Rajasthan, the largest (area-wise) state in India, is in the northwest part of the subcontinent. It is surrounded on the north and the northeast by Punjab, Haryana, and Uttar Pradesh, on the east and southeast by Uttar Pradesh and Madhya Pradesh, and on the southwest by Gujarat.
It is among the largest mineral-producing states in India. Around 81 varieties of minerals are available in the state and 57 minerals are produced on a commercial scale in the state. It also contributes significantly to the production of dimensional and decorative stones, such as marble,
sandstone, granite etc. The state is one of the leading tourist destinations in India. Historic palaces, especially those in Jaipur and Udaipur, offer opportunities to expand the luxury tourism segment, with an increasing number of tourists visiting wildlife sanctuaries and desert locations.
The state of Rajasthan signed the Letter of Undertaking (LoU) with the Ministry of MSME, Government of India on 15th September 2022. It submitted its Strategic Investment Plan (SIP) on 31st October 2023 and RPC approved projects worth Rs. 114.8 Cr for Rajasthan.