Haryana to invest over Rs.1,200 crore in industrial land

March 14th, 2010 - 8:04 pm ICT by IANS  

Chandigarh, March 14 (IANS) The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) proposes to invest over Rs.1,200 crore on land acquisition and development of industrial infrastructure during the next financial year of 2010-11, officials said here Sunday.
“The HSIIDC will invest over Rs.1,200 crore in 2010-11 in Haryana. A multi-modal logistic hub, an exhibition-cum-convention centre and a mass rapid transport system from Gurgaon to Bawal had been identified as the early bird projects which will be developed during 2010-11,” a HSIIDC spokesman said.

He added: “Under the economic stimulus package, special dispensation is being made for creation of housing stock for industrial workers. Haryana has emerged as a favourite investment destination for industry, and scored amongst the top states in India on per capita investment performance.”

The HSIIDC is also planning to expand Industrial Model Township (IMT), Manesar, besides the development of IMTs at Faridabad and Ambala is under consideration.

The spokesman said to equip the people to reap the advantages of industrialisation, the state government is establishing a number of skill development facilities in the state.

These included the National Institute of Food Technology, Entrepreneurship and Management (NIFTEM), footwear development and design institute, central institute for plastic engineering and technology and Indian institute of corporate affairs at various places in Haryana.

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