Russia has shown keen interest in mutual cooperation with Haryana in areas of aerospace and semi-conductor chip manufacturing.
Haryana has also assured all support and cooperation for further strengthening business ties with Russia.
Minister of Government of Moscow Sergey Cheremin who called on Haryana Chief Minister Manohar Lal Khattar and Finance and Industries Minister Captain Abhimanyu here today to discuss various investment opportunities in Haryana said that Russia is keen to promote business relationship with India.
The Russian delegation showed keen interest in mutual cooperation with Haryana in areas of aero space and semi-conductor chip manufacturing, Cheremin said.
While welcoming the Russian delegation, Abhimanyu said that defence and aerospace sectors have been prominently highlighted in the State’s new Industrial Policy besides offering special incentives in case production takes place in Haryana.
He said that the State Government has a plan to set up an aviation hub over an area of 3,000 acres in Hisar, about 150 km from International Airport at New Delhi.
This would be taken up by the Government as an alternative airport.
He said that recently, Haryana Government organised its first-ever ‘Happening Haryana Global Investors Summit-2016’ at Gurgaon which proved as a highly successful meet in the country.
About 359 Memorandum of Understanding (MoU) were signed during the Investors Summit with investment proposals to the tune of Rs 5.84 lakh crores.
Some of the MoUs are already starting to move. The Wanda Group of China, Asia’s Richest Group, has proposed to set up an Industrial Park in NCR area in Haryana over an area of about 3,000 acres and the State Government is going to finalise the deal in coming months, he said.
Apart from this, the State Government has received a large number of proposals from various top companies to set up their units in Haryana.
Abhimanyu said India always had strong relations with the USSR in the past and Russian Federation now and Haryana Government believed that there was ample potential for mutual cooperation in different fields between the two countries.
The Central Government has offered all regulatory frameworks for providing ease of doing business and as a result of this India is being seen as a great market for investment at global level, he said.
Abhimanyu said that engineering skills of Russia are well recognised in India and hoped that there would be more joint ventures between India and Russia.
“We intend to come up in top five countries as far as trade partnership is concerned,” he added.
Abhimanyu said that Haryana has a locational advantage as it surrounds National Capital Delhi from three sides.
Apart from this, 57 per cent of the State’s area falls in National Capital Region.
He said that covering about 1.3 per cent of the total geographical area of the country, Haryana contributes about 3.5 per cent of the National Economy.
He said that the major initiatives under the Delhi-Mumbai Industrial Corridor (DMIC) include Global City at Gurgaon, with a world class Exhibition-cum-Convention Centre, a Logistic Hub and a Mass Rapid Rail based Transport System, to be implemented jointly with the Government of India.