India Stonemart 2028 Set for a Global Leap: Mega MoU Signed, Rajasthan Eyes Record Foreign Investment and Worldwide Stone Trade

Rajasthan has taken a major step toward becoming a Global Industrial Hub with the signing of a landmark Tripartite MoU for India Stonemart 2028. The event is expected to attract international investors, buyers, architects, and industry leaders from across the world.

Jun 16, 2026 - 17:05
Jun 16, 2026 - 17:08
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India Stonemart 2028 Set for a Global Leap: Mega MoU Signed, Rajasthan Eyes Record Foreign Investment and Worldwide Stone Trade

Ananya soch: In a significant move to strengthen Rajasthan’s position in the Global Stone Industry, a Tripartite MoU was signed between Rajasthan State Industrial Development and Investment Corporation (RIICO), Centre for Development of Stones (CEDOS), and Laghu Udyog Bharati for the organization of India Stonemart 2028.

The agreement was signed at Constitution Club, Jaipur, in the presence of Industries and Commerce Minister Colonel Rajyavardhan Singh Rathore, Minister of State K.K. Vishnoi, Additional Chief Secretary Shikhar Agrawal, RIICO MD Suresh Ola, and leading representatives of the stone and MSME sectors.

Addressing the gathering, Colonel Rathore said Rajasthan’s vision is to emerge as a leading Industrial Hub, creating large-scale employment opportunities for youth while strengthening exports and investments. He emphasized that India Stonemart 2028 should surpass the success of previous editions and become a benchmark for international business exhibitions.

The minister called for greater participation from foreign countries, record international buying, increased involvement of global investors, and a stronger focus on modernization, innovation, and startups. He also suggested studying successful stone exhibitions in Italy, China, London, and other international markets to adopt global best practices.

Highlighting the significance of the agreement, Rathore described the MoU as a unique convergence of Technology, Infrastructure, and MSME Trust. While CEDOS contributes expertise in stone technology, design, and testing, RIICO brings infrastructure and financial strength, and Laghu Udyog Bharati represents the confidence of the MSME sector.

In another major announcement, Industries and Commerce Minister of State K.K. Vishnoi revealed that Rajasthan is preparing to enter the Semiconductor Manufacturing sector. He stated that new policies have been introduced to facilitate investment and industrial expansion, with nearly 34 new industrial policies already implemented.

A special session during the event focused on emerging technologies, innovation, export promotion, global market opportunities, and challenges facing the stone industry. Industry experts and government representatives discussed strategies to enhance Rajasthan’s competitiveness in international markets.

The 14th edition of India Stonemart will be held from February 17 to 20, 2028, with roadshows planned in 11 countries, signaling Rajasthan’s ambition to transform the event into one of the world’s premier stone industry platforms.