6.41 lakh cr investment potential in MoUs signed by Haryana

Haryana government has signed a total of 406 MoUs for an investment of Rs 6.41 lakh crore in the state, after the Happening Haryana Global Investors' Summit held in March this year, a government official said today.
Managing Director of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), Sudhir Rajpal said that out of these, 359 MoUs with the potential investment of Rs 5.84 lakh crore were signed during Happening Haryana Global Investor Summit, 2016.
Continuous efforts are being made for grounding of the MoUs in the State.
He said with E-Biz Portal, about 140 of the investors have successfully filled their applications and now the approvals are being given under this procedure in a time bound manner.

The state has been divided into four categories of development blocks that is A, B, C and D for incentive support. Efforts are being made for grounding the investment in Block C and D in the State, which include the districts of Hisar, Ambala, Yamunanagar, Rewari, Jind and Mohindergarh, he said.
The progress of 23 projects was reviewed. These have a scope of total Investment of Rs 41,800 crore and a total employment potential of 51,000 people.

A few proposed investors in C Block are Forum Agro Foods with proposed investment of Rs 100 crore with proposed employment of 1000 people, Ambience Health Care and Sports Club with proposed investment of Rs 3 crore and proposed employment of 50 people, OM Shanti Educational Trust with proposed investment of Rs four crore and in D Block, Dhanda Exporters and Company with proposed investment of Rs 1.25 crore with proposed employment potential of 45 people.

These projects are at advanced stage of clearance and within next few days they will be getting approvals from the concerned departments.
There are more than 200 MoU where location has not been specified. Efforts are being made to impress upon them to make their investment in C and D blocks of the State, he added.