Haryana Aims to Become a Global Electronics Hub with New Industrial Policy
Saini outlines plan to transform Haryana into global electronics hub
Hindustan Times
Image: Hindustan Times
The Haryana government, led by Chief Minister Nayab Singh Saini, is working to establish the state as a global hub for electronics and IT sectors. The upcoming industrial policy aims to attract investments and generate large-scale employment through incentives and a supportive environment for industries.
- 01Haryana plans to become a global hub for electronics and IT sectors.
- 02The new industrial policy will offer incentives like capital subsidies and tax benefits.
- 03The government aims to generate significant employment and foster innovation.
- 04Industry leaders emphasized the importance of supporting startups and R&D.
- 05Robust infrastructure and connectivity are key to attracting global investments.
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The Haryana government is advancing its initiative to transform the state into a global hub for electronics system design and manufacturing (ESDM), IT, and related sectors. Chief Minister Nayab Singh Saini announced plans for a new industrial policy during a meeting with industry leaders in Delhi. This policy aims to attract investments by offering special incentives such as capital subsidies, tax benefits, and support for skill development. Saini highlighted that sectors like IT, animation, visual effects, gaming, comics, and ESDM are crucial for the national economy. The government is focused on creating a favorable environment for both domestic and international firms to invest in Haryana, which boasts robust infrastructure and connectivity. Industry representatives suggested identifying promising products and companies to enhance their global competitiveness, as well as promoting research and development for startups. This approach is expected to significantly boost employment and innovation in the region.
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The new industrial policy is expected to create numerous job opportunities and foster innovation in Haryana's emerging sectors.
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