Haryana Chief Minister Manohar lal on Sunday said that the State has received huge investment proposals to the tune of Rs20,000 crore as various leading companies have offered to invest in different areas.
These areas included industrial infrastructure, logistics, defence and aerospace manufacturing, renewable energy, agribusiness and finance, retail, skill development, paints and hospitality, said the Chief Minister while interacting with investors in Mumbai to seek investment for Haryana.
The Chief Minister visited the Make in India Centre (MII), MMRDA grounds in Mumbai and took round of Haryana Pavilion set up there. He was also accompanied by Industries and Commerce Minister Capt. Abhimanyu.
He said that the State Government has earlier held road shows at Delhi, Kolkata and Chennai, where entrepreneurs have shown overwhelming response in making investment in Haryana.
While talking to the mediapersons later, he said that Haryana Government has decided to provide various incentives to the start-ups for setting up their units. Under this, they would be provided rebate of Rs 2 per unit in the electricity tariff besides providing them the facility of loan. Apart from this, for start-up enterprises by first generation professionally and technically qualified youth who are CA, MBA, B.Tech., M.Tech. etc. with five years work experience, no state taxes would be levied up-to a turnover of Rs three crore or three years, whichever is earlier, he said.
The Chief Minister said that he had one-to-one meeting with Chief Executive Officers and heads of various leading companies of Mumbai and all of them have expressed keen interest in making investment and set up their units in the State.
Prominent among them were METI, Government of Japan, Jindal Group (JSW Steel), Tech Mahindra, IKEA, Asian Paints, HDFC Bank, ICICI Bank, Il&FS, Hinduja Group, AKIS Group (Russian Company), Tivoli, Ultra Tech and Edelweiss, Manohar lal informed.
He said that Memoranda of Understanding (MOUs) would be signed with several companies during the ‘Happening Haryana Global Investors’ Summit–2016’ scheduled to be held at Gurgaon on March 7 and 8 to give final shape to these proposals. Considering the overwhelming response shown by the entrepreneurs in the new Enterprises Promotion Policy-2015, Haryana hopes to exceed the target of Rs one lakh crore, said he.
On being asked about the priority areas of investment, the Chief Minister said that the State Government’s approach is employment oriented and not sector oriented. Those who offer maximum employment opportunities to the youth of the state have been invited to invest. As Haryana is primarily a agrarian state and agri-business is among the top most priorities of State Government, special focus would be laid on inviting agro-based industries. This would also benefit the farmers in a big way, he added.
Asked to comment on the ‘Make in India’ week being organized in Mumbai, the Chief Minister described it as a good platform. He said that entrepreneurs of almost all states have come to this event to showcase their strength.
Commenting on as what makes Haryana a perfect investment destination, he said that the state has a locational advantage as it surrounds Delhi from three sides and has close proximity to National Capital Delhi. Apart from this, the state has vigorously implemented the concept of ease of doing business under which all necessary clearances for setting up new industrial units are provided under one roof within maximum 60 days. To ensure that the investors might not face any difficulty, relationship managers have been appointed to assist them.
In reply to another query, the Chief Minister said that special emphasis is being laid on the areas having less industrialization. Therefore, the state has been divided into four pockets – A,B,C,D, the less industrially developed areas have been kept in pocket D.
He said that incentives on sale tax and self certification are being given on those areas where the presence of industries is less.
He added that Haryana has a robust land bank of about 10,000 acres of land.