Haryana Signs MoUs Worth Rs 12,000 Crore on First Day of Gujarat Visit, Led by CM Saini

Haryana has signed memorandums of understanding involving proposed investments of around Rs 12,000 crore — yaani about Rs 120 billion in proposed projects — on the first day of a high-level delegation's Gujarat visit led by Chief Minister Nayab Singh Saini, IANS reported. The proposed investments span defence textiles (Rs 5,000 crore), waste-to-energy (Rs 4,000 crore), technical textiles (Rs 2,000 crore), industrial machinery (Rs 500 crore), and solar energy and cosmetics manufacturing (Rs 400 crore together), as the state builds momentum ahead of its Happening Haryana Global Summit in April 2027. MoUs are proposed investments, not completed projects.

Awaaz Punjab Investigations Desk27 October 20263 min readRead in all 3 languages

Chandigarh/Surat, Oct 27: Haryana signed memorandums of understanding (MoUs) involving proposed investments of around Rs 12,000 crore on Tuesday, on the first day of a high-level delegation's visit to Gujarat led by Chief Minister Nayab Singh Saini, IANS reported. The commitments span defence textiles, renewable energy, industrial machinery and waste-to-energy projects, as the state seeks to attract fresh industrial investment ahead of its global summit in April 2027.

Source: IANS via asiaPOST

Rs 5,000 croreProposed investment in defence textiles, the largest share

Rs 4,000 croreProposed investment in waste-to-energy

Rs 2,000 croreProposed investment in technical textiles

Rs 500 croreProposed investment in industrial machinery

Rs 400 croreSolar energy and cosmetics manufacturing together

During the visit, Saini held one-to-one meetings with founders, managing directors and chief executive officers of various companies to discuss expanding their existing operations in Haryana, setting up new industrial units and potential investment proposals. Industries and Commerce Minister Rao Narbir Singh also attended the meetings, IANS reported.

Source: IANS via asiaPOST

Saini said the state government was committed to supporting investors and entrepreneurs and attracting investment to generate employment opportunities for young people. 'Haryana is working to improve the ease of doing business and provide a favourable environment for industrial development. The government aims to offer investors a combination of supportive policies, industrial infrastructure, connectivity and essential facilities, while simplifying procedures and ensuring time-bound approvals,' he said, according to IANS.

Source: IANS via asiaPOST

The Chief Minister said the state is focusing on better coordination between government departments to reduce procedural hurdles and facilitate the establishment and operation of industrial projects. Nation Press, in its report of the same signing, described the Gujarat outreach as the opening day of Haryana's pre-summit roadshow ahead of the Happening Haryana Global Summit scheduled for April 2027.

Source: Nation Press

MoUs record proposed investments at the signing stage; they are not binding completions, and actual projects, land allotment and jobs depend on the proposals being implemented on the ground.

Source: Nation Press

Sources