Haryana’s new incentives to attract more auto sector investors

Mr. Manohar Lal, Haryana Chief Minister, wooed investors from far and near at the Haryana Investment Session, a roadshow held as part of the ‘Make in India Week’ in Mumbai, by stating that his Government is planning to come out with new incentives for investors.

Haryana-CM-Manohar-Lal-Khattar
Mr. Manohar Lal, Haryana Chief Minister

Addressing industry captains, start-up entrepreneurs and professionals from across the country, he put forth the vast investment opportunities in Haryana for prospective investors, and highlighted his Government’s newly-launched schemes. He also drew parallels between the culture and history of Haryana and of Maharashtra, and called upon the Haryanavi business community based in Mumbai to set up base in the State.

 Capt. Abhimanyu, Haryana Minister of Industries, in his address, spoke in detail on his Government’s policies and incentives for setting up industries in the State.

Welcoming the gathering, Mr. Chandrajit Bannerjee, Director General, CII, committed full industry support to the Haryana Government to help achieve its true potential and to support the State Chief Minister’s Vision of Rs. 1 lakh crore investments creating four lakh core jobs in Haryana.

Senior officers of the State Government, including the Chief Secretary, Mr. D.S. Dhesi, and the Principal Secretary – Industries, Mr. Devender Singh, were also present on the occasion. Enumerating the various unique features of the State strategy, Mr. Dhesi referred to Haryana’s geographical location as a key determinant of growth. Not only does Haryana’s boundary surround the national capital on three sides. It also has access to many highways and airports and there are plans for creating more corridors for freight management. The ambitious KMP (Kundli-Manesar-Palwal) expressway is expected to be completed sooner than planned.

Mr. Singh highlighted the advantages of investing in Haryana by stating that its newly-launched Smart Enterprise Policy, Skill Development Policy and the single window clearance are key incentives for investors.

Mr. Deep Kapuria, Chairman, Hi-Tech Group, and Mr. Nirmal K. Minda, Chairman and Managing Director, Minda Industries Ltd., shared their experiences of operating in the State. While Mr. Kapuria noted that Haryana has been leading its advance in Prime Minister’s vision of inclusive growth of green, clean, skilled and digital India, Mr. Minda highlighted the ease of doing business in the State.

Mr. Adesh Gupta, past Chairman, CII – Northern Region, and Chief Executive Officer, Liberty Shoes Ltd., moderated an interactive question-answer session with the audience at the end of the roadshow. Prominent leaders from industry sectors like manufacturing, power, infrastructure, technology, retail, IT, renewable energy, real estate, logistics, and hospitality were present on the occasion.