Haryana for Industry
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On the
outskirts of the National Capital and serving it from
three sides is a region called Haryana which offers an
excellent location to start any industry.
The state has been able to attract sizable investment from
multinational companies, large business houses, foreign
investors, non-residents Indian and Small scale entrepreneurs.
Haryana is an investor friendly State and offers a rich
reservoir of skilled, motivated and relatively low-cost manpower
with a good infrastructure and harmonious industrial
relations. A lilliput in size but a giant in attainment, with
just 1.37 percent of the country’s geographical area and 1.97
percent of the country’s total population, the state is proud of
being one of the first few States with the highest per capita
income in the country. |
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Haryana currently
produces two third of passenger cars, fifty percent of tractors,
sixty percent of motor cycles and fifty percent of refrigerators
manufactured in the country. About twenty-five per cent of India’s
Total production of Sanitary-ware is from Haryana. One out of
every four bicycles in the Country is manufactured here. The number
of large and medium units in the State has increased from 162 in
1966 to 1212 today with a capital investment of Rs.225 billion while
employing 2 lakhs persons and producing goods worth Rs.12800 crores.
The State has already 857 projects with foreign technical
collaboration. To mention only a few Maruti Udyog Limited, Hero
Honda, Modi Alcatel, Escorts, Sony India, VXL India, whirlpool
Industries, Wipro Ltd., Perfitti India, DCM, Benetton, TDT Copper
Ltd., Asahi India Safety Glass Etc. Some Major Units in the
public sector are HMT Ltd., National Fertilizer Ltd., Indian
Drugs & Pharmaceutical Ltd., Bharat Electronics Ltd. IBPL etc.
The Latest addition to this group is the Rs.4200 crore Oil refinery
set up by Indian Oil Corporation in Panipat district.
The state has received new project proposals from multinational
companies such as United Development Incorporated Panama, Tecumesh
products, USA, JELD Won Inc US Scholler GMBH (Germany), NHK Springs
Co. Japan Casio Computer, Japan, big Indian Industrial Houses and
leading NRIs to the tune of Rs.1910 crores. In the last 6 years,
2962 Industrial Entrepreneur Memoranda have been filed with
Government of India for setting up projects in Haryana which would
catalyse an investment of Rs. 309 billion and generate direct
employment for 3.40 lac persons.
The growth of small industries in the State has also been
phenomenal. Their number has increased from 4500 in 1966 to 80,000
today. They are producing good worth Rs.4500 crores per annum while
generating employment for 8.7 lac persons. Twenty per cent of the
country’s total export of scientific instruments, sixty per cent of
the demand of ammunition boxes of the country’s defence forces and
sixty percent of the total needs of woollen blankets of the Indian
Army are met by small units of Haryana. Haryana’s Small Scale Sector
also enjoys the reputation of manufacturing the largest number of
electrical mixies and gas stoves in the country. Exports from the
State has touched more than 200 billion in the year 2004-05. Major
export items are Software, Handloom products, Scientific
instruments, Garments, Automobiles & Automotive components,
Electrical appliances, Rice, Guargum, Pickels etc.
Haryana, offers an excellent location to start any
industry. It has a rich industrial base, equipped with
uncomparable infrastructure. One-third of Haryana falls under the
National Capital Region. Panipat, Rohtak, Gurgaon, Faridabad
and Sonepat have a special potential for accelerated
socio-economic development.
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