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Big corporates pledge investment in Haryana

Press Trust of India  |  Gurgaon 

Several big corporate houses, such as China-based Dalian Wanda, real estate major DLF, Indiabulls Group, and Jindal Realty, today pledged huge investments in over the coming years.

On the first day of the two-day Happening investor summit here, Indiabull Group announced an investment of Rs 25,000 crore and committed Rs 20,000 crore in next 5-10 years.

Jindal Realty plans to invest Rs 1,800 crore in four projects.

Speaking at the occasion, Wang Jianlin, Chairman of Dalian Wanda Group said his company attach great importance to partnership with

"We are working with the Haryana Government to set up a super large project, where 150,000-200,000 jobs will be created," he said.

Vice-chairman of Rajiv Singh the company has been an active participant in Haryana's development over the past 70 years.

"(We) are convinced that the state is entering an unprecedented era of development. We will invest more than Rs 20,000 crore in the next 5-10 years," he said.

YC Deveshwar, Chairman of said his company will invest Rs 550 crore in food processing.

Dilip Shanghvi, Managing Director of Sun Pharmaceutical said: "Our research centre in Gurgaon has 1,100 scientists. We thank the state government for facilitating this sector through the EPP 2015. We are planning to set up a training centre in Gurgaon".

Godrej Group, which has seven real estate projects in the state, plans to further increase investment.

"We are looking forward to setting up more in the near future. We are very optimistic about our real estate investments," said Group Chairman Adi Godrej.

Adani Group Chairman Gautam Adani, Chairman and Managing Director of Hero Motocorp Pawan Munjal, Chairman of Essel Group and ZEE Subhash Chandra and Chairman of Maruti Suzuki RC Bhargava were among the several big corporate leaders who spoke on the occasion.

Narayana Murthy, Chairman Emeritus, Infosys and Indra Nooyi, Chairperson and CEO, PepsiCo participated in the summit through video conferencing.

First Published: Mon, March 07 2016. 22:02 IST