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Happening Haryana
Following the Vibrant Gujarat model, various states, have organised Global Investors’ Meets.

In 2015, Tamil Nadu, Punjab and Rajasthan hosted such meets and signed MoUs with major business houses both national and global. For 2016, Andhra Pradesh and West Bengal have organised one each. The ones for Karnataka and Haryana are due in February and March.

Individual states in India have enjoyed the privilege of being productive. One such is Haryana. For long, it has been among the best performing states. It has the distinction of being home to one of the most enterprising for business houses. Manufacturing, business process outsourcing, agriculture and retail are among the major industries in the state.

While Gurgaon-Manesar acts as the hub for automobile and BPO companies, Faridabad serves as the manufacturing hub with major business houses like Yamaha, Whirlpool, Goodyear Tyres, ABB Group, Orient Paper & Industries... having their facilities. Apart from this, Ambala (known as the science city of the state) houses many companies that manufacture scientific apparatus and the town is among the largest exporters of educational instruments in India.

Textile has been one of the major traditional industries and Haryana houses numerous textile units in several places. Rohtak hosts Shori Marker, which is considered as the largest cloth market in Asia.

Followed by Rohtak, Panipat is considered the hub for buying cheaper blankets and carpets.

Then comes Bahadurgarh, considered the developing industrial town. It is the home for glass, steel, tiles and biscuits production units. Its proximity to Delhi has led Delhi Metro Rail Corporation to connect Bahadurgarh with Delhi as an effort to support workers coming from both ends.

Favoured investment destination Haryana is also home for the largest paper mill in Asia, the largest sugar mill in Asia and also the biggest timber industry in Asia at Yamuna Nagar Industrial Township.

Also, the state leads in agriculture as well. It is considered suitable for cultivation of rice, wheat, tropical fruits, herbal and medicinal plants as well as temperate fruits. The net cropped area of the state is 3.64 million hectares with intensity of 184 per cent.

All these put together make Haryana a favoured investment destination. Yes, many MNCs have already set up shop in Haryana. The state government headed by Chief Minister Manohar Lal

Khattar is planning to garner investments in sectors like agro-based food processing, automobile, auto components, defence, aerospace manufacturing, electronics, IT & ITes, footwear, pharmaceutical, chemical, renewable energy, R&D, textiles and transportation/logistics.

The state has promised to offer a two-tier system for project clearances and a simplified mechanism for industrial licence issuance.

Recently, the state has come up with New Enterprise Promotion Policy that is meant to accelerate industrial growth and offer a conducive atm sphere for investors.

 

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