Haryana Government on Monday signed 38 Memorandum of Understanding (MoUs) involving a total investment of Rs 1,28,740 crore with different companies on the first day of the 2-day ‘Happening Haryana Global Investors’ Summit-2016’ in Gurgaon.
In the presence of Chief Minister Manohar lal, the MoU documents were exchanged with the representatives of the companies by Managing Director, Haryana State Industrial Infrastructure Development Corporation (HSIIDC) Sudhir Rajpal on behalf of the Haryana Government.
An official spokesman said that these agreements included a MoU of Rs 45,365 crore for mixed use development, office and retail, smart city signed with M3M, Rs 12823 crore and Rs 11100 crore for infrastructure with Vatika limited and IREO Private limited respectively.
Also, a MoU of Rs 23 crore for skill development was signed with All India Plastics Manufactures Association, of Rs 500 crore for logistic park with Allcargo, of Rs 680 crore for solid waste management with Alqimi India Private limited and another involving an investment of Rs 125 crore for skill development with Amartex Group.
Apart from these, a MoU involving an investment of Rs 200 crore was signed for agriculture implements with Beri Udhyog, Rs 552 crore for food processing plant with Boortmalt India Holdings Private limited, Rs 8650 crore for solar energy with ClP, Rs 90 crore for cotton yarn spinning with Colour Creations Private limited, Rs 6132 crore for infrastructure with Countrywide Promoters Private limited, Rs 110 crore for CSR Initiative with DlF Foundation, Rs 200 crore for manufacturing of lED and Non-lED indoor lighting, fixtures and downlighters, home decoration and furniture products and parts thereof with Eglo India Production and of Rs 30 crore for manufacture of abrasives with Excel Abrasives Private limited, said the spokesman.
The other MoUs which were signed included an MoU of Rs 15,000 crore for financial services signed with ICICI, Rs 2,000 crore for electronic, Information Technology and Information Technology Enabled Services (ITeS) with Bharti Airtel. Similarly, MoU of Rs 283 crore was signed with Star Wire (India) limited for manufacturing special and critical steel adopting high-tech technologies. Also, MoU of Rs 200 crore was signed with Minda Kosei Aluminium Wheel Private limited for automobile parts alloy wheels, of Rs 190 crore with Honda for worker housing, and of Rs 150 crore with Plasser India Private limited for manufacturing unit for track maintenance machines.
MoUs of Rs 100 crore each were exchanged with Minda Industries limited and Mindarika Private limited for automobile parts switches. MoU of Rs 80 crore was signed with TG Minda Private limited for automobile parts rubber hoses. An MoU was also exchanged with Snapdeal for e-commerce, added the spokesman.
Corporate honchos from the country and overseas are in Gurgaon to participate in the summit.
Haryana to announce new policy
With a view to encourage small and medium enterprises, the Haryana Government has decided to reserve 20 per cent of its purchases for this sector. A new policy would soon be introduced for this purpose, said Haryana Finance Minister Capt. Abhimanyu.
Also, the Government would create an e-Com portal which could be used by anyone for marketing their products, said Capt. Abhimanyu, while was speaking at investors Summit. The Minister said that the Summit, which was the first event of its kind, was the first step taken by the State Government towards entrepreneurship readiness and developing conducive environment for entrepreneurship development in Haryana. He said that more such initiatives would be taken up by the Government.
HSIISC initiates helicopter service
With a view to provide a glimpse of the world-class industrial infrastructure being offered in the state, Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has initiated helicopter service for prospective investors.
A spokesman of the Corporation said the investors with whom MoUs have already been signed, were taken from Udyog Vihar in Gurgaon to IMT, Bawal. He said that the prospective investors were impressed by the industrial infrastructure at IMT, Bawal which has been transformed from a small, sleepy village to a township buzzing with industrial activities.