Haryana has attracted Rs 25,646.54-crore investment for 99 large and medium units in the last four years. The state?s investment inflow increased after the implementation of the new investment-friendly industrial policy, which also generated employment opportunity for over 2.35 lakh people.

A spokesman of the state industries department said 7,913 small-scale industrial units, with an investment of Rs 5,646 crore had also been set up in the state, besides the implementation of 343 entrepreneurs memorandum, with a total investment of Rs 6,067.70 crore during the period.

Under the new industrial policy, a number of incentives had been offered and these have resulted in increasing the state’s exports to Rs 35,000 crore during 2008-09, the spokesman said, adding that a petrochemical park with an investment of Rs 35,000 crore was also being set up at Panipat for the development of downstream industries of Indian Oil Corporation Limited. The Kundli-Manesar-Palwal Expressway is also being developed as a global corridor.

The state had also received 100 proposals of about Rs 2,00,000 crore for setting up SEZs in the state, which involves the employment potential for more than 20 lakh people. Out of these proposals, 64 proposals had already been granted approval by the Centre.

Giving the details of the concessions being given to the industries under the industrial policy 2005, the official added that the Haryana VAT Rules, 2003, had been amended to expand the scope of the scheme of interest-free loans under the new industrial policy. The Haryana Industrial Promotion Act -2005 had also been enacted to provide time-bound clearances and approvals to the industrial projects. Also, in order to promote tourism in the state, the new Tourism Policy 2008 had been formulated and tourism activities in the state are now being given the status of industry under the policy.

The incentives being given to industrialists have resulted in an investment of Rs 40,000 crore. Besides, an investment of more than Rs 90,000 crore is in the pipeline. FDI to the tune of Rs 9000 crore had also been catalysed during the period and 654 IEMs, with an investment of over Rs 18,337 crore, had been filed with the Centre for setting up projects.