Haryana poised for rapid industrilisation

Chandigarh, Aug 5 (UNI) Haryana was speedily poised for rapid industrilisation as the investor-friendly policies had precipitated an investment of Rs 35,000 crore in the State during the last over three years while projects worth Rs 70,000 crore were in the pipeline.

Foreign Direct Investment of the order of Rs 7300 crore had also been attracted during this period, a spokesman of the Industries Department said here today.

As many as 338 Industrial Entrepreneurs Memorandums (IEMS) with an investment of Rs 5630.77 crore had been implemented, besides 567 IEMS catelising an investment of Rs 14164.53 crore had also been filed with the Government of India to set up large and medium projects in the State, he said.

He pointed out that the export from Haryana was likely to touch an all time high of Rs 40,000 crore during the year 2007-08 as against Rs.30,000 crore in the year 2006-07.

As many as 94 large and medium units and 5031 small scale industrial units had been set up in the State during this period, he added.

The Haryana Industrial Promotion Act, 2005 had been enacted to provide time bound clearances and approvals to industrial projects and a provision of grant of deemed approvals for change of land use permission in industrial zone, building plans, NOC from Municipal Committee, NOC from Pollution Control Board had been made by the State Government for the benefit of entrepreneurs, said the spokesman, adding that Haryana SEZ Act, 2005 had also been enacted to boost export and to attract industries on large scale, resulting in receiving 94 proposals for setting up SEZ in the State catalysing an investment of more than Rs two lakh crore and employment potential for more than 20 lakh persons out of the total proposals 41 had already been sanctioned by the Government of India.

UNI JN MMS1740