Haryana receives Rs 33,000 cr investment

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Chandigarh, Jun 2 (UNI) Haryana Chief Minister Bhupinder Singh Hooda today said the state had received an investment of Rs 33,000 crore while another Rs 66,000 crore was in the pipeline.

The Chief Minister stated this while addressing a gathering after 'Bhoomi Poojan' of a plant at Bahadurgarh which would be set up by Yokohama Private India Ltd of Japan at Bahadurgarh Industrial township in Jhajjar district.

He said the state government was providing a number of facilities to the companies for setting their venture in the state.

The multinational company Yokohama of Japan had also set up its first plant in India and that was set up at Bahadurgarh, he added.

Mr Hooda said Yokohama Tyre Company was the seventh largest tyre manufacturing company of the world. He assured Japanese Business delegation and entrepreneurs that all possible help would be provided by the government.

He said the land for this plant was allotted 37 days ago and the company had made a new landmark in Asia by starting the construction work.

He said this industry, to be set up in 25 acres of land, was likely to start production in next 14 months and the investment of the company would be Rs 1,000 crore by 2010.

He said by setting up of this plant, the economy of this area would have a perceptible change and ample employment opportunities would be available for the youth of this area.

He observed that Bahadurgarh would prove to be another Gurgoan in the matter of development in the coming days.

He said at present about 65 Japanese companies had invested in the state and out of the total investment made by the Japanese companies in the country about 70 per cent investment had been made in Haryana alone.

UNI MA MP BST2139

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