India Prime Bureau | Jaipur RIICO Records Five-Fold Jump in Industrial Land Allotment. Rajasthan’s industrial development has gained significant momentum in the first quarter of the financial year 2026–27, with the Rajasthan State Industrial Development and Investment Corporation (RIICO) recording a more than five-fold increase in industrial land allotments compared to the corresponding period last year.

Driven by the vision of Chief Minister Bhajan Lal Sharma to accelerate industrialisation and strengthen the state’s investment ecosystem, RIICO allotted 1,038 industrial plots (including offer letters) between April 1 and June 30, 2026, compared to 214 plots during the same period in FY 2025–26.

The value of industrial land allotted also witnessed a substantial increase. During the first quarter of FY 2026–27, RIICO allotted land worth approximately ₹1,364 crore, against ₹584 crore in the corresponding quarter of the previous financial year.

Infrastructure Development Also Accelerates

Alongside land allotments, RIICO significantly expanded investment in industrial infrastructure.During the first quarter of the current financial year, the corporation issued 899 work orders worth ₹385 crore, compared to 812 work orders valued at ₹221 crore during the same period last year.

The increased investment is aimed at strengthening industrial infrastructure and providing better facilities to existing and prospective industries across Rajasthan.

Faster Expansion of Industrial Areas

RIICO also reported major progress in acquiring land for the development of new industrial estates.During the April–June quarter of FY 2026–27, the corporation spent ₹146 crore towards payments for land allotted by various government departments, more than double the ₹64 crore spent during the corresponding period last year.

The accelerated land acquisition is expected to facilitate the establishment of new industrial zones and accommodate future investment proposals.

RIICO MD Highlights Investment Momentum

Suresh Kumar Ola, IAS, Managing Director, RIICO, said the sharp increase in industrial land allotments, infrastructure development and expansion of industrial areas reflects Rajasthan’s growing attractiveness as an investment destination.

He said the corporation’s sustained efforts will play a crucial role in generating new investments, creating employment opportunities and supporting the state’s long-term industrial growth. According to him, RIICO continues to set new benchmarks each year while giving fresh momentum to Rajasthan’s industrial development.

Key Numbers at a Glance

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