IMT Kharkhoda to Undergo Development similar to Gurugram; UNO Minda Limited to invest approximately Rs. 1100 crores in Mega Project

M/s Uflex Limited to infuse investments of around Rs. 600 Crores

Chandigarh, January 4, 2024 – Under the leadership of Chief Minister, Sh. 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, Sh. Dushyant Chautala, School Education Minister, Sh. Kanwar Pal, and Minister of State for Labour, Sh. Anoop Dhanak also remained present on this occasion.

Mega Plant for Chemicals and Petrochemicals to come up near IOCL Panipat refinery

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.

Expansion of Maruti Suzuki’s R&D Activities in IMT Rohtak

The Chief Minister was further apprised that Maruti Suzuki India Limited (MSIL) is already operating Research and Development (R&D) activities with Rs. 3,600 crore investment on 600 acres of the allotted 700 acres of land in IMT Rohtak. This initiative has created employment for approximately 3,400 people. Now, MSIL has expressed its intention to acquire the remaining 100 acres of land for the expansion of its unit, which the Board has approved.

HSIIDC aims to attract an investment of Rs. 28,950 crore

It was shared in the meeting that the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has set a goal to attract an investment of Rs.28,950 crore in Block-A, B, C, and D under the Haryana Enterprises and Promotion Policy, 2020. Advertisements for plot auctions are regularly released to achieve this goal, and investors have shown enthusiasm for investing in the state.

Chief Secretary, Sh. Sanjeev Kaushal, Chief Principal Secretary to Chief Minister, Sh. Rajesh Khullar, Additional Chief Secretary, Finance Department, Sh. Anurag Rastogi, Additional Chief Secretary, Industries and Commerce Department, Sh. Anand Mohan Sharan, Principal Secretary to Chief Minister, Sh. V Umashankar, Managing Director, Haryana State Industrial and Infrastructure Development Corporation, Sh. Yash Garg and Additional Managing Director, HSIIDC, Smt. Varsha Khangwal and other officers also remained present on this occasion.

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