HARYANA MAYANK

8/8/2019 HARYANA MAYANK

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INSTITUTE OF MANAGEMENT AND DEVELOPMENT

BUSINESS POTENTIAL OF HARYANA

PREPARED BY:-MAYANK PRATAP SINGH

RAMEEZ KHAN

RASHI GUPTASHANKY GUPTA

SHILPI YADAV

SULEKHA GUPTA


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HARYANA AT A GLANCEHARYANA AT A GLANCE

The Mahabharata knows Haryana as the land of

plentiful grains (Bahudhanyaka)

Haryana was carved out of the Indian state of

Punjab on 1st November 1966. 4TH Highest per capita income(Rs27,824 p.a.).

About 80% population of the State is engaged in

agriculture.

Haryana is among the most prosperous states in

India.

Literacy rate is 67.9%.


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ECONOMIC SNAPSHOTSECONOMIC SNAPSHOTS

NSDP growth rate is about 6.5% annual.

During 2008-2009 the industrial sector grew at 10.7

percent per annum.

Agriculture contributes 29 per cent to the GDP of thestate.

Per capita income is Rs27,824 p.a.

Third largest exporter of software, one of the preferred

destinations for IT/ITES facilities. Industrial hubs:- Gurgaon, Sonepat, Ambala,

Faridabad, Panipat, Hisar, Yamunanagar .


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INDUSTRIAL INFRASTRUCTURE

Haryana State Industrial Development Corporation (HSIDC) will be

the nodal agency for infrastructure development and would be

converted into Haryana State Industrial and Infrastructure

Development Corporation (HSIIDC).

Kundli-Manesar-Palwal (KMP) Expressway has been undertaken byHSIDC.

HSIDC has already envisaged one such zone over an area of 3000

acres at Garhi Harsru, New Gurgaon.

The State Government shall also promote public and private sector

initiative for establishing SEZs on KMP artery, NH 10, NH 8 andNH 2.

There is a proposal to develop an Industrial Park in and around

Panipat for the development of down stream industries.


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SUPPORTIVE INFRASTRUCTURESUPPORTIVE INFRASTRUCTURE

Haryanas total available installed generation capacity is 4033.3 MW,which was just 343 MW at the time of its inception. The State

Government has proposed to add over 3000 MW power generation

capacity during 10th and 11th Five Year Plan.

Recent proposed power plants are ; Yamunanagar, Hissar.

The State has already conceived one mega project for the constructionof KundliManesar-Palwal Expressway. The other projects

in the pipeline are Badarpur fly-over between Delhi and Faridabad, the

Panipat flyover, Elevated highways between Gurgaon-Delhi, and

Bahadurgarh-Delhi.

Extension ofDelhi Metro Rail to Gurgaon and Manesar and its

connectivity to Bahadurgarh, Sonepat and Faridabad shall also be takenup.

State Government as a matter of policy is encouraging pipelining and

distribution of CNG in the Transport and Domestic Sector. Efforts are

being made to spread the use of natural gas in the industrial, commercial

and power sector.


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SOCIAL INFRASTRUCTURESOCIAL INFRASTRUCTURE

Haryana has been a leader in development of tourism. It is

proposed to develop destination tourism and

entertainment parks.

Secondary level schools are available in a radius of 2.62

kilometers.

Ch. Charan Singh Haryana Agricultural University, Hissar.

The state has a domestic airport at Chandigarh.

There are civil aerodromes at Pinjore, Karnal, Hisar,

Bhiwani and Narnaul

All the major telecom players like Airtel, Vodafone, BSNL,

Reliance and Idea have a presence in the state.


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e-GOVERNANCEe-GOVERNANCE

e-Disha:- an initiative for setting up district level centres to

provide timely and effective information to citizens

regarding various transactions entered into with the

government departments at district and lower levels at a

single window point. e-Disha centres have been set up in18 districts. Each centre provides services within specified

time lines.

e-Food.net: This is a web-based decision support system

which has made the procurement and storage of food

grains in the state flexible. Data is captured from mandis(markets) during procurement by various agencies into a

web-enabled software.


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SWOT ANALYSISSWOT ANALYSIS

STRENGTHS

Haryana is investor friendly policy environment & has

competitive advantage in terms of strategic location, basic

infrastructure as well as large skilled, educated & young. Agriculture contribution of 28.2% of GDP of the state.

Chandigarh(capital of Haryana) is the first planned city of

India.

It is known as the land of milk with highest production ofdairy products in country.


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WEAKNESSESWEAKNESSES

Labour force is costly as all the labours

are imported from other states.

Tough competition with MNCs.


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OPPORTUNITIESOPPORTUNITIES

It is fast emerging as one of the most favoured

investment destination in India

Efforts are being made to encourage intensive &

extensive farming in the state. It is promoting convergence of IT tech with frontier

tech like nanotech, Bio tech, mobile computing &

robotics.

Various cluster of automobiles & auto components

are emerging in IMT Manesar .


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THREATSTHREATS

Various IT companies are emerging in

other states which are giving tough

competition to Haryana e.g.Bangalore.

In automobile industry Haryana is facing

competition with Gujarat.


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INCENTIVES & CONCESSIONS

FOR MEGA PROJECTS IN BACKWARD AREAS:-Mega project withinvestment of Rs.100 crore and above or any project employing more than

500 persons irrespective of investment to be set up in the backward areas

would be extended the facility of financial assistance to be quantified at, 50%

of the tax paid on the sale of goods produced by such industrial units,

Incentives for SSI in Backward Areas:- 50% of the tax paid on the sale of

goods produced in such industrial units, Incentives for Exporting Units:- subsidy up to 1% of the FOB value of

exports subject to maximum of Rs.10.00 Lac per annum shall be given.

Incentives for Food Processing Industries:- Interest Free Loan at the rate

of 75% of the tax paid on the sale of goods produced in such industrial units

shall be given.

Wines/liquors/Brandy etc. made from 100% fruits produce in the State will be

exempted from the Excise Duty in backward areas.


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THRUST AREAS

1. Agro based and Food Processing Industry.

2. Electronics and Information & Communication

Technology.

3. Automobiles & Automotive Components.

4. Handloom, Hosiery, Textile and Garments

Manufacturing.

5. Export Oriented Units.6. Footwear, leather garments and accessories.


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SUGGESTED INDUSTRY


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KEY PLAYERS


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WHY AUTOMOBILE

Automobile industry is one of the most booming sectors

in India. even in the time of recession the boom in the

industry was excellent from June to Sep 2009 the growth

of the Industry was over 40%.

The key competitive strength of the state in the

automobiles and auto components industries is the

presence of established manufacturers.

A number of existing auto component suppliers are

expanding capacities in their plants.

Highly skilled and cheap human resource is available.


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SUPPORTIVE FRAMEWORKSUPPORTIVE FRAMEWORK

HARYANA INVESTMENT PROMOTION BOARD

INVESTMENT PROMOTION CENTRE

INVESTMENT ADVISORY COUNCIL

INDUSTRY - GOVERNMENT JOINT TASK FORCE STEERING COMMITTEE

GRIEVANCES REDRESSAL COMMITTEE


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GOVERNMENT REGULATIONS


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COST OF SETTING UPS

Indicator Value (in Rs)

Industrial land (per sq mt) 1348 3149

Office space rent (per sq ft per month)Gurgaon: 14.57 - 0.74

Residential rent (for a 2,000 sq ft house, per month) 13489 22466

5-star hotel room (per night) 3760

Electricity (per kWh)Commercial & Industrial: 4.512

Water (per 1000 liters) Commercial & Industrial: 4.512


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STRATEGIC ADVANTAGE

Most strategically located, encompasses New Delhi, the

Capital City from three sides.

Forty percent of the National Capital Region falls in

Haryana State and thirty percent of the State is notified

National Capital Region.

Very fine quality Human Resources availability, superbinfrastructure, home and leisure support systems inplace.

Excellent law and order situation, peace loving,hardworking workforce and historically known forsymbiotic industry workforce relations, with least numberof man days loss and negligible strikes/lockouts.


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HARYANA MAYANK

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