Haryana to de­velop new In­dus­trial Town­ship

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The Haryana gov­ern­ment has an­nounced that it would de­velop a new In­dus­trial Town­ship, spread in over 1,500 acres in Sohna and Mane­sar ar­eas of Gur­gaon, at a cost of $5 bil­lion. An MoU for this was signed be­tween the Haryana gov­ern­ment and China For­tune Land De­vel­op­ment (CFLD) Com­pany in the pres­ence of Chief Minister Manohar Lal Khat­tar in New Delhi re­cently. “The agree­ment was signed by Sud­hir Ra­j­pal, Man­ag­ing Di­rec­tor, Haryana In­dus­trial and In­fra­struc­ture De­vel­op­ment Cor­po­ra­tion (HSIIDC), and Jerry Zhao, Pres­i­dent, CFLD Com­pany, a state gov­ern­ment spokesman said.

Khat­tar said that un­der the agree­ment, HSIIDC and CFLD Com­pany would ex­e­cute the pro­ject as a joint ven­ture (JV). “The Chinese firm would de­velop in­fras­truc­tural facilities, in­dus­trial units and res­i­den­tial and com­mer­cial projects in the town­ship. In­dus­trial units re­lated to au­to­mo­tives and elec­tron­ics would be es­tab­lished in this town­ship. These projects would be com­pleted within the next 10 years and would gen­er­ate em­ploy­ment op­por­tu­ni­ties for lakhs of youth, be­sides mak­ing avail­able state-of-the-art health and ed­u­ca­tion facilities,” the chief Minister said.

Zhao said that the com­pany had iden­ti­fied the re­quired land in Sohna and Mane­sar area, and hoped that all for­mal­i­ties would soon be com­pleted and work on the projects would be­gin by the end of the year. Over the last nearly 4 decades, Haryana has emerged as a favoured des­ti­na­tion for in­dus­trial in­vest­ment, given the prox­im­ity of the State to the Na­tional Cap­i­tal Rgion (NCR).

The first big name to es­tab­lish base in Haryana, Maruti Suzuki, pi­loted by Ja­panese car man­u­fac­turer Suzuki was a run­away suc­cess in early 1980s. The big names that have, over the years, lined up to in­vest in Haryana in­clude Suzuki, Honda, Canon, Yakult, Denso, Mit­subishi, Toyo, Daikin, Yoko­hama, Showa, Nip­pon, Kan­sai Paints, Asahi, Stan­ley and many oth­ers. Most of the in­vest­ment has been made in Gur­gaon district.

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