Haryana is one of the leading states in terms of industrial production, especially
passenger cars, two- wheelers, mobile cranes and tractors. Haryana is the second-largest
contributor of food grains to India’s central pool and accounts for more than 60
per cent of the export of Basmati rice in the country, third- largest exporter of
software and one of the preferred destinations for IT/ITeS facilities.
The state has invested in the development of world class infrastructure facilities
such as special economic zones (SEZs), Kundli-Manesar-Palwal (KMP) global corridor
and Delhi- Mumbai Industrial Corridor (DMIC). Haryana enjoys a locational advantage,
with nearly one-third of the state’s area under the National Capital Region (NCR),
a prominent trade and consumption centre. Between FY15- 18, Haryana has witnessed
investments of around Rs 80,000 crore (US$ 11.93 billion).
The state offers a wide range of fiscal and policy incentives for businesses sunder
the Industrial and Investment Policy, 2011. Moreover, it has sector-specific policies,
particularly for IT and tourism. The Haryana State Industrial and Infrastructure
Development Corporation Ltd (HSIIDC) is the state's premier industrial promotion
and investment facilitation agency, responsible for providing reliable and efficient
facilities for entrepreneurs investing in the state.
With the millennium city of Gurugram getting out of reach of young aspirational
homebuyers and start-up companies, the satellite micro market of Golf Course Extension
Road is emerging as the New Gurugram. Shubhra Saini analysis growth prospects of
this promising realty corridor.
The high property prices, rents and infrastructure vows are driving the aspirational
middle income group to seek luxury lifestyle projects in the extended suburbs of
Gurugram that have developed social infrastructure of retail, commercial and residential