Haryana signs Rs 66,000 crore investment MoUs in Mumbai

Haryana has signed memorandums of understanding (MoUs) worth over Rs 66,000 crore with multiple companies on the second day of the 'Happening Haryana 2.0' outreach campaign in Mumbai. Chief Minister Nayab Singh…

Haryana has signed memorandums of understanding (MoUs) worth over Rs 66,000 crore with multiple companies on the second day of the 'Happening Haryana 2.0' outreach campaign in Mumbai. Chief Minister Nayab Singh Saini offered five guarantees to investors: policy stability, time-bound decisions, proactive project support, skills and connectivity aligned with industry needs, and linking investment to local employment and MSMEs.

Haryana signs Rs 66,000 crore investment MoUs in Mumbai

Saini said the state will develop growth nodes around district-specific clusters. North Haryana will focus on food processing and pharmaceuticals, central Haryana on engineering and automobiles, south Haryana on IT, electronics and e-mobility, and western Haryana on agro-industry and renewable energy. He said Haryana has prepared a 'Vision Document-2047' aiming for a $1 trillion economy and higher per capita income.

The chief minister noted that MoUs worth Rs 1.10 lakh crore were signed recently in Gurugram, and land has been provided to 108 of the 123 companies that signed. He also met Maharashtra Chief Minister Devendra Fadnavis to discuss a proposed valour memorial at Kala Amb, linked to the Third Battle of Panipat.

Indian Opinion Analysis

The Rs 66,000 crore figure adds to the Rs 1.10 lakh crore in MoUs signed earlier in Gurugram, bringing Haryana's recent investment pledges to over Rs 1.76 lakh crore. The five guarantees address a long-standing complaint from industry: delayed approvals and policy flip-flops. The district-wise cluster strategy mirrors Gujarat's model of spatial industrial planning. The next concrete signal to watch is how many of these MoUs convert into land allotment and actual production, given the state's earlier track record of 108 out of 123 companies securing land.


Source: newindianexpress.com

This story was synthesised by AI from the source linked above.

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