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Growth prospects: US keen to invest in state’s IT sector

The United States of America has expressed keen interest in exploring investment opportunities in Haryana, especially in the field of information technology and food processing.

business Updated: May 30, 2013 01:33 IST
HT Correspondent

The United States of America has expressed keen interest in exploring investment opportunities in Haryana, especially in the field of information technology and food processing.

The US ambassador, Nancy J Powell, called on Haryana chief minister Bhupinder Singh Hooda in Chandigarh on Wednesday, describing her visit to the state as an opportunity to meet political and business leaders in the state. US-based multinational companies have invested about R1,000 crore in the state, out of which 165 companies collaborated financially or technically in various projects.

During the meeting, the chief minister apprised Powell about development works taking place in Haryana. He said that the state has more than 1,000 industrial units where leading firms such as Timex, Whirlpool, General Electric, Mobil Petroleum, Hollister, Mars, Volvoline, Amazon, Carrier and Harley Davidson, have invested or collaborated with Indian companies.

Hooda said that Haryana stood first in terms of per capita investment in the country and the state also figures among top states in terms of per capita income.

While the Central Government had honoured the state with Krishi Karman Award twice, Haryana is also number one in wheat production along with highest resource mobilization among Indian states.

Talking about steps taken by the state government to bring qualitative improvement in the educational system, Hooda said Haryana is emerging as an education hub. After the US and China, the world’s third defence university is being set up in district Gurgaon.

Apart from this, the first National Institute of Design in northern India is also being set up at Kurukshetra. The state already has the first women university in northern India set up in Sonipat.