Roadmap to attract Investments in Haryana
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) unveiled a roadmap to boost investments in Haryana. The ASSOCHAM plans to organise Invest Mart in the near future where about 300 investors from various countries will converge to explore the possibilities of investing in Haryana,said chairman of ASSOCHAM’s northern region development council Lalit Khaitan. He also proposed setting up 14 new industry clusters each accommodating about 1,000 units and generating direct and indirect employment opportunities for four lakh workers.
Haryana will develop 14 dedicated industrial clusters in various towns with 1,000 units each. Units for electronic goods, electrical engineering equipment and readymade garments will be located in Gurgaon, while units for automobile components and stone-crushing will be based in Faridabad. These clusters are planned to be set up jointly with private players, following a public-private partnership (PPP) model.
“Each industry cluster will have 1,000 units and generate direct and indirect employment for four lakh people,” he said. The money needed to make this possible is Rs 450 crore, which will be raised through PPP.
Assocham asked the state government to improve upon infrastructure and power supply to double its investment capability. Real estate needs to be developed as a responsible industry keeping in mind the environmental and social implications. The government needs to bring out policies keeping in mind the environmental and social implications of infrastructure development undertaken – particularly in issues like sanitation, greenery and road maintenance – so that the investments remain attractive in the long run. Research and development has been identified as one of the thrust sectors for harnessing the long run growth potential of the state. Encouragement by the government is crucial for R&D processes.
Tourism development of the state requires an appropriate marketing strategy and also the development of alternative tourism products. The South India Tourism Council (SITCON) an initiative of Andhra Pradesh government to market south India as a seamless tourist destination. Such alliances can be developed for all or some north Indian states also to expand their tourism potential.
The state has investments worth Rs 4,27,000 crore in 2010 compared to Rs 3,54,845 crore in 2009. “We congratulate Haryana for its success in achieving impressive economic growth rates on a sustained basis,” added Khaitan.
ASSOCHAM, Attract Investments in Haryana, Gurgaon, Haryana, Haryana Investment, Invest Mart, public-private partnership model, Real estate Haryana, Real estate in India, SITCON, Tourism
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[...] Roadmap to attract Investments in Haryana Assotech’s Haryana project funded by IIFL [...]