The Government of Rajasthan, under Chief Minister Bhajanlal Sharma, launched the Industrial Park Promotion Policy 2026 in March 2026 to attract domestic and foreign investments, develop world-class industrial infrastructure, and generate large-scale employment across the state.

The policy introduces three development models: fully private, Public-Private Partnership (PPP), and RIICO (Rajasthan State Industrial Development and Investment Corporation) hybrid models. Key features include a minimum land requirement of 50 acres for private industrial parks, with at least 10 industrial units mandated per park. The policy expands eligible sectors to include manufacturing, logistics, IT services, hospitality, data centres, and renewable energy. Financial incentives include capital subsidies up to ₹40 crore (project-size dependent), 50% reimbursement for effluent treatment plants (capped at ₹12.5 crore), electricity duty exemption for renewable energy use, concessions on stamp duty and land conversion charges, and single-window clearance through the 'Raj Nivesh Portal'.

The policy builds on the momentum of Rajasthan's ₹8 trillion MoU groundings from its December 2024 Rising Rajasthan Global Investment Summit. With Rajasthan's strategic location — bordering five states and connected to major national highways — industrial parks can unlock the state's potential as a logistics hub. The policy also emphasizes green infrastructure, aligning industrial growth with Rajasthan's solar energy capabilities and the national goal of Viksit Bharat 2047.