Rs 4,800 crore investments to get materialised soon in Haryana

CHANDIGARH: Industrial projects involving investment of about Rs 4,800 crore committed by various companies, including Reliance Retail and Panasonic, would come up soon in Haryana, Haryana State Industrial and Infrastructure Development Corporation said today.

Among the 13 proposed projects, Panasonic plans to invest Rs 1,200 crore for setting up a facility to manufacture AC, Washing machines etc at 74 acres of land in Jhajjar.

Reliance Retail has proposed to invest Rs 500 crore on setting up a northern distribution centre and wholesale and warehousing facility at Jhajjar which will spread over 40 acres of land.

Lotte--a South Korean company will invest Rs 300 crore for producing chocklates, biscuits, snacks, ice creams etc in a facility spread over 20 acres of land in Rohtak.

Centre's Unique Identification Authority of India has proposed to invest Rs 280 crore for setting up a data centre in Manesar at an area of 5 acres of land.

He said Rs 1,830 crore Kundli-Manesar-Palwal Expressway project being developed on BOT basis, includes Rs 1,200 crore for construction and Rs 630 crore for land.

An Economic Corridor would be developed along this Expressway where a number of townships and hubs would be developed.

Also, an investment of Rs 5,500 crore is envisaged from Maruti Suzuki and Suzuki Motorcycles and Rs. 15,000 crore from Reliance-METCO Project, he said.

He said under the Delhi-Mumbai Industrial Corridor (DMIC) project, a band of 150-200 km is being developed to create a base in this band with globally competitive environment and infrastructure facilities.