Home and Health Minister Anil Vij invites United Arab Emirates (UAE) investors to invest in Haryana

Haryana Home and Health Minister, Anil Vij has invited the investors of UAE to invest in Haryana. He said that various steps have been taken by the Haryana Government for investors and several different types of facilities are being provided in the state. Sh. Vij was adressing the gathering during the signing of an MOU and launch of Visapasspo, Jagerose and Shepay organized at CII, Sector-31, in Chandigarh today. During the programme, Education Minister Of UAE and member of ruling family, Sheikh Majid Rashid Al Mualla and members of his core team members were also present. 

Chandigarh is the best-planned city in India-Vij

While  welcoming the Education Minister of UAE, Sh. Vij said that Chandigarh is the best-planned city in India, with architecture which is world-renowned, and quality of life, which is unparalleled. As the capital of the states of Punjab and Haryana, and the Union Territory of Chandigarh it is a prestigious city and the face of modern India, he added. 

“I am happy to know that Education Minister’s company has decided to set up its new office in Chandigarh city, because many people from Chandigarh work in the company”, he added. He said that Chandigarh offers a different kind of advantage as the city provides smooth connectivity to the states of Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir and investors can get the benefit of free zone area as well.   

Haryana is one of the most progressive states of India- Vij

Home Minister said that Haryana is one of the most progressive states of India and the State is considered an Industrial Powerhouse of India with more than 250 Fortune companies being based in Haryana. With an area covering 1.3 percent  of the country, Haryana contributed near 3.94 percent to India’s GDP. With a total Population of 2.54 crore  (Census 2011) the state’s Per Capita Income is Rs.  2,39,535 which is double than India’s. Industry Sector’s contribution to GSVA is 30.2 percent  and FDI in the state is USD 1.7 Billion (April 2020- March 2021) making it 6th highest FDI in the country.

Haryana has taken many milestone in different sector- Vij

He said that Haryana has taken many milestone in different sector like 2nd Rank in Logistics Ease (as per the LEADS Survey 2021), 3rd in Export Preparedness Index 2020 (landlocked category), 3rd Largest software exporting state, having 5 percent  of Global BPO workforce. Similarly, 7th Largest exporting State in India (2nd in Landlocked) 

and 4th Largest producer of cotton contributing to 6 percent  of total production in India.Sh. Vij said that the state’s strategic location is greatly advantageous as nearly 60 percent  of the state falls under the National Capital Region with strong connectivity.The State is a geographical confluence with freight corridors- Delhi-Mumbai Industrial Corridor (DMIC) covering major districts such as Faridabad, Palwal, Rewari, Hisar, Sonepat, Manesar, Gurugram and a sizeable area falling under Amritsar–Kolkata Industrial Corridor (AKIC).  State has 5 domestic airports namely Hisar, Bhiwani, Karnal, Narnaul and Pinjore and proximity to 2 international airports- Chandigarh and New Delhi. Haryana has 9 Inland Container Depots (ICDs), 3 Container Freight Stations and  8 Private Freight Terminals which is highest in comparison to other states, he added.

India is fast moving in the field of industry and investment sector-Vij*

Sh. Vij said that India is fast moving in the field of industry and investment sector and under the leadership of the Prime Minister, Sh. Narendra Modi, the work is being done to promote industrialization in India through flagship programmes like Digital India, Startup India, Make in India and Skill India. To provide a stable and sustainable environment for growth of foreign trade in merchandise and services and creation of employment, a Foreign trade policy has been implemented. India’s foreign trade have been increased by 57.87 US billion dollar as compared to 46.28 US billion dollar previous. The Government of India is working with the slogan of Sabka Saath- Sabka Vikas-Sabka Vishwas-Sabka Prayas.

India-UAE economic and commercial relations contribute to the stability and strength of a rapidly diversifying and deepening bilateral relationship between the two countries- Vij

He said that growing India-UAE economic and commercial relations contribute to the stability and strength of a rapidly diversifying and deepening bilateral relationship between the two countries. India-UAE trade is valued at around US$ 60 billion (February 2020). UAE’s investment in India is estimated to be around US$13-14 billion; it is the 10th biggest FDI investor for India. UAE’s investments in India are mainly in five sectors: Services Sector, Sea Transport, Power, Construction Activities and Construction Development (Townships, Housing, Built-Up Infrastructure and Construction-Development Projects). Many leading Indian companies like HCL Infosystems, Wipro, TATA, Nagarjuna Construction Company Limited, Danube, L&T, ESSAR, Dodsal, Punj Lloyd, ElL, Sobha Group, Indian Oil Corporation, Reliance Industries, Essar Group and banks have offices in the UAE. With all the above-mentioned industrial growth and economic development, India wishes to create long- lasting bonds and economic ties between United Arab Emirates and India which will cement seeds of trust and cooperation.The Home Minister said that he was thankful for the MoU being signed in his presence. This will go a long way in developing relations between India and the UAE. He appreciated CII for organizing the programme as this association will prove to be beneficial for all sectors. Haryana Government will extend support to businesses, he added.

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