The study stressed upon the need to explore newer avenues for investments in electronic component and manufacturing services as the state is home to numerous small, medium and large electronics units operating across electronics system design and manufacturing (ESDM) space.
The study 'Haryana: Emerging as the pioneer knowledge state of India', jointly conducted by Assocham and global consulting firm Frost & Sullivan, was today jointly released by D S Rawat, national secretary general of Assocham along with V G Ramakrishnan, Managing Director, South Asia, Frost & Sullivan here.
Clusters for electronic components, LED lighting, medical electronics are some of the high opportunity areas for Haryana, suggested the study.
"Besides, given Haryana's close proximity to chip design majors in Delhi and Noida, assembly test mark and packaging (ATMP) facilities can be set up and the companies can avail incentives for the same under the new modified special incentive package scheme (MSIPS)," it added.
"To cater to the huge number of small and medium electronics enterprise in the national capital region (NCR), investments can be made in setting up basic/specialty electronic testing, calibration and certification centers," it said.
"The state government needs private sector participation to attract investment in healthcare sector to facilitate establishment of quality healthcare institutions within the framework of set standards and norms," it said.
"Building on its existing strengths in the medical segment, locational advantage of the state creates opportunities for attracting investments to facilitate establishment of quality healthcare institutions," it said.
There is an urgent need to improve the quality of public education system by increasing the number of good quality higher education institutions across Haryana on the basis of public-private partnership (PPP) mode, the study added.
Tourism, food processing, automotive industry, footwear and accessories, textiles and garments, petrochemicals and electronics are certain untapped sectors critical for Haryana's overall growth and development, it said.
"These sectors can have substantial impact in the development of the state's rural economy thereby revolutionising the way rural people live, think, and above all survive and this rural revolution will go a long way in contributing towards economic and inclusive growth."
The study has suggested the state to establish cold chains, provide pre-cooling facilities to farmers as a service, cold chains in terminal markets and improving the retail marketing arrangements on a priority basis.