Investment in MSME sector increasing

Chandigarh: Investment in MSME-sector is increasing and entrepreneurs are showing great interest in investing in Haryana, deputy chief minister Dushyant-Chautala claimed while crediting the state government for making continuous efforts in this regard.

Addressing a virtual ‘MSME-Dialogue-Series’ programme organized by Associated Chambers of Commerce and Industry of India (Assocham) on Friday, Dushyant said small industries in the state are growing due to the presence of big industries like JCB, Maruti, Flipkart, ATL and Honda.

Chautala said the Haryana government has taken a historic step in the form of new industrial policy ‘Haryana Enterprises and Employment Policy 2020’ to increase investment and employment in the state. Under this policy, the state government is working towards doubling exports, he added.

He said due to the new industrial policy, ATL will set up a mega plant on about 178 acres in Sohna and Flipkart will set up the largest and most high-tech warehouse in Asia on about 140 acres in Haryana. Besides, many big companies like Amaron are showing interest in investing in the state. He said that the arrival of these big mother units will give a boost to the MSMEs of the state too.

The deputy CM said there are about 9.70 lakh MSMEs in the state and about 20 lakh people are getting employment through them. He said to promote MSMEs, the state has established a world-class system which allows MSMEs to start operation in 15 days. Chautala also said that the state government is providing exemption to MSMEs, special exemption for upgrade of liquid oxygen plants and assistance to all manufacturing industries related to health. He said now the state government is working towards strengthening the medical infrastructure by creating a bulk drug park in Hisar.