In a significant move to bolster industrial growth, Haryana Chief Minister Nayab Singh Saini has extended a formal invitation to entrepreneurs from neighbouring Punjab to establish their businesses in Haryana. The CM emphasised that industrialists are pivotal to driving an industrial revolution across the nation.
Vision for a Top-Three Global Economy
Addressing a delegation of Punjab-based industrialists at his official residence, Sant Kabir Kutir in Chandigarh, Saini outlined the state's alignment with Prime Minister Narendra Modi's vision. The Haryana government is making relentless efforts to help realise the PM's goal of positioning India as the world's third-largest economy by 2029, he stated. The Chief Minister credited the country's economic strengthening to the entrepreneurship and innovation of its industrialists, who are key to initiatives like 'Make in India' and 'Vocal for Local'.
Focus on Electric Vehicles and Major Investments
Saini pinpointed electric vehicles (EVs) as the future of mobility and revealed that the state is preparing a blueprint to establish a dedicated Electric Vehicle Park. He noted that a major electric vehicle battery industry is already operational in Gurugram, providing a strong foundation for this sector.
The CM also shared encouraging outcomes from his recent visit to Japan, where investments worth Rs 5,000 crore were proposed. Work on projects totalling Rs 2,000 crore has already commenced, with several investors finalising their land selection. Further highlighting industrial success, Saini mentioned that Maruti Suzuki runs a major facility in Gurugram, producing approximately 2,000 vehicles daily.
Streamlining Systems and Boosting MSMEs
To create a more conducive environment for business, the Haryana government has implemented a streamlined single-window system. Under this, No Objection Certificates (NOCs) will be issued to industrialists within a strictly defined timeframe.
Saini detailed substantial support for micro, small, and medium enterprises (MSMEs). Beyond the central government's MSE-CDP scheme, Haryana has launched its own 'Mini Cluster Development' scheme. Under these initiatives, projects worth Rs 170 crore are currently active across 48 MSME clusters in the state, benefiting over 8,000 MSME units.
In a bid to develop specialised industrial zones, the government had announced the establishment of 10 Industrial Model Townships (IMTs) in the previous budget. Land for two of these IMTs has already been identified and is attracting investor interest.
The Chief Minister also approved several market development projects, including allocating land in Sonipat for a dry fruit market from Amritsar, and granting permissions for wholesale and marble markets catering to Delhi. Additionally, work is progressing to develop a dedicated pharma hub in Karnal.
Concluding his address, CM Saini assured the industrialists of his government's full support, promising to stand with them and provide all possible assistance to facilitate their investments and operations in Haryana.
