Investments announced in Happening Haryana summit

Investments announced in Happening Haryana summit

By AREEBA FALAK | NEW DELHI | 26 December, 2015
Chief Minister of Haryana, Manohar Lal Khattar.
Haryana Chief Minister, Manohar Lal Khattar, while inaugurating the logo and the website of “Happening Haryana” Global investors Summit 2016 in Gurgaon this week, confidently assured that Haryana would soon become “the most preferred FDI destination of India.”
At the summit, Khattar met the heads of various companies and discussed their grievances and roadblocks that need to be attended to make Haryana a global investment destination. Various investments by different companies in the state attracted were announced. The Haryana government has offered Coca Cola India, one of the country’s leading beverage companies, to set up a kinnow juice plant at Food Park in Saha, Ambala. Micromax co-founder Rajesh Aggarwal offered to set up a manufacturing unit, preferably in the National Capital Region that would provide employment to 5,500 youths with an initial investment ranging from Rs 100 crore to Rs 500 crore. The Artemis Medicare Services Ltd CEO Onkar S. Kanwar said a second tower of Artemis Hospital would be set up in Gurgaon. Krish Iyer, president and CEO, WalMart India Private Ltd, also met the Chief Minister for opening its chain of stores in Haryana, which would support the MSMEs in the state. 
Khattar informed the press about a start-up warehouse business incubation centre that is being established in Gurgaon with the assistance of National Association of Software and Services Companies (NASSCOM) and Haryana Electronics Development Corporation (HARTRON). Apart from this, an incubation centre would be opened in the seven universities of the state.
During his visit to the US and Canada earlier this year, Khattar had said: “Realising fully well that business and trade need a favourable environment to grow, the Haryana government has pulled all stops to prepare the pitch for industry in its new industrial policy.” Highlighting the state’s “New Enterprise Promotion Policy 2015 he said: “We have created a congenial environment for entrepreneurs to invest in Haryana. If there is any scope for improvement, things will be reviewed and revised every quarter”.
Various innovative schemes have been announced by the state government to attract investment under the New Enterprise Promotion Policy 2015. A lot of emphasis has been paid on the ease of doing business and single-window clearance. A major push is given to micro, small-scale and medium enterprises and long-term investments in the state for growth. Khattar said that the BJP government in Haryana strives to bring both international and domestic business to the state.
The government is working significantly to attract the NRIs that belong to the state to invest in their homeland. “We are inviting people of Haryana who are now settled abroad to invest in their state and contribute their share of development to the country”, said Khattar. He also emphasised on the need of promoting start-ups in the state. Khattar said: “The young generation is a start-up generation. We’ll select some of the best start-ups from various universities and colleges in the state and support them. We would encourage the youth to come up with more innovative ideas.”
 

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