HSIIDC approved as ‘Project Implementation Agency’ by Government of India

The Fact News Service
Chandigarh, October 2

Another major achievement has been added to the growing path of Haryana’s Development today. ‘Haryana State Industrial Development Corporation (HSIIDC)’ has been selected by the Government of India as the ‘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, Sh. Dushyant Chautala 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. As 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 here in future.

Sh. Dushyant 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. The Deputy Chief Minister said that the efforts being made by the State Government to increase investment and employment in the State are continuously paying off. After big companies like ATL, Flipkart, Maruti, e-commerce company ‘Amazon India’ which are also expanding their storage network in the State. This will attract new employment opportunities for thousands of youth in the State.

The Deputy Chief Minister said that the selection of HSIIDC as the ‘Project Implementation Agency’ by the Central Government and setting up of Electronic-Manufacturing Cluster (EMC) at Sohna is a big achievement for the State which will also add new avenues of development in the State.

He said that the new industrial policy implemented by the State Government, ‘Haryana Industrial and Employment Policy-2020’, ‘Employment Generation Subsidy Scheme’, etc., are historic steps, due to which today ATL, Flipkart, Maruti, Amazon India, Walmart and other big companies like Haqdarshak are continuously coming to Haryana for investment. With this, while the pace of economic progress of Haryana is accelerating at a higher pace, it will open the doors of employment for a large number of local people. Apart from this, small industries will also get a boost due to the arrival of big companies in the State.