Haryana CM launches industrial policy, targets Rs 5 lakh crore investments
Chandigarh, 1 June Haryana Chief Minister Nayab Singh Saini on Monday launched the Make in Haryana Industrial Policy, setting a target to attract Rs 5 lakh crore investments, while investment memorandums of understanding worth Rs 1.10 lakh crore were signed.
The Chief Minister also unveiled nine new sector-specific industrial policies, launched an Intelligent Investment Facilitation Portal, and introduced the logo of the upcoming Happening Haryana Global Investors Summit.
Addressing industry leaders and investors, the Chief Minister said the new policy would strengthen the industrial ecosystem, simplify investment procedures, and create broader opportunities for growth and development. He added that the policy would provide Haryana with a new direction and fresh momentum.
The Chief Minister noted that the global investment landscape is rapidly evolving, and industries today look beyond incentives. Investors now evaluate the overall ecosystem, asking which state can take faster decisions, provide trust and reliability, and emerge as a long-term growth partner. "Haryana is poised to lead in all these areas," he said.
Describing the policy as more than a conventional industrial framework, he said Make in Haryana is not merely an industrial policy but a roadmap for the state's next phase of economic growth. It is built on competitiveness, innovation, sustainability, exports, employment generation, and future-ready manufacturing.
Inviting investors from across the world, he said, investing in Haryana means investing in the future.
Highlighting the state's economic strength, the Chief Minister said Haryana remains one of India's most robust industrial economies. Despite accounting for only 1.3 per cent of India's geographical area, Haryana contributes nearly 3.6 per cent to the country's GDP.
He emphasised that Haryana's extensive network of expressways, freight corridors, rail connectivity, logistics hubs, and direct access to the National Capital Region has transformed the state into one of India's most strategic investment destinations.
"Today, global companies view Haryana not merely as a manufacturing destination but also as a growth destination," he added.
CM Saini further said investors will no longer need to approach multiple offices for approvals, land allocation, incentives, compliances, and clearances. Instead, all services will be available through a single integrated platform.
Expressing confidence in the state's future, he said the future belongs to states that take swift decisions, deliver smart governance, and build strong partnerships with industry. Under the guidance of Prime Minister Narendra Modi, Haryana is fully prepared to lead this future.
He invited investors, innovators, and global partners to become stakeholders in Haryana's next growth story.
— IANS
Reader Comments
Good initiative but I wish they'd also focus on creating jobs for local youth. Haryana has been seeing good industrial growth, but many educated youngsters still go to Gurgaon or Bangalore for work. If the investment comes with skill development and local hiring preference, that would be perfect! 🙏
Makes sense. Haryana truly is strategically located - close to the national capital, well connected to ports via the Western Dedicated Freight Corridor. But the real gamechanger will be ease of doing business on ground. Officers need to be trained to facilitate, not harass investors. If the portal works well, it could reduce corruption too.
The "Make in Haryana" branding is smart. Also encouraging that they have 9 different sector-specific policies. Different industries have different needs. But I am a bit sceptical - the previous government also announced many policies. Implementation is key. Hope CM Saini follows through with actual ground-level changes.
This is positive news! The focus on sustainability and future-ready manufacturing is exactly what we need. Also glad to see they're not just thinking of incentives but the whole ecosystem. Haryana has the land, connectivity, and now hopefully the right policies. The Global Investors Summit should be interesting!
Rs 1.10 lakh crore MoUs signed on Day 1 itself is impressive. But the CM should ensure environmental clearances dont become a hurdle. Haryana already has serious air pollution issues in some industrial belts. Make future-ready also means green industrial practices. Overall a promising start though. 🇮🇳