospitality and Tourism of Rajasthan (FHTR) and the Department of Tourism, the event underscored the state's renewed push to position itself as a premier destination for leisure, weddings, cultural events, and MICE tourism.

Finance Minister Nirmala Sitharaman is set to review the progress of the "One State-One Regional Rural Bank" (RRB) initiative on May 6. This consolidation effort, which will reduce the number of RRBs from 43 to 28, aims to enhance operational efficiency and reduce costs. Starting May 1, 15 RRBs across 11 states will be merged into single entities, including in Andhra Pradesh, Uttar Pradesh, West Bengal, and several other states.

Shivtek Spechemi Industries Ltd., a leading manufacturer of speciality chemicals, has announced a strategic investment of Rs 650 crore to establish new manufacturing plants in Gujarat and Rajasthan. This expansion will significantly increase the company's production capacity from the current 1,50,000 metric tonnes per annum (MTPA) to 6,50,000 MTPA. The project, which includes plants near Hazira Port and in proximity to northern distribution hubs, will create over 500 new jobs within the next three years.

Daikin India has inaugurated its third research and development (R&D) centre in Neemrana, Rajasthan, marking a significant investment of ₹500 crore. This state-of-the-art facility, the largest of its kind in India for the HVAC and refrigeration industry, will play a pivotal role in developing cutting-edge, sustainable air conditioning products. Spanning over 24,000 square meters, the centre will employ more than 500 engineers and is designed to enhance the company’s competitiveness in both domestic and international markets, supporting Daikin’s global expansion plans.

Marriott Hotels, a leading global hospitality brand under Marriott Bonvoy, has unveiled its latest addition in India with the opening of the 226-key Udaipur Marriott Hotel in Rajasthan. Situated in the picturesque city of Udaipur, renowned for its scenic lakes and historical landmarks, the hotel offers a blend of modern luxury and Marriott's signature service. The launch reflects Marriott's continued expansion strategy in India, particularly in Rajasthan, a prime tourist destination.