Mega Plant for Chemicals and Petrochemicals Production for Polyester Chips to come up near IOCL Panipat refinery
M/s Uflex Limited to infuse investments of around Rs. 600 Crores
Maruti Suzuki expands R & D Operations in IMT Rohtak in 100 acres
Punjab Newsline, Chandigarh, January 4 –
Under the leadership of Chief Minister Manohar Lal, Haryana has emerged as a beacon of continuous industrial development over the past 9 years. The state's strategic initiatives, combined with various incentives and facilities provided by the government, have made it a preferred investment destination for both national and international investors. Also, following the success of Gurugram, the spotlight is now on IMT Kharkhoda, which is poised to evolve as a thriving industrial centre. Maruti Suzuki's mega plant in Kharkhoda has set the stage for further expansion, with Uno Minda Limited committing a substantial investment of approximately Rs. 1100 crore in its upcoming mega project. This move is not only anticipated to propel the industrial landscape of the region but also promises a surge in employment opportunities.
During the 16th meeting of the Haryana Enterprise Promotion Board held under the chairmanship of the Chief Minister on Wednesday late evening, approval was granted to allocate approximately 94.32 acres of land to M/s Uno Minda Limited for its mega project. Additionally, Suzuki Motorcycle India Private Limited has proposed to invest around Rs. 2,000 crore to establish a mega plant in IMT Kharkhoda.
Deputy Chief Minister Dushyant Chautala, School Education Minister, Sh. Kanwar Pal, and Minister of State for Labour, Anoop Dhanak also remained present on this occasion.During the meeting, the Chief Minister was apprised that to boost industrial development, the state government, under the Haryana Enterprises and Promotion Policy (HEEP), 2020, is providing clearances of all kinds to investors under one roof, enhancing the confidence of every investor in Haryana and now a chemicals and petrochemicals mega plant for the production of Polyester Chips is set to be established near IOCL Panipat refinery. The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has allotted 14 acres of land to M/s Uflex Limited near IOCL Panipat Refinery. The company will invest around Rs. 600 crore in the state, providing employment opportunities for local youth.
