Chandigarh

Haryana becoming first choice for foreign investors, says CM

PNS

Haryana is becoming the first choice for foreign investors willing to set up new businesses and also for multinational companies having expansion plans, chief minister Manohar Lal Khattar said on Tuesday.

At the ground-breaking ceremony of a commercial centre for business, meetings and shopping, being set up by Ingka Centres, part of Ingka Group which operates the retail business of Swedish furniture major Ikea, Khattar said,  ''I am delighted to support Ingka Centres and Ikea to begin construction of what will become a world-class retail and leisure destination to meet the needs of consumers in the state and the region. 'The project will significantly boost employment and investments in the region. Our government has implemented a number of measures to enable 'ease of doing business in the state and this project is yet another validation of our development plans for the region.

Klas Molin, Ambassador of Sweden in India; Susanne Pulverer, CEO and Chief Sustainability Officer, Ikea India; and Jan Kristensson, director of Ingka Centres Global Expansion, were present at the event.

According to Ingka Centres, the facility which is being set up with a total investment of about 400 million euros (Rs 3,500 crore) will become Gurugram's newest landmark with dynamic retail, green areas, and workspaces as well as spaces for community events. Once open, it is expected to generate around 2,500 jobs and create a sense of belonging amongst Gurugram and Delhi National Capital Region's growing population, the company said.