HSIIDC’S MEGA PROJECTS TO SPUR RAPID INDUSTRIAL GROWTH IN HARYANA

Meticulously planned various Mega Projects of HSIIDC are leading the way for golden era of Industrial Growth in Haryana

In line with the Indian growth story, which has lead India into elite group of top five world economies; HSIIDC continues to drive Haryana on the roads to infrastructure and industrial development thereby catalysing all round economic growth in the State. In fact, HSIIDC various meticulous mega projects ensures that Haryana aptly epitomizes the growth story of India.

In keeping with this spirit, right from provision of state-of-the-art infrastructure to facilitation, HSIIDC ensures a smooth start up support to the new enterprises. Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) was established in 1967 as a wholly owned company by the State of Haryana. It functions under the aegis of the Department of Industries and Commerce, Government of Haryana. Objects The objects of Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) include, interalia, the development of industrial infrastructure of the State and to acquire lands for integrated industry townships/parks including housing and related social, institutional, recreational, and commercial infrastructure essential for promotion and growth of industry in the state of Haryana and develop them suitably. Currently Mega projects of HSIIDC (Haryana State Industrial & Infrastructure Development Corporation) underway includes allotment of 800 acre land at IMT Kharkhoda under Ultra Mega Project category for setting up Car Manufacturing Facility, with an investment of Rs. 18,000 crore with target to generate employment avenues for about 11,000 persons. Apart from that Suzuki Motorcycle India has been allotted 100 acre land at IMT Kharkhoda under Mega Project category for setting up Two-wheeler Manufacturing Facility, with an investment of Rs. 1,466 crore which would generate employment avenues for about 2,000 persons.

In Sohna city of Gurugram, through Electronic Manufacturing Cluster, 178 acre land has been allotted to ATL Battery Technology India – a manufacturer of li-ion Polymer cell. An investment of Rs. 7197 has been brought in the state of Haryana besides generating employment opportunities for 6,786 persons. Online sales giant Flipkart is setting up Asia’s biggest supply centre/warehouse on 140 acres land with a covered area of 3 million sq. feet at Patli Hajipur, Manesar. The project is having an investment of Rs. 1,389 crore in the State of Haryana besides generation of employments for 16,000 persons directly and indirectly.

Developing Smart Cities has been a pressing issue for our country to carter the needs of the urban population by creating job opportunities and place to live-workplay. For this, HSIIDC has been working for developing a Global City in Gurugram. On the way to moving forward in this direction, work for development of trunk infrastructure for Phase 1 of the project has been awarded and work is most likely to be completed in targeted deadline of next three years. The state of Haryana has advantages of being very close to NCR, the growth in the National Capital Region, in various dimensions constantly requires Industrial products. Requirements such as raw material for real estate, pharmaceutical needs, logistics needs etc. and ever emerging requirements of inhabitants in capital of the country is met by the Industrial units in the Industrial Model Townships developed in surrounding areas of Delhi. While, paving way for rapid industrialisation hsiidc has maintained fiscal prudence. As per PBT of the Corporation as per budget accounts for the F.Y. 2023-24 was Rs. 1420 crore. Based on the suggestions/observations of the Statutory Auditors, the annual accounts have been revised and as per revised accounts the PBT is Rs.151.13 crore. The PBT of the Corporation for the F.Y.202223 is Rs.766 crore as per provisional accounts HSIIDC has developed 31 Industrial Model Townships / Industrial Estates / Theme Parks over an area of about 30,000 acres. These Industrial Model Townships have complete infrastructure facilities with sites for Industrial, Commercial, Residential & Institutional purpose.

Nearly 22000 Industry plots have been carved out and more than 17000 allottees operate from these Industrial Estates.