By Vipin Agnihotri
Picture courtesy of Skyscrapercity.com
In my opinion, Haryana is all about big global companies, big buildings, big brands, big investments and big plans. Despite traffic issues, state remain an irresistible magnet for investors. According to sources, there is Rs 70,000-crore of investment in the pipeline. In terms of statistic, last few years have seen some Rs 28,000 crore being invested in the state.
I will not be surprise if Haryana post an 11 per cent economic growth during the Eleventh Five Year Plan period (2007-2012). Japan’s Suzuki Motors has invested more than Rs 9,000 crore over the last two years in Haryana. You may not believe at first but its true that Haryana has been the recipient of more than 70 per cent of all Japanese investment in India.
Initial signs are that DLF will also invest around Rs 20,000 crore or so into the state in the coming 5-8 years. Furthermore, Reliance Industries is planning to invest Rs 25,000 crore in its SEZ in the Haryana. Reliance is quite hopeful that SEZ will attract additional investment of over Rs 1 lakh crore once fully operational as well as provide six lakh direct jobs.
Haryana, bordering the National Capital from three sides, gives tremendous location to begin any industry. As a matter of fact, Gurgaon and Manesar, where plenty of the manufacturing units of number of companies are located, are in the proximity of the international and domestic airports. Haryana scores over neighbouring Uttar Pradesh due to commonly held perception of better law and order situation.
Suggested Reading:
0 comments:
Post a Comment