E-Paper
Daikin to invest ₹1,000 crore in Haryana
Chief minister Nayab Saini says this will create new employment opportunities for more than 500 youth in the state; under this investment, a state-of-the-art research and development centre will come up in Manesar
Haryana chief minister Nayab Saini on Tuesday said Japanese multinational Daikin, known for manufacturing air conditioners, would make a ₹1,000-crore investment in Gurugram’s Manesar.
Saini who interacted with a Japanese delegation at Chandigarh said this would create new employment opportunities for more than 500 youth in the state. The CM said that Japanese companies’ confidence in investing in the state had increased significantly, and they were now eager to invest. Under this investment, a state-of-the-art research and development (R&D) centre would be established in Manesar. This will be the largest and first-of-its-kind centre in the country, which will not only promote technological innovation but also further strengthen Haryana as an industrial hub, the CM stated.
Saini said this is a direct outcome of the memorandum of understanding (MoU) signed during his visit to Japan in October. “The state government’s objective is to promote ease of doing business and reduce the cost of doing business. A single-window system has been implemented for the convenience of industrial investors, under which all required NOCs are provided at one place. This has simplified and expedited processes, increasing the attraction of foreign companies towards the state,” he said.
