Make In Haryana: Land allotted to 7 companies with over Rs 1k crore investment

Gurgaon: With an investment plan of over Rs 1,300 crore, Haryana govt has approved the allotment of industrial land to seven companies. The allotment — across Sohna, Bawal, Barhi and Dharuhera — marks one of the first major steps towards implementing investment commitments made under the Make in Haryana initiative launched earlier this month in Gurgaon.The decision was taken at a meeting of the empowered executive committee (EEC) held in Panchkula on Wednesday. The projects will attract investments of around Rs 1,316 crore and are expected to generate more than 5,000 jobs. The companies were among those that committed investments during the state's recent investor outreach programme. Principal secretary to the chief minister and co-chairman of HSIIDC Arun Kumar Gupta said that the process of industrial land allotment in Haryana is now "transparent and fast-paced".The largest project belongs to Trontek Electronics Ltd — manufacturing of lithium batteries — which will invest Rs 790 crore on nearly 13 acres in Sohna. Orient Fashion Exports — which is in the garment sector — will invest Rs 51.5 crore on a three-acre site. In Bawal, Bolhoff Fastenings Pvt Ltd and Maccor Industries Pvt Ltd, manufacturer of automated test equipment for batteries, fuel cells and supercapacitors, will invest Rs 116 crore and Rs 45 crore, respectively. Additional approvals were granted to Paras Polymers, Richaco Exports and another industrial unit. "The move reflects Haryana's push for faster and more transparent industrial land allotment," said an officer from HSIIDC.On June 1, the state signed investment memorandums of understanding (MOUs) worth Rs 1.1 lakh crore with various companies during an event in Gurgaon. Work has now begun to convert these agreements into actual industrial projects.