Haryana to get Rs 2 lakh cr FDI in 2yrs: Hooda

Haryana is likely to attract a record foreign direct investment (FDI) of Rs 2,00,000 crore over the next two years in various manufacturing sectors like automobile, auto components, power and food processing.

"The recent five-nation tour to Europe has reaped an investment of Rs 12,000 crore. Overall, we are expecting FDI proposals of about Rs 2,00,000 crore in the next two years," Chief Minister Bhupinder Singh Hooda said here.

The delegation visited The Netherlands, Germany, France, UK and Spain from October 8 to 19.

Giving details of the visit, Hooda said an European desk would be set up in at Investment Promotion Centre in Delhi to facilitate the flow of investment from Europe.

Among the major investment initiatives proposed in the state were Japanese automobile giant Suzuki's Rs 1,380 crore plan, he said, adding Europe's Spykar Cars is also planning to set up operations in the state.