BOOST TO INDUSTRY

 

• New Industrial Policy (NIP) formulated for rapid industrialization and employment generation.
• 682 new industrial units providing employment to 10,000 persons set up with an investment of Rs. 230 crore.
• Record investment proposals of more than one lakh crore rupees received after the implementation of NIP.
• First State to introduce a Labour Policy aimed at protecting rights of workers and creating an atmosphere of mutual trust.
• Special Economic Zones (SEZs) Act passed. 20 SEZs with an investment of Rs. 87,000 crore to be set up. Ten SEZs already approved by Central Government.
• MoU signed with Reliance Industries Limited to set up country's largest SEZ over an area of 25,000 acres.
• Investment Promotion Centres set up in Delhi and Chandigarh to serve as Single Window Agencies.
• A Mega Petro-Chemical Hub being developed near Panipat to catalyse investment of Rs 30,000 crore.
• Industrial model townships being developed at Faridabad and Kharkhauda.
• Decision taken to set up Central Institute of Plastics Engineering Technology (CIPET).
• Dedicated industrial estates like Precision Tools Complex at Rohtak, Footwear Park at Bahadurgarh, Agriculture
• Implements Cluster at Karnal and Apparel Park at Barhi (Sonipat) being established.
• Major policy initiatives to further increase software exports, State ranks third in the country.
• Special attention to infrastructure needs of services sector including BPO industry, particularly in Gurgaon area.

The state has been able to attract sizable investment from multinational companies, large business houses, foreign investors, non-residents Indian and Small scale entrepreneurs. Haryana is an investor friendly State and offers a rich reservoir of skilled, motivated and relatively low-cost manpower with a good infrastructure and harmonious industrial relations. A lilliput in size but a giant in attainment, with just 1.37 percent of the country’s geographical area and 1.97 percent of the country’s total population, the state is proud of being one of the first few States with the highest per capita income in the country.
Haryana currently produces two third of passenger cars, fifty percent of tractors, sixty percent of motor cycles and fifty percent of refrigerators manufactured in the country. About twenty-five per cent of India’s Total production of Sanitary-ware is from Haryana. One out of every four bicycles in the Country is manufactured here. The number of large and medium units in the State has increased from 162 in 1966 to 1212 today with a capital investment of Rs.225 billion while employing 2 lakhs persons and producing goods worth Rs.12800 crores.
The State has already 857 projects with foreign technical collaboration. To mention only a few Maruti Udyog Limited, Hero Honda, Modi Alcatel, Escorts, Sony India, VXL India, whirlpool Industries, Wipro Ltd., Perfitti India, DCM, Benetton, TDT Copper Ltd., Asahi India Safety Glass Etc. Some Major Units in the public sector are HMT Ltd., National Fertilizer Ltd., Indian Drugs & Pharmaceutical Ltd., Bharat Electronics Ltd. IBPL etc. The Latest addition to this group is the Rs.4200 crore Oil refinery set up by Indian Oil Corporation in Panipat district.
The state has received new project proposals from multinational companies such as United Development Incorporated Panama, Tecumesh products, USA, JELD Won Inc US Scholler GMBH (Germany), NHK Springs Co. Japan Casio Computer, Japan, big Indian Industrial Houses and leading NRIs to the tune of Rs.1910 crores. In the last 6 years, 2962 Industrial Entrepreneur Memoranda have been filed with Government of India for setting up projects in Haryana which would catalyse an investment of Rs. 309 billion and generate direct employment for 3.40 lac persons.
The growth of small industries in the State has also been phenomenal. Their number has increased from 4500 in 1966 to 80,000 today. They are producing good worth Rs.4500 crores per annum while generating employment for 8.7 lac persons. Twenty per cent of the country’s total export of scientific instruments, sixty per cent of the demand of ammunition boxes of the country’s defence forces and sixty percent of the total needs of woollen blankets of the Indian Army are met by small units of Haryana. Haryana’s Small Scale Sector also enjoys the reputation of manufacturing the largest number of electrical mixies and gas stoves in the country. Exports from the State has touched more than 200 billion in the year 2004-05.  Major export items are Software, Handloom products, Scientific instruments, Garments, Automobiles & Automotive components, Electrical appliances, Rice, Guargum, Pickels etc.
Haryana, offers an excellent location to start any industry. It has a rich industrial base, equipped with uncomparable infrastructure. One-third of Haryana falls under the National Capital Region. Panipat, Rohtak, Gurgaon, Faridabad and Sonepat have a special potential for accelerated socio-economic development.