What is Haryana's new policy to boost manufacturing?

Haryana has introduced the 'Make in Haryana for the World' policy, designed to establish the state as a global manufacturing hub through incentives and tailored sectoral packages.

What are Haryana's key economic advantages for manufacturing?

Haryana benefits from a strong GSDP, consistent economic growth, high GST contribution, a young workforce, and a strategic location within the NCR with excellent connectivity.

How does Haryana improve connectivity for its industries?

The state is enhancing connectivity through major infrastructure projects like the Delhi-Mumbai Expressway and proximity to three international airports, facilitating access to both domestic and global markets.

Home / Business and Economy / Haryana Gears Up for Global Manufacturing Powerhouse Status

Haryana Gears Up for Global Manufacturing Powerhouse Status

15 Feb

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Summary

Haryana aims to become a global manufacturing hub with new policies.
The state boasts strong economic fundamentals and a young workforce.
Strategic location near NCR and improved connectivity are key advantages.

Haryana Gears Up for Global Manufacturing Powerhouse Status

Haryana is implementing a forward-looking policy to position itself as a global manufacturing hub. Titled 'Make in Haryana for the World,' this initiative aims to attract significant investments by offering capital subsidies and tailored sectoral packages.

The state's economic foundation is strong, evidenced by a $79 billion GSDP and consistent 6.8% annual growth. Despite its small share of national land and population, Haryana contributes substantially to GST collections, indicating industrial strength.