Rajasthan is a popular tourist hotspot in India. It is also famous for countless entrepreneurial ventures apart from its majestic palaces, vibrant culture, and amazing festivals. In addition, the mineral-rich land is home to various industries that thrive upon the state’s natural resources. As a result, many businesses are booming in Rajasthan and contribute highly to the economy of the state. Some leading industries of Rajasthan are agriculture, minerals, and cement. Today, let us discuss the top 10 sectors where Rajasthan is in demand.
Rajasthan has an abundance of minerals. Moreover, some of the most common ones are Wollastonite, lead, zinc, calcite, gypsum, rock phosphate, etc. Hindustan Zinc, the world’s leading zinc, silver, and lead producer, is headquartered in Udaipur. ‘Museum of minerals’ is yet another name for this state. However, you will find different Rajasthan projects for investment in minerals across the state.
Not to mention, the cement industry is one of the key industries of Rajasthan. The state has 24 cement plants, producing a total of 55 million tons per annum (MTPA). Furthermore, Rajasthan accounts for over a total of 15% of India’s cement production. Large limestone reserves are the key strength of Rajasthan’s cement industry.
This industry in Rajasthan is witnessing major growth in recent years with the leading cement producers being ACC Cement, JK Lakshmi Cement Limited, and Shree Cement Limited.
Moreover, the agriculture sector contributes up to 30% to the economy of Rajasthan. And as a result, the vast majority of the total population of Rajasthan depends on agriculture for employment and livelihood. Among the many crops grown in the state, the most prominent ones are wheat, barley, sugarcane, and pulses. Likewise, the important cash crops are tobacco and cotton. Rajasthan is also the largest producer of edible oils in the country.
The jewelry sector is obviously quite popular in Rajasthan. Different types of Rajasthani jewelry are crafted by local artisans. These handmade pieces are loved by tourists visiting the state. Not to mention, Jaipur and Jodhpur are the popular hubs for Meenakari, Jadau, Kundan, and Lac jewelry. Rajasthan is a leader in the colored stones segments of gemstones and gems jewelry. This sector is one of the most profitable businesses in the state.
Know more about Rajputana jewelry: https://rajasthanstudio.com/top-jewellery-designs-of-the-rajputana-community/
Rajasthan is well known for its textiles far and wide across India. These textiles are known for their intricate design and high quality. Various communities of Rajasthan are involved in producing these textiles across the state. Some of the textiles of Rajasthan famous all across the globe are Bandhani, Kota Doria, Leheriya, and Bagru. Rajasthan contributes 11% of the total fabric imported from India.
Dive into the textile industry of Rajasthan: https://rajasthanstudio.com/sneak-peek-into-the-textile-industry-of-rajasthan/
6. Spice Store
Rajasthan is estimated to produce about 1234 metric tons of spices in 2021, making this sector one of the best businesses here. Some of the spices produced abundantly in the state are Ajwain, Fennel Seeds, Turmeric, Coriander, Cumin, and Fenugreek. Since spices are a specialty of Rajasthan, they attract a lot of tourists and food connoisseurs.
7. Wedding Planner
Rajasthan is one of the go-to states for destination weddings. Hence, being a wedding planner in this state is one of the most profitable businesses. Everyone loves destination weddings to cherish the best moments of their lives with their loved ones. The majestic Jal Mahal, Umaid Bhawan Palace, Taj Lake Palace, and Rambagh Palace are the most desired venues for a big fat destination wedding.
Livestock is a major sector contributing to the economy of Rajasthan. The sector is also essential in generating employment opportunities for the people of the state. It aids in generating food and dairy products. Rajasthan ranks second in the production of milk in India.
Being host to historic monuments, extravagant palaces, innumerable festivals, and bountiful artifacts, Rajasthan undoubtedly attracts a vast number of tourists to its land each year. Tourism is always on the rise in this city and tourists from all across the corners of India and the world visit the land of kings to witness its rich culture and heritage.
10. Sweet Shop
The land of Rajasthan serves a variety of irresistible sweets. However, every city offers different specialties. Some renowned delights of Rajasthan are the Rabri Ghevar, Dilkushar, as well as Doodhiya Kheench, Balushahi, and Churma Laddoo. These sweets melt in the mouth and offer a delectable and decadent taste like no other, hence this sector contributes widely to Rajasthan’s growing economy.
With so many prominent sectors, Rajasthan stands out to be one of the fastest-growing lands in terms of business opportunities and development. In the same fashion, Kota happens to be one of the leading business hubs in the state for the cement, mineral, and stone industries. If you’re looking to invest in projects or start your entrepreneurial venture in this state, make sure to pick one among these top 10 sectors where Rajasthan is in demand.
Also follow Rajasthan Studio on Instagram for more amazing art and travel content. Reach out to us on email at contact[at]rajasthanstudio[dot]com. This blog is curated by Rajasthan Studio and written by Romana Shaikh.