Rs one lakh crore investment on the anvil in Haryana

Projects are expected to mature in near future according to Haryana Industries Department.

A number of industrial projects involving an investment of about Rs 1 lakh crore are in the pipeline in Haryana,and these are expected to mature in the near future according to Haryana Industries Department.

An official spokesman of the Haryana Industries Department said here today that these projects included Lotte (Rs 300 crore); We-Fang (Rs. 500 crore); Nestle (Rs. 250 crore); Jaquar (Rs. 200 crore); UIDAI (Rs. 280 crore); Kyo Bearing (Rs. 500 crore); Fujitsu (Rs. 185 crore); EEL (Rs. 120 crore); Kerry (Rs. 100 crore); SJN Cylinder (Rs. 150 crore); Denso (Rs. 500 crore); Panasonic (Rs 1,200 crore); and ,Reliance Retail (Rs 500 crore).

Investment of Rs 21,000 crore is expected to be made by more than 4,150 entrepreneurs/projects which have been allotted plots by the HSIIDC. Investment of Rs 5,500 crore is envisaged from Maruti Suzuki and Suzuki Motorcycles alone.

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While the Reliance-METCO Project involves an investment of Rs 15,000 crore,investment worth Rs 12,000 crore is expected in power projects. The 135-km Kundli-Manesar-Palwal Expressway,planned on BOT basis at an estimated cost of Rs 1,200 crore for construction and Rs 630 crore for land,is under implementation. The Economic Corridor would be developed along this expressway where a number of townships and hubs would be developed. Extension of Delhi Metro to Faridabad and Bahadurgarh involves investment of Rs 3,281 crore.

The spokesman said that the three early bird projects under the Delhi-Mumbai Industrial Corridor (DMIC) would involve huge investments. These include MRTS between Gurgaon-Manesar-Bawal (Rs 30,000 crore); Global City Project,District Gurgaon (Rs 6,000 crore); and Logistics Hub,District Rewari,(Rs 3,000 crore).

An investment of Rs 63,764 crore has already been made since March 2005. It includes investment made in the plots allotted by the HSIIDC in various industrial estates (Rs 41,656 crore),assuming that 50 per cent of the projected investment has already been catalysedRs 20,828 crore; Indian Oil Corporation-PX/PTA Project and Refinery Expansion and Naptha Cracker PlantRs 24,000 crore; Maruti-Suuzuki (Gurgaon-Manesar projects) Rs 11,000 crore; RHSL/METCO,Jhajjar Rs 4,500 crore; and SEZs already operationalRs 3,436 crore.

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