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Haryana received investment commitments totalling ₹20,000 crore from 18 investors in sectors like retail, logistics and renewable energy, at the Make in India event here on Sunday.
Besides this, the State has signed an MoU of ₹65,000 crore with the Wanda Group, a Chinese realty and entertainment conglomerate, said Haryana Chief Minister Manohar Lal Khattar.
The State hopes to create to 4 lakh jobs from these investments, and seeks to expand into new sectors such and aviation and defence, he added. Plans are afoot to create an aviation hub at Hisar, where the State has 3,500 acres of land available, he further said.
Textile parks The Maharashtra government is targeting a ₹40,000-crore investment in the textiles sector, with the creation of 11 lakh jobs.
It is also planning to set up 10 new textile parks, , State Industries Minister Subhash Desai announced on Sunday.
Desai said the State government has taken a policy decision of allowing textile parks only in cotton-producing districts, adding that for greenfield projects, about 50 per cent subsidy will be provided on the project cost. No premium will be charged on purchase of industrial land.
On Saturday, textile major Raymonds Ltd entered into an MoU with the Maharashtra government to invest ₹1,400 crore in manufacturing linen yarn, fabric and garments. The unit will come up at the Nandgaon Peth Textile Park in Amravati district.
Start-up push Odisha bagged ₹40,000 crore of investment at the event. The investments have come in from various Indian conglomerates, along with a $500-million investment from Israel in the defence sector.
While L&T has plans to invest ₹12,000 crore in Odisha to set up an integrated alumina plant in Rayagada district, ITC plans to set up a food processing plant at an investment of ₹800 crore.
ITC is also developing 10,000 hectares of agro forest that will provide livelihood opportunities for locals, and would help in generating raw material for its paper business.
Meanwhile, aluminium major NALCO has committed an investment of ₹20,550 crore for expanding their plant at Damanjodi, and setting up at aluminium park at Angul. Chief Minister Naveen Patnaik said the State has been on a fast growth track with 8 per cent annual growth in 2015.
“For one and a half decades, Odisha has shown remarkable growth, and commitment to progress, along with political stability. We are growing at 8 per cent and are poised to grow at 12 per cent by 2020,” Patnaik said. The State government has envisaged a plan to attract investments worth ₹2.25 lakh crore by 2020 that will also generate 10 lakh jobs. To achieve this growth, the State is expanding its industrial base and the government has started a new initiative called ‘New Odisha Industrial Development Plan 2020’, unveiled on Sunday.
The government is also looking to boost the start-up ecosystem in the State. For this, it has tied up with TiE Silicon Valley and OYO Rooms, to set up a start-up hub at Bhubaneswar.
Patnaik said the State will spend about 2 per cent of the annual budget towards IT development.
SEZ in Gopalpur TV Narendran, MD of Tata Steel, said: “We have got SEZ status for the industrial park at Gopalpur. We have almost 3,000 acres of land there. Our ferro chrome plant, with an investment of ₹1,000 crore, will be commissioned within the next few months in Gopalpur. Another Investment of ₹2,000-2,500 crore is required for developing the infrastructure.”
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