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Haryana signs 136 memoranda for Rs 1,044-cr investments

Our Bureau

New Delhi , Jan. 18

THE Haryana Government has signed 136 industrial entrepreneur memoranda and letters of intent involving an investment of Rs 1,044 crore for setting up industries in the State, according to the State Chief Minister, Mr Bhupinder Singh Hooda.

Inaugurating the Associated Chambers of Commerce and Industry of India (Assocham)-organised `Invest Haryana Summit', the Chief Minister said the State had approved investments of Rs 7,000 crore by March 2005 for which the operational work had begun.

Haryana intends to attract additional investment proposals to the tune of Rs 2,000 crore in the near future for which necessary groundwork is underway, Mr Hooda said.

The major areas in which investments will be attracted include automobile, textiles, petrochemicals, IteS and engineering.

The National Institute of Food Technology, Entrepreneurship and Management is being set up by the Government with an investment of Rs 350 crore. For this, the State has offered 100 acres of land at Kundli.

Haryana has been making efforts to set up special economic zones over an area of 25,000 acres which will involve a capital investment of Rs 25,000 crore, and Reliance Industries Ltd has signed an MoU with the State Government for this purpose, said Mr Hooda.

The Japanese Ambassador, Mr Yasukuni Enoki, said Japan had chosen Haryana for its industrial investments and the country would invest more in the State.

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