Fresh investments of over Rs 2 lakh crore is anticipated at the Happening Haryana Global Investors Summit scheduled for 7 & 8 March at Gurgaon. This is far in excess of the earlier target of finalising MoUs for a lakh of crore rupees.
Chief Minister Manohar Lal Khattar, assisted by a strong contingent of senior officials from his government, made an impressive presentation on the GIM as also on the Pravasi (NRI) Divas scheduled for 09 March.
The Chief Minister said that in his meetings with business leaders of Chennai there was an interest to invest in Haryana for over Rs 3000 crore. The companies included Gati Ltd, Lucas TVS, Saint Gobain, Schwing Stetter, Siemens Industry Software and Farm Fresh Banana.
Haryana state, proximate to the national capital, has been an economically vibrant state with excellent record in agriculture, industry and services. Gurgaon, just outside Delhi, has been evolving as a metro in its own right and houses the largest car manufacturing unit in the country – Maruti Suzuki. Gurgaon and proximate Manesar together account for production of over a million of cars – half of India’s total production. The Indira Gandhi national and international airport is nearer Gurgaon than Delhi! Khattar referred to another large airport under construction at Hissar spread over 4000 acres.
The excellent base laid for the auto industry with high level of skills and precision engineering makes Haryana ideal for setting up aerospace and defence industrial units. A major maintenance and repair organisation, the first of its type in the northern region, has also been planned.
The Chief Minister referred to the industrial policy that is business-friendly, assuring quick clearances. The focus on skill development for the state with the highest per capita income in the country, holds great promise.
Khattar referred to the eight major diversified industrial clusters. The rich infrastructure with 27,000 km of roads that ensure 99.88 per cent metal road connectivity, 1630 km of railroads, a high tele density of 81 per cent and most important, proximity to the capital Delhi, together make Haryana an attractive destination for investments. With installed capacity of 11,102 MW the state is surplus in power.
Haryana is already a leader in the engineering industry. The state accounts for 80 per cent of mobile cranes, 52 per cent of excavators, 48 per cent of passenger cars, 39 per cent two-wheelers and 11 per cent tractors produced in the country.
The Chief Minister’s address was attractive and homely. He started his address in Tamil and referred to Lord Krishna delivering his message of selfless service to Arjuna at Kurukshetra located in his state.
The state has a large number of institutions for higher education. The Chief Minister referred to the state offering over 1.6 lakh seats for engineering. He said that a Skill Development University is also being set up in the State and it has also been decided to constitute an Economic Advisory Council, which would have CEOs and founders of the companies set up in Haryana as its members. The State Government has also set up Haryana Skill Development Mission for skill development of the youth.
Haryana is a major producer of agriculture products and won the record for the highest productivity of paddy last year.
Khattar said that Haryana Skill Development Mission has been constituted for skill development of the youth and a skill development mission is also being started.A Horticulture University is being set up in Karnal. A food park would be set up at Barhi in District Sonepat and another such park would come up at Samalkha in Panipat district in the private sector.
The Chief Minister’s reference to the Snapdeal complex in Gurgaon is a unique example to usher-in start-up business revolution: “more than 5000 are employed in this complex. Snapdeal has set up five warehouses in Haryana that provide direct and indirect employment to over 40,000.”
With a land area of just 1.3 per cent of total and a population of around 2.54 crore (2.09 per cent of the country’s population), the state accounts for 4 per cent of the nation’s GDP.
Khattar referred to the highly favourable response to the road shows in Canada-USA and Japan-China. Particularly impressive appeared the promise of an investment of $ 10 billion to set up an industrial park near Sonepat from the Chinese company Dalian Wanda.
It was an impressive promotion by the Chief Minister aided by Mr Sanjeev Kaushal, Additional Chief Secretary Finance & IPR, Mr Ram Nivas, Additional Chief Secretary Irrigation, Govt of Haryana, Mr Sudhir Rajpaul, MD, Haryana State Industrial & Infrastructure Development Corporation Ltd and Dr Abhilaksh Likhi, IAS, Principal Secretary & Director General, Information, Public Relations & Cultural Affairs.
Khattar’s focus on scouting for investments from across the nation and not merely through road shows abroad, is welcome.