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Haryana Government lures NRIs with Attractive Schemes
Tuesday, January 15, 2008

Haryana is all set to woo NRI's to invest maximum in the state. Haryana Chief Minister has declared 10 per cent reservation of plots in all its industrial estates for NRIs, which is quite a lucrative offer.

Speaking on the same in Chandigarh Mr Hooda revealed that their government has reserved 10 per cent of industrial plots in all industrial estates for allotment to NRIs and foreign direct investment (FDI) projects so that non-resident Indians can play a key role in accelerating the pace of development in the state.

In his effort to get maximum investment from the NRIS, Hooda had visited the US and many European and East Asian countries in the last two years.

Since the announcement of New Investment Policy in 2005, Haryana has witnessed an unprecedented flow of investment of around Rs 280 billion. Mr Hooda said that Rs 680 billion would be invested in the state.

''A tremendous response was generated among NRIs and foreign investors during my trips to the US and European countries last year as a result of a new socio-economic revolution being ushered in Haryana by our government,'' he said.

The US-India Business Alliance (USIBA) last week held a meeting with Hooda in New Delhi to discuss a proposed American technology park to be set up in the state. A number of US-based NRIs have shown interest in investing in the technology park.

 

 

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