A lilliput in size but a giant in attainment, with just 1.37 percent of the country’s geographical area and 1.97 percent of the country’s total population, Haryana notwithstanding the impact of slowdown has shown exports of Rs. 48,530 crore during the year 2010-11.
Till now the State has received Foreign Direct Investment (FDI) of Rs. 13,128.81 crore, of which an investment of Rs. 9628.81 crore has come up after implementation of the Industrial Policy, 2005.
Haryana currently produces two third of passenger cars, 50 per cent of tractors, sixty percent of motor cycles and fifty percent of refrigerators manufactured in the country. About twenty-five per cent of country’s total production of sanitary-ware is from Haryana. One out of every four bicycles in the country is manufactured here.
The State has already 857 projects with foreign technical collaboration like Maruti Udyog Limited, Hero Honda, Modi Alcatel, Escorts, Sony India, VXL India, whirlpool Industries, Wipro Limited, Perfitti India, DCM, Benetton, TDT Copper Limited, Asahi India Safety Glass Etc. Some Major Units in the public sector are Indian Oil Corporation in Panipat, HMT Limited, National Fertilizer, Indian Drugs and Pharmaceutical, Bharat Electronics Limited IBPL etc.
A spokesman of Haryana Industries and Commerce Department said that having catalyzed an investment of about Rs.61,000 crore since 2005 and an investment of about Rs. 97,000 crore being in the pipeline, Haryana has more than 1,000 projects with foreign technical or financial collaboration. The State Government has announced its new “Industrial and Investment Policy-2011” which is effective from January 1, 2011. The new Policy is expected to expand the investment horizons in different sectors of economy to the relatively backward areas of the state.
He said that 783 IEMs have been implemented in Haryana with an investment of Rs.24,302.86 crore providing employment to more than 1.89 lakh persons since the year 2005-06.He said that from 2005-06 to August 2012, a total of 1021 IEMs, catalyzing an investment of Rs. 38,750.68 crore with employment potential for more than 3.08 lakh persons were filed with Government of India.
He said that the State has a rich industrial base with 1362 large and medium units, out of which 113 units have been set up during 2005-2011 with an investment of Rs. 2887.65 crore providing employment to 19,626 persons. About 83,000 Small Scale Industrial or MSME units have also been set-up in the