Rajasthan Launches Plug and Play Facility to Support MSME Growth
| Category | Details |
|---|---|
| Event | Plug and Play Facility in Sitapura SEZ, Jaipur, announced by Rajasthan government through RIICO. |
| Objective | Provide ready-to-operate industrial spaces to MSMEs with pre-built infrastructure for seamless operations. |
| Key Features | - Affordability: Minimal initial capital investment. <br> - Ease of Access: Quick establishment of operations. <br> - Sustainability: Supports MSME growth and self-reliant business environment. |
| Related Event | 'Rising Rajasthan: Partnership Conclave 2025' scheduled for 11th-12th December in Jaipur. |
| Special Economic Zone (SEZ) | - About: Duty-free enclave treated as foreign territory for trade and operations. <br> - Introduced in India: 2000 under Foreign Trade Policy. <br> - Operational SEZs: 276 in India. <br> - Exports (2023-2024): USD 163.69 billion. |
| RIICO | - Established: 1969 as RSIMDC, bifurcated into RIICO and RSMDC on 1st January 1980. <br> - Role: Industrial development and financial support for large, medium, and small-scale projects. |