Metro Cash and Carry to invest Rs 659 crore in Haryana

By Staff
|
Google Oneindia News

Chandigarh, July 13 (UNI) The German-based Metro Cash and Carry company has offered to invest Rs 650 crore in Haryana. This offer has been made by Vice President, International Affairs Metro Group, Henry O E Birr, who called on Haryana Chief Minister Bhupinder Singh Hooda here this evening. Mr Henry said land had been identified for constructing warehousing at Kundli, Gurgaon, Faridabad and Panchkula.

Mr Hooda suggested him to invest in fisheries and hatcheries as the state is the second largest producer of inland fish.

The Chief Minister said Haryana government was promoting contract farming in the state and thrust was being laid on diversification of crops so that farmers could get remunerative prices of their produce.

He said Haryana was ideal place for investment as a conducive environment was prevailing in the state and a number of multinational companies were coming to invest in Gurgaon.

Mr Hooda said Haryana was exporting Basmati rice as the export quality basmati rice was being produced in the state.

Haryana Agricultural Marketing Board had made an agreement for export of Kinnow from the state.

Cash and Carry company had already invested in five states of the country including Karnataka, Andhra Pradesh, West Bengal, Maharashtra and Tamil Nadu.

UNI

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