The Rajasthan government under Chief Minister Bhajanlal Sharma introduced the Industrial Park Promotion Policy-2026 to attract private investment, boost industrial infrastructure, and generate large-scale employment, positioning the state as a future-ready industrial destination aligned with Make in India and Atmanirbhar Bharat goals.

Key features of the policy include four development models: fully private development, hybrid land-sharing arrangements, public-private partnership (PPP) mode, and government-led parks. A minimum area of 50 acres with at least 10 industrial units is mandatory for private parks. Incentives include exemption in electricity duty for renewable energy use, concessions in stamp duty and conversion charges, and a single-window clearance system through the 'Raj Nivesh Portal'. The state will ensure basic infrastructure — water, electricity, and road connectivity — with cost-sharing provisions between the government and developers. The policy also provides 50% reimbursement of expenditure on Common Effluent Treatment Plants (CETP), subject to a cap, and capital subsidies for infrastructure development.

The policy encourages private and PPP-led industrial park development as a departure from the earlier exclusively RIICO-driven model, democratising industrial park formation across regions of Rajasthan. It is especially significant for eastern Rajasthan districts and aspirational districts where industrial development has been historically limited. The policy aligns with Rajasthan's Invest Rajasthan Summit targets and the state's GDP growth ambitions.