Janani Foods Pvt Ltd will be investing Rs 400 crore in an integrated horticulture processing project in Barwala, Haryana involving creation of employment for 2000.

A Memorandum of Understanding (MoU) in this regard was signed by S Sundararajan, CEO & Director, Janani Foods Pvt. Ltd. and Mr. Sudhir Rajpal, IAS, Managing Director, HSIIDC, at a road show organised by Confederation of Indian Industry (CII) and Government of Haryana here on Sunday on the Pravasi Haryana Divas to be organised in Gurugram during January 10-11, 2017.

Speaking on the occasion, Sudhir Rajpal, Principal Secretary, Government of Haryana & Managing Director, HSIIDC, said Haryana was an industrial ``power house’’ producing 50 pc of the passenger vehicles and 60 pc of motorcycles in the country.

It had highest urban average spend across the country along with highest Basmati rice exports from the country and highest per capita income in the country among major states, he added. .

State government is working policies for aerospace & defence, IT, food processing retail, textiles sectors, among others, to boost ease of doing business in the state, he added.

Nrupender Rao, Chairman, CII Telangana State Council & Chairman, Pennar Industries Ltd said industrialists in Hyderabad and Telangana were always looking for investment opportunities in other states and countries across the globe.

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