Haryana gets investment commitment of Rs 3 lakh cr

Haryana has received investment commitments of Rs 3 lakh crore and the number is expected to rise further on the last day of the global investor summit tomorrow, Chief Minister Manohar Lal Khattar said today.
However, a statement released by the state government said that 11 Memoranda of Understanding (MoUs), involving investment ofRs 18,159 crore, were signed with differentcompanies on the first day of Happening Haryana Global Investor Summit which kicked off here today.
When the Summit was conceived five months ago, it was designed as the first event towards realising the goal of achieving an investment of Rs 1 lakh crore or USD 16 billion US dollars set when the policy was announced on August 11, 2015, the Chief Minister said in his address at the summit.

"But now, I am told by our Chief Secretary that the commitments so far had already exceeded this target by two hundred per cent. We hope by tomorrow, this number will see a still more substantial increase," he said.
"This reflects a resounding endorsement of the policy commitments and an appreciation of the steps taken by my government to implement these," he said.
According to the official statement, an MoU of Rs 15,000 crore for financial services signed with ICICI Bank.

Bharti Airtel signed a pact of Rs 2,000 crore investment in electronics, IT and ITeS sector.
Besides, an MoU involving an investment of Rs 283 crore was signed with Star Wire (India) Limited for manufacturing special and critical steel adopting high-tech technologies.

The MoU of Rs 200 crore was signed with Minda Kosei Aluminium Wheel Private Limited for automobile parts, alloy wheels, of Rs 190 crore with Honda for worker housing, and another MoU of Rs 150 crores with Plasser India Private Limited for manufacturing unit for track maintenance machines.
Apart from this, MoUs of Rs 100 crore each were signed with Minda Industries and Mindarika Pvt Ltd for automobile parts switches.
Another MoU of Rs 80 crore was signed with T G Minda for automobile parts rubber hoses and an MoU was also signed with Snapdeal for e-commerce, release said.
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Later in the day, a Haryana government release said the Day One of the summit was marked by signing of 38 MoUs with different companies and involved a total investment of Rs 1,28,740 crore.
These agreements included an MoU of Rs 45,365 crore for mixed use development, office and retail, smart city signed with M3M, Rs 12,823 crore and Rs 11,100 crore for infrastructure with Vatika Limited and IREO Private Limited respectively, release said.
Also, an MoU of Rs 500 crore for logistic park with Allcargo, of Rs 680 crore for solid waste management with Alqimi India Pvt Ltd and another involving an investment of Rs 125 crore for skill development with Amartex Group.

Among others, an MoU involving an investment of Rs 552 crore for food processing plant with Boortmalt India Holdings Private Limited, Rs 8,650 crore for solar energy with CLP, Rs 6,132 crore for infrastructure with Countrywide Promoters Private Limited, Rs 110 crore for CSR Initiative with DLF Foundation, Rs 200 crore for manufacturing of LED and Non-LED indoor lighting, fixtures and downlighters, the release said.
Likewise, an MoU of Rs 3,678 crore for food processing plant was signed with Indo European Sustainable Development (IESD) with associate partner ASACA India Private Limited, Rs 1500 crore for R&D with IOCL, Rs 1000 crore for electronic cluster with Jaina Mobile Industries (Karbon Mobile), Rs 280 crore for Food Processing with Karnal Foodpack Cluster Limited, Rs 850 crore for Solar Energy with Lanco were signed.

In infrastructure sector MoUs of Rs 8749 crore and Rs 5500 crore were signed with Omaxe and Puri Construction Private Limited respectively.
Also, MoU of Rs 710 crore for tourism with Swiss International Hotels, Rs 300 crore for automatic parking with UBE Industries, Rs 1000 crore for Electronics, IT and ITeS with Vodafone and Rs 490 crore with Wanfeng were signed, the release said.
British Deputy High Commissioner Chandigarh, British Deputy High Commission, David Lelliott said that they were planning to make an investment of Rs 1000 crore in healthcare sector in Haryana which would expect to generate 3000 jobs, it said.

With a view to encourage small and medium enterprises, the Haryana Government today said it has decided to reserve 20 per cent of its purchases for this sector.
A new policy would soon be introduced for this purpose. Also, the Government would create an e-Com portal which could be used by anyone for marketing their products.