Haryana receives proposals worth Rs 20,000 crore

Image
Press Trust of India Mumbai
Last Updated : Feb 14 2016 | 6:48 PM IST
The Haryana government today said it has received investment commitments worth Rs 20,000 crore in various sectors such as renewable energy, retail and logistics.
"Today, we have received Rs 20,000 crore worth of offers to do business from over 18 people," Haryana Chief Minister Manohar Lal Khattar told reporters here on the second day of the Make in India (MII) Week here.
"These are in the areas of logistics, renewable energy, retail, among others and we expect to cross our target of Rs 1 lakh crore worth of investment deals ahead of the investor summit next month," he added.
Khattar also mentioned that the Wanda Group of China had signed a Memorandum of Understanding worth Rs 65,000 crore.
The Chief Minister expects investment from all sectors that can give employment to Haryana youth as the state looks to create 4 lakh jobs.
Haryana recently unveiled a new 'Enterprise Promotion Policy', which is targeting ease of doing business and transparency to attract more investments into the state.
On ease of doing business, Khattar emphasised that Haryana is working towards being among the top five states in the country.
As the state is in the forefront of automobile manufacturing, several companies including Ashok Leyland, TVS as well as Maruti are looking to set up more production facilities in the state, he added.
Haryana is also looking at attracting new sectors like aviation and defence.
"We are keen to attract investments in segments that are not present in the state particularly aviation and defence. We have already indicated our interest in creating an aviation hub in Hisar where we have 3,500 acres of land available," Haryana finance minister Captain Abhimanyu said here.
The 'Happening Haryana-Global Investors Summit 2016' is scheduled for March 7 and 8 in Gurgaon.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2016 | 6:48 PM IST

Next Story