INDIAN STATE : HARYANA

General Information

Haryana became a new state on 1st November 1966. Haryana is situated in the north between 27 deg 37' to 30 deg 35' latitude and between 74 deg 28' to 77 deg 36' longitude. Haryana has Uttar Pradesh on its eastern border, Punjab on its western border, Uttranchal, Himachal Pradesh & Shivalik Hills on its northern border and Delhi, Rajasthan and Aravali Hills on its southern border. The altitude of Haryana varies between 700 ft to 900 ft above the sea level.

Fact File

Advantage Haryana

• Haryana offers excellent location to start any industry. It has a rich industrial base and a sound infrastructure.
• Forty percent of the national capital region falls in Haryana state and thirty percent of the state is notified National Capital Region (NCR).
• Ninety-three of top Fortune -100 companies with their corporate offices and production bases already in Haryana.
• The state has impressive infrastructure facilities in relation to road and rail network, well-developed industrial estates, good banking facilities, reliable communication network, modern technical institutes and developed commercial markets.
• World-class industrial, corporate and residential estates with highly competitive prices, developed and managed by highly professional and world-renowned Private and Government agencies.
• Haryana is in close contact with the cosmopolitan world, being close to Delhi. International and domestic airports, diplomatic and commercial complexes are in near proximity. Indira Gandhi International Airport is just ten minutes drive from Gurgaon, an emerging metropolis.
• Strike/lockouts are bare minimum. Negligible loss of man-days.
• Haryana has an efficient administrative and delivery system. Its endeavor has always been to simplify procedures, eliminate red-tapism and willful delays and ensure transparency in decision-making.
• Special emphasis is laid on planned development of infrastructure and providing eco-friendly environment conducive to healthy growth of industry.
• Haryana has adopted investor-friendly policies. These policies have been adjusted in accordance with the changing economic scenario and are far more liberal and transparent. These policies are geared towards promoting private investments- both domestic and foreign.
• Large manufacturing, capabilities. Strong private sector.
• Developed banking system with over 4500 bank branches.
• Skilled manpower and professional management including engineers, managerial personnel, accountants etc.
• Conducive foreign investment environment.
• Well-balanced package of incentives.
• One of the top agrarian states contributes substantially to the national food grain pool of wheat, rice, coarse cereals and pulses.
• Haryana today produces more than 50 percent of passenger cars, 50 percent of motorcycles and 25 percent of tractors, 25 percent of bicycles and sanitary wares manufactured in the Country.
• Under the New Industrial Policy (NIP) the state has received investment proposals of worth over one lakh crore rupees in the areas of automobiles & automotive components, information, technology, readymade garments, electrical goods, handlooms, agro-based & food-processing industry, light engineering etc.
• Under the Special Economic Zones (SEZ) Act, 20 SEZs with an investment of US$ 18.8779 billion have to be set up. Ten SEZs have already been approved by the Central government.