RIICO, Rajasthan State Industrial Development & Investment Corporation Ltd is a state-owned public sector undertaking company, headquartered in Jaipur, Rajasthan, India. It was established in 1980 to promote industrial development and investment in the state of Rajasthan. RIICO is one of the largest investors in the state with a portfolio of around 1,000 projects across a wide range of sectors including textiles, food processing, power and renewable energy, metals and mining, medical devices and chemicals. It has also developed Jaipur into an important business hub and has created over 100,000 jobs in Rajasthan
Rajasthan State Industrial Development
The Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO) was established on 1st January 1980 with the objective to promote industrial development in Rajasthan and creating employment opportunities. The Corporation has been mandated with the following tasks:
-To undertake corporate and financial restructuring of public sector undertakings;
-To provide industrial finance through concessional/non-concessional credit, export credit, and guarantees;
-To provide inputs for setting up new industries and facilities;
-To develop new industrial areas and industrial clusters in Rajasthan
-To identify potential areas for investment by private investors in partnership with Government;
-To scout for Foreign Direct Investment (FDI) projects.
How to Buy Industrial Land /Plot from RIICO
If you are looking for industrial land in Rajasthan, RIICO . RIICO has a large database of industrial land available for sale or lease. You can find large or small industrial land in Rajasthan through Riico or through Private Market.
Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO) Achievements
Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO) is the state-owned investment and development corporation of Rajasthan. It was established in 1980 to promote industrialisation and growth in the state. RIICO has a portfolio of development projects, including power, petrochemical, textile, tourism and information technology and development on industrial parks. The corporation has developed a number of industries in Rajasthan, including aluminium smelting, cotton textiles, pharmaceuticals, food processing and engineering. RIICO has also invested in IT infrastructure and greenfield projects.
Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO) Areas of Focus
RIICO is a public sector company established to promote industrial development and investment in Rajasthan. The company has four areas of focus:
1) Fertilizer Industry
2) Textile Sector
3) Food Processing
4) Automotive Components
5) Gems & Jewellery
Documents are required
- Application form (available from RIICO or online)
- Proof of industrial unit (factory registration, industrial license, etc.)
- Land documents (ownership proof, lease agreement, etc.)
- Proof of identity and address of the authorized signatory
- Project report or description of water requirements
- No Objection Certificate (NOC) from local authorities, if applicable
Procedure steps to be taken to submit online application
Step-1. Any enterprise/corporate body shall apply online for new water connection
at his premises by filing up the application form available on the portal
http://swcs.rajasthan.gov.in. The applicant shall upload scanned copies in
PDF/JPEG/JPG/PNG/BMP file format (max. size 1 MB) of following three
documents for verification using their digital signature certificates:
(A1) Self attested true copy of ownership of premises or land such as
Allotment letter/Sale Deed/Patta/Agreement (registered or nonregistered).
or
‘No Objection’ certificate from the owner of the building or land for
the water connection in case the applicant is a tenant/lessee and
copy of tenancy/lease agreement.
(A2) Existing/proposed building plan clearly showing total built up area of
building.
Step-2. Online application, received in accordance with Step-1, shall be processed
by the Superintending Engineer and will arrange for survey of the site by
Assistant/Junior Engineer concerned to assess feasibility of the distribution
network for new water connection. Outcome of feasibility report shall be
informed to the applicant within 4working days from the date of submission
of online application. Detail reasons shall be intimated to applicant for nonfeasible connections. For feasible connection, the applicant will also be
informed simultaneously about the amounts to be deposited towards (i)
Connection charges, (ii) Security Deposit, (iii) One time Charges, (iv) Meter
Charges, (v) Fixed Charges, (vi) Outstanding dues of previous connection,
(vii) Estimated road cut measurement &amount and (viii) Special Charges.
The applicant shall deposit all due amounts online through E-payment.
Tracking facility/monitoring of application is also available on website. The
applicant can track/monitor status of application online through website.
Step-3. As soon as all due payments are received as per Step-2, the applicant shall
be intimated immediately to `proceed for pipe fitting’. The applicant shall
make his own arrangement for pipe fitting at his own cost at the said
premises as per the departmental specifications and drawing. The applicant
shall submit a certificate in the prescribed format after completion of pipe
fitting. The applicant shall then upload the certificate and photograph of
pipe fitting.
Step-4. After online receipt of certificate and photograph of pipe fitting, the water
connection shall be released within next 3 working days.
TIME LINE
S. N. Action Time period
1 Feasibility report after receipt of
online application
4 working days from date of
submission of application
2 (i) Connection charges, (ii) Security
Deposit, (iii) One time Charges, (iv)
Meter Charges, (v) Fixed Charges,
(vi) Outstanding dues of previous
connection, (vii) Estimated road
cut measurement
& amount and (viii) Special
Charges
4 working days after receipt
of online application for
feasible connection (along
with feasibility report)
3 Clearance to `proceed for pipe
fitting’
Immediately after receipt of
all due payments (system
generated)
4 Release of water connection and
installation of water meter
Within 3 working days after
online submission of
certificate and photograph of
pipe fitting
FAQs
What is RIICO?
RIICO (Rajasthan State Industrial Development and Investment Corporation) is a government agency responsible for the development of industrial infrastructure in Rajasthan, India. It facilitates various industrial services, including water connections for industrial purposes.
What is an industrial water connection with RIICO?
An industrial water connection with RIICO provides a dedicated water supply to industrial units for their operational needs. This connection is crucial for manufacturing processes, cooling systems, and other industrial activities that require significant amounts of water.