Haryana hoping Rs 1-lakh crore worth investments from biz summit

Haryana will host investors' summit on March 7-8 in Gurgaon

The Haryana government is expecting to attract investments worth over Rs 1 lakh crore in its first-ever investors' summit, to be held in Gurgaon in March, a state minister said here on Saturday.

In the build-up to the March 7-8 investors' summit, Chief Minister Manohar Lal Khattar and state Industry Minister Capt Abhimanyu held a road show in the city, inviting investors.

"On the investment front, we have been doing really well. In 2015, we attracted investments worth over Rs 20,000 crore. In our first-ever investors' summit, we have ambitions to garner investment worth over Rs 100,000 crore and generating employment of at least 400,000," Abhimanyu told media persons.

Khattar held meetings with city investors during the day and said discussions were made for investments worth Rs 5,000 crore.

"So far, we have met over a dozen investors here and had discussions of investment of at least Rs 5,000 crore. We will be meeting some more investors and are confident that the investmnet figure will rise," he said.

Projecting Haryana as the ideal destination for investment, Khattar cited the state's geographical advantage and the state government initiatives in ensuring ease of doing business.

"With at least 57 per cent of area under the National Capital Region, Haryana enjoys locational advantage. We are a power surplus state besides there is sufficient land for any project," he said.

Talking about ease of doing business, Khattar said for projects worth Rs 10 crore or less, the procedural clearance will be done at the local administration level.

"We have not only created a single-window clearance for the projects, but we have identified 31 administrative blocks where investors will be given auto certification for change in land use," he added.