Friday, February 5, 2016

Japanese agency to invest $2.5 m in Haryana

CHANDIGARH, FEB 5
 Haryana Chief Minister  Manohar Lal, today said that Japan International Cooperation Agency (JICA) has assured to invest 2.5 million dollars in the State.
        The Chief Minister was addressing the ‘Japan-Haryana Business Meet-2016’ at Delhi today.
Referring to his Japan tour, the Chief Minister said that he felt proud on hearing from Osaka Suzuki that their experience of doing business in Haryana has been good and that people in Japan consider it as good investment. He said that the Japanese business community has assured an investment of $35 billion in India and Haryana wants to have a major share of it.
Exhorting Japanese businessmen to invest in Haryana, he asked them to invite their colleagues to the ‘Happening Haryana Global Investors’ Summit-2016’ which would be organized in Gurgaon on March 7 and 8, 2016. Japanese businessmen consider Haryana as their second home away from their natural home, he added.
The Chief Minister said that during the last 15 months, the State Government has taken steps to exploit the full potential Haryana has for industrial growth. He said that now investors are attracted towards India and people abroad are visualising the image of India changing under the leadership of Prime Minister, Mr. Narendra Modi.
He said that Haryana’s new Enterprises Promotion Policy-2015 has been framed keeping in view the aspects of ‘ease of doing business’ and ‘cost of doing business’. Majority of the issues pertaining to these aspects have been addressed in the policy, he added.
Referring to steps taken for ‘ease of doing business’, the Chief Minister said that Relationship Managers would be made available to get all formalities completed and the entrepreneur or investor is required only to submit an application.
Mr. Manohar Lal assured that the traffic movement on NH-8 would be made smooth and the problem at Kherki Daula Toll Plaza would also be sorted out to facilitate entrepreneurs. He said that we want that more and more entrepreneurs come to Haryana and invest here. However, it does not mean that they should not invest in other states. India is federal country and the structure of federalism should be strengthened. Haryana would try to attract investments through competitiveness, he added.
He said that in order to make skilled manpower available to the industrial establishments, adequate number of skill development centres would be established in the state. Besides, a Skill Development University would also be established. He said that the State Government has taken many steps to facilitate the entrepreneurs coming to invest in Haryana. According to the Chief Minister, the power of issuing Change of Land Use (CLU) for industries with investment up to Rs 10 crore and one acre land has been given to Deputy Commissioners. He said that in 31 Blocks, there is no need of obtaining CLU and in case of industries with investment of Rs 10 crore to Rs 100 crore, CLU will be issued within 90 days. For industries above Rs 100 crore to Rs 500 crore and other big industries, a group of ministers would give the matter special attention and get the CLU issued in a time-bound manner. He said that a Japanese Cluster of Industries has been planned in district Jhajjar and work on developing that area was going on at a fast pace, much faster than anywhere else in the country.
Industries Minister, Capt Abhimanyu, said that Haryana is poised for a new era of industrial development. He said that most of the regulatory work has been made available online. He said that out of 12 Industrial Estates to be set up by the Japanese in India, one would be set up in Jhajjar in Haryana. Capt Abhimanyu said that the mutual trust between Haryana and Japan is deeper with mutual understanding of style of functioning.
Principal Secretary, Industries, Mr. Devender Singh, gave a presentation on the new Enterprises Promotion Policy-2015. Director General of JETRO, Mr. N. Naguchi, Minister (Economic and Development), Embassy of Japan, Mr. Akio Isomata, Managing Director of Bridgestone, Mr. Kamifuku and Director of Maruti Suzuki, Mr. S.Y. Siddiqui also shared their work experiences in Haryana and recommended Haryana as a favorable destination for investment. 
Director General of Federation of Indian Industry (FII), Mr. Deepak Jain, also spoke on the occasion.
----balbirsingh227@gmail.com

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