Haryana Chief Minister Manohar lal projected Haryana as a preferred investment destination, which enjoys a competitive edge during his official visit to Washington DC in the United States on Thursday.
A press statement issued said that the Chief Minister used the opportunity offered by a round table in the US capital to highlight the salient features of the State's "New Enterprise Promotion Policy 2015". Around the table were the ‘who is who’ of US industry and executives from the US-India Business Council (USIBC), an umbrella organisation which comprises more than 300 top-tier US and Indian companies.
The statement said that his tag of ‘Happening Haryana’ got ringing endorsement even as many hailed the reformist measures taken by the Haryana Government in recent months. The round-table discussion focused on key areas for investment promotion in Haryana. These included energy related initiatives, aerospace, food processing, auto/auto components and mass rapid transport.
The event was attended by companies and senior leaders from every major sector of business — Blumberg Grain, IREO, Coca Cola, Wipro, Capital Novus, Cargill, Medtronic, Uber and Boston Scientific.
"We strive to attract both international and domestic business to the state of Haryana," said the Chief Minister who is leading a 32- member official and business delegation on a nine-day trip to the US and Canada to woo investors.
"To achieve this end, I am proud of the reform efforts that we have made to make public services more efficient," he said, touching on several important topics that have dominated the bilateral commercial relationship in recent months.
land registration is now enabled through information technology, long-pending land acquisition cases have been resolved and infrastructure construction is faster, Manohar lal said. This was evidenced by the completion of the Delhi-Faridabad Metro project and work getting restarted on the Kundli-Manesar-Palwal Expressway. "We are pushing for policy reforms in a manner that will place Haryana as a business-friendly state and create jobs," the Chief Minister said adding, "I welcome American enterprises to be a part of our state's growth."
World Bank to explore investment opportunities
The World Bank has agreed to explore investment opportunities in the fields of multi-modal logistics hubs, energy, smart cities, mass rapid transit systems, and other infrastructure projects in Haryana.
The international financial institution would also examine the scope for technical and financial assistance through Global Infrastructure Fund (GIF) and International Finance Corporation (IFC) for a public-private participation project to set up a multi-modal logistics hub. Besides, the global lender has evinced keen interest in deepening the engagement
with Haryana Government in the field of cutting down
losses in transmission and distribution of power, and in bringing about efficiency in demand management.
All these possibilities emerged at the meeting of Devender Singh, Principal Secretary, Industries, with senior World Bank officials in Washigton DC. He is part of the high-level delegation, led by the Chief Minister, Manohar lal, presently visiting US and Canada to bring investment to Haryana.
The World Bank officials were briefed on the Haryana Government plans to set up an integrated multi-modal logistic hub over 1,200 acres as a part of the Delhi-Mumbai Industrial Corridor (DMIC) project. They were also told about the proposal to develop smart cities--Gurgaon, Ambala, Faridabad and Panipat--as smart cities and set up MRTS in almost all million plus cities of the state.
Fortune 100 company to invest in Haryana
The Honeywell International, an American Fortune 100 multinational conglomerate, is actively considering a proposal to expand its operations In Haryana by setting up a research centre in the oil and gas sector.
The Honeywell management gave this hint when the Chief Minister, Manohar lal, visited the technology centre of Honeywell Technologies in Washington DC. It provides technology solutions in enterprise-level control and management information systems leading to higher productivity, energy efficiency, safety and security of operations.
Honeywell International, Inc. produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, ranging from private consumers to major corporations and governments.