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South Indian companies show interest to invest Rs 3,000 crore in Haryana

Haryana Government plans to link Gurgaon with Faridabad through Metro

Manohar Lal Khattar

BS Reporter Chennai
Companies from South India, especially from Tamil Nadu including TVS Group, have offered investment proposals to the tune of Rs 3,000 crore to the Haryana Government, said Haryana Chief Minister Manohar Lal Khattar.

He was in Chennai for a road show for the state's upcoming Global Investors Summit, which is scheduled to be held on March 7 and 8 at Gurgaon.

Talking to reporters on the sidelines he said that officials from 12 leading companies of South India met him and expressed interest in establishing their units in Haryana in the sectors of logistic, manufacturing, food processing, infrastructure, glass industry and education.

 

These companies include Lucas TVS, Gati Limited, Siemens Industry Software Limited, Saint Gobain India, SCHWING Stetter (India) Private Limited and Farm Fresh Banana.

"Soon we will unveil anew labour and IT policies to give further boost to industrial sector as well as provide employability to the youth in the State. The new Labour Policy would be more industrial and labour friendly," he added.

Emphasis is being laid on strengthening of infrastructure development and connectivity, said the Chief Minister adding that "neither the previous Central Government nor the previous Haryana Government were serious about its completion". "Now the present State Government has again got the work on the project started. The 135 kms long Eastern Peripheral Expressway would cost Rs 7,558 crore," he added.

The stretch of 70 kms National Highway No-1 of Mukarba Chowk from Delhi to Panipat would be turned into an eight-lane at a cost of Rs 2,129 crore. The foundation stone of these projects was laid by the Prime Minister in November. The work on Sonepat-Jind railway line is almost complete.

"We also have a plan to link Gurgaon with Faridabad," said the Chief Minister, adding that an SPV for mass rapid transport  has been formed to make the mass rapid project functional.

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First Published: Feb 10 2016 | 4:50 PM IST

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