Rs 32,417Cr investment potential to create 1.25 lakh jobs
Punjab Newsline, Chandigarh –
The Haryana Government achieved a major milestone with the signing of the State Support Agreement (SSA) and Shareholder Agreement (SHA) with the National Industrial Corridor Development and Implementation Trust (NICDIT) for the development of an Integrated Manufacturing Cluster (IMC) at Hisar under the Amritsar-Kolkata Industrial Corridor (AKIC) initiative.
The IMC Hisar, spread over 2,988 acres, is being developed near the recently inaugurated Maharaja Agrasen International Airport. With a project cost of Rs 4,680 crore and an investment potential of Rs 32,417 crore, the cluster is expected to generate over 1.25 lakh employment opportunities. Strategically located between the Eastern and Western Dedicated Freight Corridors (EDFC & WDFC), it will offer excellent connectivity via NH-52, NH-09, rail networks, and major logistics hubs, providing investors with unmatched advantages.
The IMC Hisar will serve as a catalyst for industrial growth and investment inflows, strengthening Haryana’s position as a leading industrial hub in North India. By fostering a business-friendly ecosystem, it will attract both domestic and global investors, boost the Make in India initiative, and contribute to India’s journey towards becoming a global manufacturing powerhouse.
The signing of these agreements reflects the Government of India’s and Haryana’s shared vision of developing world-class industrial infrastructure, driving large-scale employment and creating sustainable growth opportunities for the youth of the state.
This futuristic collaboration is expected to transform Hisar into a vibrant industrial and economic hub, reinforcing Haryana’s reputation as a preferred destination for investors and accelerating the state’s industrial advancement.
The agreements were signed by NICDC Chief Executive Officer and Managing Director Rajat Kumar Saini, Commissioner and Secretary, Civil Aviation Department, Government of Haryana, Amneet P. Kumar and Managing Director, Haryana Airports Development Corporation (HADC), Narhari Singh Banger.