Discussions focus on regulatory reforms, enhancing ease of doing business in the state
Washington DC, Aug 21, 2015 – Today a group of U.S. industry executives from the U.S.- India Business Council (USIBC) met with the Chief Minister of Haryana, Mr. Manohar Lal for a discussion about investment opportunities in the state of Haryana.
Chief Minister Manohar Lal engaged with senior business executives on important topics that have dominated the bilateral commercial relationship in recent months and addressed areas such as Haryana’s comparative edge as an investment destination and regulatory reform measures that have been undertaken by the government to promote ease of doing business in the state through its New Enterprise Promotion Policy 2015, Happening Haryana.
Emphasizing investment opportunities in Haryana, Chief Minister Manohar Lal said, “We strive to attract both international and domestic business in to the state of Haryana. To achieve this end, I am proud of the reform efforts that have gone in to making public services more efficient— land registration is now enabled through information technology (IT), long-pending land acquisition cases have been resolved and infrastructure construction is faster as evidenced by the completion of the Delhi-Faridabad Metro project and restarting of work on Kundli-Manesar-Palwal Expressway. We are pushing for policy reforms in a manner that will place Haryana as a business- friendly state and create jobs. I welcome American enterprise to be a part of our state’s growth.”
Lauding the vision of Chief Minister Manohar Lal, Mukesh Aghi, President of USIBC, said, “Since 2000, the state of Haryana has emerged as a major investment hub in Northern India. The city of Gurgaon is a key center for the information technology and automotive industries. The state’s Enterprise Promotion Policy 2015 aims at enhancing ease of doing business, promotes micro, small-scale and medium enterprises and encourages long-term investment in the state to flourish. All these measures are critical for not just enhancing the perception of doing business in India, but also indicate the reality of ease of doing business.”
Sonny Khurana, President and CEO of iTECH, a leading distribution company in the telecom sector, said, “Haryana, with its diversified economy and vibrant cities is well positioned to leverage initiatives such as Make in India and Smart Cities. Emerging markets are important for iTECH’s business model. A pro-growth government, under the visionary leadership of Mr. Manohar Lal, places Haryana as a strong hub for future investment opportunities.”
The round table discussion focused on key areas for investment promotion in the state that include energy related initiatives, aerospace, food processing, auto/auto components and mass rapid transport.
The event was attended by companies and senior leaders from every major sector of business— Blumberg Grain, IREO, Coca Cola, Wipro, Capital Novus, Cargill, Medtronic, Uber and Boston Scientific. CCI Newswire
