South Indian firms keen to invest in Haryana


Chief Minister Manohar Lal Khattar said February 11 that several leading companies of South India had offered to invest in the state to the tune of Rs 3,000 crore. He was addressing a press conference after attending a meeting with entrepreneurs in Chennai , a press release by the government spokesperson said. He also announced […]


manohar-lal-khattarChief Minister Manohar Lal Khattar said February 11 that several leading companies of South India had offered to invest in the state to the tune of Rs 3,000 crore.

He was addressing a press conference after attending a meeting with entrepreneurs in Chennai , a press release by the government spokesperson said.

He also announced that the state government would soon unveil its new Labour and IT policies. The new Labour Policy would be more industrial and labour friendly, said the CM.

He said a skill development university was also being set up in the state.

He said the chief executive officers and business captains of 12 leading companies of South India met him and expressed their interest in establishing their units in Haryana in logistic, manufacturing, food processing, infrastructure, glass industry and education sectors. Prominent among these included Gati Limited, Siemens Industry Software Limited, LUKAS TVS Limited, Saint Gobain India, SCHWING Stetter (India) Private Limited and Farm Fresh Banana.

The Chief Minister also invited the entrepreneurs to participate in the Happening Haryana Global Investors Summit-2016 to be organised in Gurgaon on March 7 and 8 and also in the Haryana Pravasi Diwas on March 9.

When asked to comment on the quantum of investment, which Haryana is expecting to get during the Happening Haryana Global Investors Summit-2016, the CM said the state government had signed 20 MoUs with the leading companies and the Wanda Group of China alone had offered to invest $10 billion in the state.

“Considering the overwhelming response shown by the entrepreneurs in the new Enterprises Promotion Policy-2015, we hope to exceed the target of Rs 1 lakh crore. We have a target to provide employment opportunities to four lakh people in the state,” said Khattar.

On being asked about the incentives being offered to the Micro-Medium and Small Enterprises (MSMEs), the CM said the state had been segregated into four sectors.

Source: The Tribune

Image Courtesy : Indiatoday

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