Haryana to turn 70% of ₹2.37 lakh crore MoUs into projects: Industries Minister Rao Narbir Singh

Chandigarh. Work has started on investment projects worth more than ₹1.05 lakh crore in Haryana. The state government now wants at least seven out of every 10 MoUs signed under its new industrial policy to become real projects on the ground, Industries and Commerce Minister Rao Narbir Singh said on Thursday.

The minister met Industries Department officials at his office in the Chandigarh Secretariat. He said Haryana has signed 123 MoUs worth ₹2.37 lakh crore since the Haryana Investor Roadshow and the launch of the new industrial policy in June. MoUs worth another ₹9,600 crore have also been signed.

Rao Narbir Singh called this an encouraging sign for the state. He told officials to give investors every possible help and to follow up on each proposal regularly. He said steady support for investors would help realise Prime Minister Narendra Modi’s vision of Viksit Bharat-2047.

Dr Amit Kumar Agrawal, Commissioner and Secretary of the Industries Department, said officials are regularly following up the MoUs signed at roadshows in Japan, Singapore, Mumbai, Karnal and Gurugram. A special team has been set up to help investors find private land. This is in addition to the industrial estates of the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). Land in private industrial parks is also being offered. Four Udyog Sathis have been appointed in every district to guide investors.

The department has asked the Finance Department for an extra ₹500 crore.

Dr Agrawal also said HSIIDC has proposed an Urban Hidden Park on about 250 acres in Manesar. It will be modelled on Delhi’s Lodhi Garden, Nehru Park and other international parks. The first phase will cover 83 acres, and an agency has been asked to prepare the Request for Proposal (RFP). The park will act as green lungs for Gurugram.

For small businesses, MSMEs can get a subsidy of ₹5 lakh under the Plug and Play Policy. Under the revised approach, investors will take part as buyers rather than sellers. Proposals for the Haryana Multi-Modal Logistics Plan and the Haryana EV-Cargo Logistics Scheme are also ready.

The minister told officials to clear pending cases of Central government subsidies for the MSME sector quickly. He also asked them to settle pending petitions under the Firms and Societies Act and finish the changes to the Act so that the amendments can be placed before the House in the coming Assembly session.

Industries Department Director General Yash Garg, HSIIDC Managing Director Vinay Pratap Singh, Additional Director (MSME) Bharat Bhushan Gogia and other officials attended the meeting.