Haryana receives investments up to Rs 8600 cr in Mega Investment Category

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Manohar Lal Khattar

As there has been no drop in the status of Haryana being a preferred location for investment seeing the fact in the past one year, Haryana has received six investments in Mega Investment Category (more than Fixed Capital Investment of 100 crores) with an anticipated investment of Rs 8600 crores and employment generation of 9100. The State also attracted the total investment of Rs 7500 crores in 68 large and medium and 42,624 micro and small units generating employment of more than three lakh persons. The Town and Country Planning Department, Haryana has approved 187 cases of  Change of Land Use (CLU) for investment for industrial purposes.

This was disclosed by Chief Secretary Haryana, Keshni Anand Arora in a meeting of various departments held to review the progress of Ease of Doing Business Rankings for the year 2019-2020 held today. Principal Secretary, Industries and Commerce Department, Apoorva Kumar Singh and other senior officers were also present in the meeting.

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has allotted 914 number of plots to entrepreneurs bringing 281 acres of land under industrial activities and attracting investment of Rs 3,600 crore approximately. However, for the year 2020-21, HSIIDC has allotted a total number of 51 plots thereby attracting an investment of Rs 7500 crore approximately. This shows our continuing commitment to promoting Haryana as a preferred destination for industrial investments, said the Chief Secretary.

Giving details about the 12 mega projects in Haryana, the Chief Secretary further since 2016, seven business tycoons from India and abroad have invested a whopping amount of Rs 1759 crore in Haryana. Not only this, taking 2020 and coming year 2021 in the account, furthermore five more MNCs including two foreign companies are geared up to invest  Rs 8094 crore in Haryana.

It was informed that the business giants who have invested in Haryana this year include Gurutech Infra Earth Private Ltd company. The company will invest Rs 109 crore in Panchkula. Similarly, Aarti Greentech Limited will invest Rs 151 crore in IMT Rohtak, Adani Wilmar Limited will invest Rs 450 crore in Mundlana, Sonipat, Wonder Cement Limited will invest Rs 300 crore in Jhajjar and Amperex Technology will invest Rs 7083 crore in IMT Sohna.

Also Read: Haryana to focus on aerospace & aviation as thrust sectors in new industrial policy

Meanwhile, since the last four years, seven companies have invested in Haryana. The list of the companies include Can Pack India Private Limited Company with an investment Rs 500 crore in Nuh and the company has also provided employment opportunities to 160 people. The Panasonic India Private Limited Company has invested Rs 95 crore in Jhajjar and has provided employment opportunities to 184 people. Similarly, Kandhari Beverages Private Limited Company has invested Rs 350 crore in Ambala and has provided employment opportunities to 220 people. Starwire (India) Private Limited company invested Rs 235 crore in Ballabhgarh, Faridabad and provide employment opportunities to 1081 people. Likewise, Atotech Development Center Private Limited Company has invested Rs 301 crore in Gurugram and has provided employment opportunities to 108 people. M/s Enrich Agro Food Products has invested Rs 218 crore in IMT Rohtak and has provided employment opportunities to 120 people. The KAP Cones has invested Rs 60 crore in Dharuhera, Rewari in the First phase and had provided employment opportunities to 60 people.

The Chief Secretary said that the annual Ease of Doing Business (EODB)  rankings consider two dimensions: implementation of reforms and the feedback from users. The first thing to note is that as per the information released by the Government of India till now Haryana’s score on implementation of Reforms is 100 percent. This is an improvement from 99.73 percent score on implementation of reforms in 2017 when Haryana ranked third in the country.

She said that the score on the basis of the feedback has yet not been released by DPIIT. In 2017 on this count Haryana’s score was 82.89 percent. Whether the State has improved on this count also or not would be known only when this data is released. However, a drop in the rank certainly indicates that some states have improved their feedback scores more than us, the Chief Secretary said.

“Let us wait for the release of numbers to assess whether the relative drop also indicates an absolute drop on the feedback score or not. But either way, all departments will ensure that no laxity occurs in the implementation of reforms and good user experience in the ongoing reform drive of the state government so as to improve not only the EODB ranking but also the Ease of Living Index ranking, said, the Chief Secretary.

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