Haryana CM Khattar woos US investors, promises full govt support
Showcasing Haryana as an attractive investment destination, chief minister Manohar Lal Khattar has invited US companies to invest in the state in sectors like IT, auto and defence production while assuring them full government support for the ease of doing business. Khattar began his 10-day visit to the US and Canada on Sunday, reaching New York and interacting with the diaspora.Updated: Aug 17, 2015 22:17 IST
Showcasing Haryana as an attractive investment destination, chief minister Manohar Lal Khattar has invited US companies to invest in the state in sectors like IT, auto and defence production while assuring them full government support for the ease of doing business. Khattar began his 10-day visit to the US and Canada on Sunday, reaching New York and interacting with the diaspora.
He is leading a 19-member strong delegation comprising leading business organisations of Haryana and state officials and will visit Washington, San Francisco, Vancouver and Toronto during his trip till August 24.
Khattar, who attended the annual India Day parade at Madison Avenue in Manhattan, was accorded a grand reception by members of the Overseas Friends of BJP and Indian diaspora here on Sunday evening.
ATTENDS I-DAY CELEBRATIONS
The first day of Khattar's visit coincided with India's Independence Day celebrations that were held across the US. In the reception at New Jersey, Indian-American youngsters presented cultural performances to commemorate the day.
Addressing hundreds of supporters at the reception, Khattar invited investments and expertise in various sectors in Haryana particularly food processing, IT, renewable energy, skill development, defence production, auto, industrial parks and pharma.
"I invite you to invest in Haryana. I want to assure you that we will not let you face any challenges or difficulties
in the state and the Haryana government will provide you with all possible facilities," Khattar said in his remarks in
He said a "relationship manager" will be appointed for investors and companies who will provide all necessary help.
Khattar said the new industrial policy known as 'Enterprises Promotion Policy-2015' announced by him is
aimed at ensuring ease of doing business, enhancing competitiveness of the industry and lays special focus on
manufacturing and services enterprises and on balanced regional growth and micro, small and medium enterprises.
The new policy aims at attracting investment of over `1 lakh crore, creating four lakh jobs and accelerating economic growth to over 8% in the state.
It would also make doing business hassle-free through a new industrial regime of automatic approval and
decentralisation. The chief minister highlighted the growth agenda initiated by the Narendra Modi government, saying that programmes like 'Make in India', 'Skills India', 'Digital India' and 'Smart Cities' will boost the country's economic and manufacturing growth. Inviting investors to participate in Haryana's growth and and development story, Khattar said the state is fast-growing as "industrial power house" and "veritable knowledge hub".
Highlighting the measures taken to attract foreign investment, he said 10% industrial plots have been
reserved specifically for NRIs and foreign investors.
The state government is also setting up a 'Startup Ware House Business Incubation Centre in Gurgaon' to help young entrepreneurs. The chief minister and his delegation also visited Ground Zero in New York on Sunday morning where he paid homage to the victims of the 9/11 attacks.
He is also expected to go to Connecticut where he will meet the state governor and business leaders.
Khattar also touted Haryana's developed infrastructure and said the state has investor-friendly industrial
policies and transparent investment procedures aimed at ensuring ease-of-doing business, giving a fillip to existing
units and taking the industry to the hinterland.
With 1.3% of the total geographical area of the country, Haryana contributes almost 3.4% to India's GDP, he said adding that Haryana's per capita income is USD 2,084.7 (2013-14), considerably higher than the national average of USD 1170.6.
Accompanying the chief minister is the state's industry and commerce minister Capt Abhimanyu.
The delegation will also hold meetings with the US India Business Council (USIBC) and Canada India Business Council (CIBC) during its visit.
First Published: Aug 17, 2015 21:09 IST