Monday, November 2, 2015

CM inaugurates Snapdeal building in Gurgaon

CHANDIGARH, NOV 2
Haryana Chief Minister  Manohar Lal today inaugurated the newly constructed building of Snapdeal, India’s largest online marketplace in Gurgaon who have promised to invest Rs 500 crore in Gurgaon in the next one year which will provide employment opportunities to the youth there. They have told the Chief Minister that directly or indirectly Snapdeal has employed 9,000 people from Haryana.
        Speaking about Snapdeal’s move to Gurgaon, the Chief Minister said “Snapdeal is one of the largest digital commerce marketplaces in the country. Gurgaon becoming the nodal centre for their business operations, will encourage wider opportunities for employment and development for the state. I am quite certain that with Snapdeal, Gurgaon will also become an important hub of India's e-commerce sector.” He said that the Haryana Government has framed Enterprises Promotion Policy. The Government has succeeded in signing international MOU’s with Google, CISCO, United Technologies, Applied Materials and Algonquin. He said that Gurgaon is an iconic city and with the infrastructure available, it has become a preferred destination for investment. It is an important Centre of IT& ITeS Companies. He said that the State Government is also formulating an IT Policy of the State. The Chief Minister said that ‘we are planning to constitute an Economic Advisory Council of Haryana, in which I shall be inviting young Entrepreneurs like you to make road map for future growth of the State’. He said that an Investor Summit was being planned to organise in Gurgaon in the first week of February 2016, in which the State Government is expecting investment proposals of over Rs One Lakh Crore in Haryana, bringing employment opportunities for more than four lakh youth of the State.
        Commenting on Snapdeal’s plans for the region, Kunal Bahl, Co-Founder and CEO, Snapdeal said, “E-commerce is a new-age industry and it requires young professionals to drive it. Snapdeal, as one of the vanguards of digital commerce wants to create an environment of enterprise and long-term sustainability for the sector. Our Gurgaon campus is home to 5,000 of the biggest and sharpest minds in the country and the future of e–commerce in India will be written from this office.”
        He said that Snapdeal’s vision is to create India’s most impactful digital commerce ecosystem that creates life-changing experiences for buyers and sellers. In February 2010, Kunal Bahl along with Rohit Bansal, started Snapdeal.com - India’s largest online marketplace, with the widest assortment of 15 million+ products across 500+ diverse categories from thousands of regional, national, and international brands and retailers. With millions of users and 200,000 sellers, Snapdeal is the shopping destination for internet users across the country, delivering to 5000+ cities and towns in India. In its journey till now, Snapdeal has partnered with several global marquee investors and individuals such as SoftBank, BlackRock, Temasek, eBay Inc., Premji Invest, Intel Capital, Bessemer Venture Partners, Mr. Ratan Tata, among others.
On this occasion, Principal Secretary to CM, Mr. Sanjiv Kaushal, OSD to CM, Mr. Jawahar Yadav, IT advisor to CM, Mr. Dhruv were also present.
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