NewswireToday - /newswire/ -
Chandigarh, India, 2006/01/18 - A National Institute of Food Technology, Entrepreneurship and Management (NIFTEM) would be set up in Haryana by the Central Government with an investment of Rs. 350 crore and the State Government has offered 100 acres of land for the purpose at Kundli.
The Government would also set up a Nanotechnology Park in the State.
This was stated by Haryana Chief Minister, Mr Bhupinder Singh Hooda while speaking at the Investment Haryana Summit -2006 organised by ASSOCHAM at New Delhi today. He said that the setting up of the NIFTEM would help in promotion of food processing and packaging industry.
Mr Hooda said that the State Government has now adopted a cluster approach for industrial development in the State. This would ensure industrialisation in specific sectors where the State has competitive advantage. Therefore, a Textile Cluster would be set up in Panipat with an investment of Rs. 55 crore and a Light Engineering Good Cluster in Faridabad with an investment of Rs. 80 crore. An Autoparts Cluster has been under consideration for development at Gurgaon with an investment of Rs. 67 crore.
He said that with a view to give a new vision to industrial development and investment activities in the State, the State Government has launched a new Industrial Policy. This policy was also a recognition of the fact that progress in future would emerge from the industrial and services sectors.
While pointing out that an investment of more than Rs 7000 crore has been catalysed since March 2005, when the new government assumed office, Mr Hooda said that 136 Industrial Entrepreneur Memoranda catalysing an investment of Rs 1044 crore have been filed. In an effort to give new direction to industrial development, a Petro Chemical Hub was being set up in Panipat to promote and develop down stream industries based on the feedstock available from the Panipat Oil Refinery and its two associated mega projects.
He said that as Haryana has been playing a pivotal role in the Automobile Industry, with a view to give a boost to this sector, the Government of India would set up a National Automative Testing and R&D Infrastructure Project over an area of 40 acres by the State. This would come up at Manesar at a cost of Rs. 400 crore.
He said that to achieve targets of growth and development, a multi-pronged strategy was being pursued. Technology Parks were being established for providing considerable flexibility to investors. These would also promote convergence of Information Technology with frontier technologies,Bio Technology, Mobile Computing and Robotics.
Mr Hooda said that the State Government has also enacted Haryana Special Economic Zone Act and it has attracted the attention of reputed industrialists and developers in the country. The success of this Act could be judged by the fact that 10 Special Economic Zones have already been granted approval in principle by the Government of India.
He said that efforts were also being made to improve power generation in the State. The construction on 600 MW Yamunanagar Thermal Power Project has already been started and it would be completed by March 2008. The power generation capacity was also being increased through state as well as private sector participation.
He said that a Labour Policy has also being announced for ensuring cordial labour relations. It aims at maintaining a balance between the imperatives of labour welfare and the requirements of industrial promotion, towards greater economic growth and creation of additional employment opportunities.
He said that everybody was aware about the world class infrastructure that has been drawing the best in the world to Gurgaon. The Government intended to create many more Gurgaons in the State. The Kundli-Manesar-Palwal (KMP) expressway would be the focus of development in the State and bring about a transformation in the villages and towns located along side.
The Ambassador of Japan Mr Yasukuni Enoki, ASSOCHAM President Mr Anil Kumar Aggarwal, CEO and President Genpact India Mr Pramod Bhasin, D.L.F.Chairman Mr K.P.Singh and Famous Heart Specialist Dr Trehan also addressed the Summit.