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Why Investment in Udaipur

Udaipur is well connected by Air, Rail & Road

Air: Daily flights on Jet Airways, Kingfisher & Indian Airlines directly connects Jaipur, Delhi, Jodhpur and Mumbai.

Rail: Connected to Delhi, Jaipur and Ahmedabad by overnight express trains.

Road: Connected with two major highways. (a) NH-8 of Golden Quadilateral and (b) NH-76 of NSEW Corridor.

Udaipur is India's most renowned tourist destinations with a distinct character of its own.


1.2 million tourists a year.
Rs. 1800 crores annual spend.
Total zone population of 2.75 million.
Population of 1.1 million.
Highest per capita car population in India.
2 of the world's Best Luxury hotels like, The Oberoi Udaivilas & The Taj Lake Palace Hotel.
A rapidly growing city in India : tourism growing at a rate of 25%, Marble & Minerals at 30%, Higher education at 50% & Medical Institutions at 35% annually.
The state's highest revenue paying division for Central Excise, Income Tax, VAT & Royalty of Mineral.

EXPANSION OF INDUSTRIES

On account of its location and availability of better infrastructure facilities, industrial growth is noticeable in Udaipur district and surrounding area. Major industrial sectors in Udaipur include.


Agro based industries.
Cement & Cement based industries.
Chemicals & Fertilizer industries.
Engineering & Fabrication industries.
Plastic & Rubber industries.
Textile industries.
Soapstone industries.
Marble & Granite industries.
Mining & Minerals industries.
Electronics.
Handicrafts.

Hindustan Zinc Ltd. Chaderiya :

Undergoing expansion to increase capacity from 400,000 TPA of Zinc to 600,000 TPA at its Chaderiya Lead Zinc Smelter. It will be the Single Largest Zinc Smelter Plant of the World. Total cost of the expansion is around Rs.1600 Crores & is scheduled to be completed by Sep '07.

Secure Meters Ltd. Udaipur :

Going global, has acquired AEMS of U.K. & CEWE of Sweden. Setting up a new plant in Kaladwas, Udaipur that will increase employee strength from 900 to 1800. Company has further decided to extend air travel entitlement to lower level of employees as well.

Wolkem India Ltd. Udaipur :

World's largest producer of Wolastonite and India's largest producer of Calcide.

Vikram Cement Works, Neemuch :

Planning to expand capacity at the projected cost of Rs.150 crores. Project is likely to be completed by June '07.

Rajasthan State Industrial Development & Investment Corporation Ltd. :

There is a proposal to set up an SEZ for Marble Industry at a project cost of Rs. 500 crores.

Sangam India Ltd. Bhilwara :

Setting up a new Textile plant at a projected cost of Rs.500 crores in Raila near Bhilwara. Project is scheduled to be completed by October 06.

Nitin Spinners Ltd. Bhilwara :

Expanding capacity from 38,000 spindles to 90,000 spindles at a projected cost of Rs.208 crores.

R.K. Marbles (P) Ltd. :

Established in 1989 by Patni Group. By producing a 1,048,994 tonnes of marble in the year 2002, R.K. Marble Private Limited has been honoured by "The Guiness Book" for being the world's largest producer of marble. They have started marble mining at Majoli in Madhya Pradesh, which has been a breeding ground for the world's chosen 'Wonder Marble.

EDUCATION

With 3 existing universities; MLS University, Rajasthan Vidyapeeth & Agriculture University and higher education institutions of Engineering, Medical & Management etc. the region invariably heads towards growth in economy thereafter

INFRASTRUCTURAL GROWTH

Airport :

The present Maharana Pratap Airport is already declared as International airport and a new terminal building work is on progress, to be completed by early 2008. AAI also plans to extend the runway length to accommodate wide body aircrafts and increase the capacity of Aero bridges to 9 inviting more airline companies to Udaipur.

Highways :

Already connected with major highway, a 4 lane highway project is also under construction to connect Abu Road.

Rail :

Broad gauge work for Chittaurgarh : Ajmer is under process and Udaipur- Ahmedabad project is being planned.

Special Economic Zone (SEZ) :

A state govt. project to enhance the potential of marble and granite & the economic growth of the region.

Dams & Tunnels :

As lakes are the lifeline of the region "Mansi Wakal Project" will be completed in 2007 and will ensure that the City's lakes are never dry.

Educational Institutes :

The upcoming Sir Padampat Singhania University and the much projected IIT : Udaipur.

TRADE & COMMERCIAL GROWTH

Many MNCs, Banks, Finance companies, Insurance companies are opening their offices in the region. Some of the well known corporates are: ABN Amro, ING Vyasa, Indusind Bank, HDFC, ICICI, Max New York Life, SBI life, Bajaj Allianze, India Bulls & Anand Rathi to name a few.

RETAIL INDUSTRY

The profusion of souvenirs from Udaipur can be easily seen in the variety & number of Handicrafts from Shilpgram or Hathipole and miniature paintings - an offshoot of the Mewar school which are prized items from Udaipur. Small shops selling tie and dye fabrics, brightly coloured toys, pichwais, ornamental swords, enamel & silver jewellery and terracotta (a variety of clay pottery) apart from being highly regarded export goods are the 'must buys' here. The main shopping centres of Udaipur are Chetak Circle, Bapu Bazaar, Hathipol, Palace Road and Bada Bazaar.

TOURISM & HOSPITALITY INDUSTRY

Southern Rajasthan is an important destination for rural tourism & Udaipur with its age-old forts, palaces & relics frozen in history holds a prominent place in the world map today. Rural Tourism is the temporary movement of people to destinations outside the urban areas for rest, recreation, adventure and pilgrimag

A preferred Heritage destination, Udaipur, is one of the Top Five favourite Tourist spots in the World with one out of every three foreigners definitely visiting the city. The range of sightseeing options in and around the city attracts foreigners & Indians alike. Adding to the popularity, much of the Indians and NRIs frequent Udaipur for their annual holy sojourns; Shrinathji & Eklingji apart from the numerous ancient temples are the 2 important places for hindu pilgrimage.

A unique business potential for the city is the 'Royal Wedding' concept : a creation of packages with palatial venues gives a special opportunity for celebrating occasions in regal splendour. An average of 10 such extravagant events take place in Udaipur every year.

Udaipur has the presence of all major Hotel Chains. The Oberoi Udaivilas & The Trident Hilton, The Taj Lake Palace, The HRH : The largest Heritage Hotel chain in the country & The Grand Laxmi Vilas Palace together constitute the 5Star & Luxury range of accommodation all of which account for the major bulk of upper class tourist clientele visiting the city. These, along with the various other 3 Star & Heritage Hotels collectively account to a total rooming capacity of appx. 1000.

Also coming up is a Luxury Resort by Leela Group & 5Star Deluxe Hotels by Radisson and The Mansingh Group which will further add 350 more rooms & prominent Conference facilities.

With the opening of International Hospitals; projected medical, engineering & management institutes, the Hospitality & Tourism sector is set to get boosted further.

Design by RIIB, Udaipur

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