Haryana govt signs MoUs for Rs 3,000 cr investment to boost industrial sector in the state

Nayab Saini, Chief Minister Of Haryana, on Wednesday announced that the state government has signed two MoUs to boost state's industrial sector with an investment of Rs 3,000 crore.

The first agreement is signed with Daikin in Osaka to establish a new Research and Development (R&D) center in Haryana, with an investment of Rs 1,000 crore. Secondly, Kubota Corporation has announced an investment of Rs 2,000 crore in partnership with Escorts under technical collaboration in the agricultural equipment manufacturing sector in Haryana.

"Pleased to share that an MoU was signed between the Haryana Government and Daikin in Osaka to establish a new Research and Development (R&D) center in Haryana, with an investment of ₹1,000 crore. This initiative will create new employment opportunities for our youth and significantly boost technological advancements," Saini said in a post on X.


He held detailed discussions with senior officials of Kubota Corporation at their tractor plant in Osaka regarding potential investments and opportunities for technical collaboration in the agricultural equipment manufacturing sector in Haryana.

"This significant investment will further strengthen Haryana’s industrial and agricultural sectors, bring cutting-edge agricultural technologies to the State and create substantial employment opportunities for our youth," he said.

Tamil Nadu Industries Minister TRB Rajaa announced that the state government has signed an MoU with Nissan in Japan. "They have signed an MoU to take talent, train in Japanese, in engineering, in IT skills and ensure jobs for them in the Japanese service sector," he said.