HSIIDC Approved As ‘Project Implementation Agency’ By Government of India

CHANDIGARH: In a significant achievement, the Haryana State Industrial Development Corporation (HSIIDC) on Friday was picked up by the Government of India as ‘Project Implementation Agency’.

Not only this, the Central Government has also approved a financial assistance of Rs.331.04 crore for setting up of an Electronic-Manufacturing Cluster (EMC) in 500 acres at IMT Sohna. The total cost of this project will be Rs.662.08 crore. It is a matter of pride for the state that Haryana is one of the two states which have been sanctioned grants under this (EMC) project so far.

Haryana Deputy Chief Minister, Dushyant Chautala, who holds the charge of industries department too, said that India wants to become more self-reliant in the medical field in order to combat any challenges in the future. Haryana has substantial investment opportunities in the field of electronic components and medical devices.

He said that setting up of an Electronic-Manufacturing Cluster (EMC) in 500 acres at IMT Sohna would also help in setting up other Industries for inclusive development. Sohna is located near the capital region of New Delhi which even extends the reach with areas like Gurugram, Noida, Ghaziabad and Faridabad. Plants of some of the world’s largest auto companies, including Maruti Suzuki and Honda, are also located in this area. In such a situation, the establishment of EMC will also benefit the companies of e-vehicles to be set up in future.

Chautala informed that industrial plots, ready built factories, well equipped tool rooms, start-up facilitation centres, godowns, skill development centres and other necessary assistance to industrialists besides setting up of Electronic-Manufacturing Cluster (EMC) will be made available in Sohna.

Chautala said that the new industrial policy implemented by the state government, ‘Haryana Industrial and Employment Policy-2020’, ‘Employment Generation Subsidy Scheme’, etc., have taken many such historic steps, due to which today ATL, Flipkart, Maruti, Amazon India, Walmart increase Big companies like Haqdarshak are continuously coming to Haryana for investment.

Source: Times of India