Haryana CM focuses on reforms to woo US investors

Washington, Aug 20 (IANS) Haryana Chief Minister Manohar Lal has highlighted to US investors the state’s comparative edge as an investment destination and regulatory reform measures undertaken by the government to promote ease of doing business.

Lal highlighted the salient features of the state’s “New Enterprise Promotion Policy 2015, Happening Haryana” at a round table Wednesday with US industry executives from the US-India Business Council (USIBC), made of over 300 top-tier US and Indian companies.

“We strive to attract both international and domestic business in to the state of Haryana,” said the chief minister who is leading a 32- member official and business delegation on a nine day trip to the US and Canada to woo investors.

“To achieve this end, I am proud of the reform efforts that have gone in to making public services more efficient,” he said touching on several important topics that have dominated the bilateral commercial relationship in recent months.

Land registration is now enabled through information technology, long-pending land acquisition cases have been resolved and infrastructure construction is faster, Lal said. This was evidenced by the completion of the Delhi-Faridabad Metro project and restarting of work on Kundli-Manesar-Palwal Expressway.

“We are pushing for policy reforms in a manner that will place Haryana as a business-friendly state and create jobs,” Lal said. “I welcome American enterprise to be a part of our state’s growth.”

Noting that since 2000, Haryana has emerged as a major investment hub in Northern India, USIBC President Mukesh Aghi said the city of Gurgaon is a key centre for the information technology and automotive industries.

“The state’s Enterprise Promotion Policy 2015 aims at enhancing ease of doing business, promotes micro, small-scale and medium enterprises and encourages long-term investment in the state to flourish.”

“All these measures are critical for not just enhancing the perception of doing business in India, but also indicate the reality of ease of doing business,” Aghi said

Sonny Khurana, President and CEO of iTECH, a leading distribution company in the telecom sector, said: “Haryana, with its diversified economy and vibrant cities is well positioned to leverage initiatives such as Make in India and Smart Cities.”

The round table discussion focused on key areas for investment promotion in the state that include energy related initiatives, aerospace, food processing, auto/auto components and mass rapid transport.

The event was attended by companies and senior leaders from every major sector of business — Blumberg Grain, IREO, Coca Cola, Wipro, Capital Novus, Cargill, Medtronic, Uber and Boston Scientific.

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