Haryana has secured investment proposals worth more than Rs 50,000 crore during Chief Minister Nayab Singh Saini's two-day visit to Gujarat, the state government said on Wednesday, as the chief minister held one-to-one meetings with industrialists and investors in Gandhinagar on the second day of the tour.

Source: IANS

According to officials, the proposals announced on Wednesday include around Rs 25,000 crore across the defence, real estate and oil and gas sectors, Rs 2,900 crore in semiconductors and Rs 1,400 crore in agriculture and food processing. Memorandums of understanding were also signed for investments in compressed biogas and civil aviation.

Source: IANS

Rs 50,000+ croreTotal proposals announced during the Gujarat visit
Rs 12,000 croreMoUs signed on day one in Surat
Rs 5 lakh croreHaryana investment target over five years
10 lakhJobs targeted under the industrial policy

The Wednesday announcements followed MoUs involving around Rs 12,000 crore in proposed investments signed on the first day of the visit in Surat on Tuesday. Those agreements covered Rs 5,000 crore in defence textiles, Rs 2,000 crore in technical textiles, Rs 4,000 crore in waste-to-energy projects, Rs 500 crore in industrial machinery and Rs 400 crore in solar energy and cosmetics manufacturing, according to an official statement.

Source: PTI

Saini, who was accompanied by Industries and Commerce Minister Rao Narbir Singh, invited companies to set up new units and expand existing operations in Haryana, citing the state's industrial infrastructure, connectivity and skilled workforce. He said around 57 per cent of Haryana's geographical area falls within the National Capital Region, and pointed to Gurugram's corporate ecosystem of more than 250 Fortune 500 companies, around 270 global capability centres and 19 unicorn companies.

Source: IANS

The chief minister told business leaders in Gandhinagar that Haryana had utilised 96 per cent of its allocated incentive budget in 2023-24 and 2024-25, against a six-year average of 83 per cent, and that the state is targeting Rs 5 lakh crore in fresh investments and 10 lakh jobs over the next five years under its Make in Haryana Industrial Policy-2026.

Source: Nation Press

During the visit, Saini also met members of the Haryana diaspora in Surat and Ahmedabad, announced a dedicated portal to register and address complaints from people of Haryana living outside the state, and moved towards establishing a Haryana Bhawan in Gujarat. He invited Gujarat-based industrialists to the Happening Haryana Global Investors Summit scheduled for April 2027.