India, Sept. 11 -- NBCC (India) Limited has inked a Memorandum of Understanding (MoU) with the Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) to develop the landmark Rajasthan Mandapam and allied infrastructure near Jaipur International Airport on Tonk Road. Valued at approximately Rs 3,700 crore, the project marks a significant milestone in strengthening cooperation between the Government of India and the Government of Rajasthan.

The MoU was signed at a ceremony in Jaipur attended by Rajasthan Chief Minister Shri Bhajan Lal Sharma, Industry Minister Col. Rajyavardhan Singh Rathore, Chief Secretary Shri Sudhansh Pant, Additional Chief Secretary to CM and RIICO Chairman Shri Shikhar Agrawal, and NBCC CMD Shr...