Gurgaon: The Haryana government has approved the allotment of industrial land to seven companies with an investment plan exceeding Rs 1,300 crore. This allotment, spread across Sohna, Bawal, Barhi, and Dharuhera, marks a significant step toward implementing investment commitments made under the Make in Haryana initiative, which was launched earlier this month in Gurgaon.
The decision was taken during a meeting of the empowered executive committee (EEC) held in Panchkula on Wednesday. These projects are expected to attract investments of approximately Rs 1,316 crore and generate more than 5,000 jobs. The companies were among those that pledged investments during the state's recent investor outreach program. Arun Kumar Gupta, principal secretary to the chief minister and co-chairman of HSIIDC, stated that the process of industrial land allotment in Haryana is now transparent and fast-paced.
Key Projects and Investments
The largest project belongs to Trontek Electronics Ltd, which will manufacture lithium batteries. The company will invest Rs 790 crore on nearly 13 acres in Sohna. Orient Fashion Exports, operating in the garment sector, will invest Rs 51.5 crore on a three-acre site. In Bawal, Bolhoff Fastenings Pvt Ltd and Maccor Industries Pvt Ltd, a manufacturer of automated test equipment for batteries, fuel cells, and supercapacitors, will invest Rs 116 crore and Rs 45 crore, respectively. Additional approvals were granted to Paras Polymers, Richaco Exports, and another industrial unit.
Transparent and Fast-Paced Allotment
An officer from HSIIDC noted that the move reflects Haryana's push for faster and more transparent industrial land allotment. On June 1, the state signed investment memorandums of understanding (MOUs) worth Rs 1.1 lakh crore with various companies during an event in Gurgaon. Work has now begun to convert these agreements into actual industrial projects.
This development underscores Haryana's commitment to fostering industrial growth and creating employment opportunities. The transparent allotment process is expected to attract further investments in the region.
