Haryana Creates Investor-Friendly Climate for Industrial Growth: CM Nayab Singh Saini

Haryana becomes top choice for national and global investors; 10 new IMTs to be developed

Chandigarh, June 4 – Haryana Chief Minister Nayab Singh Saini announced that the state government has built a strong, industry-friendly ecosystem to promote industrial development. As a result, Haryana has emerged as a preferred destination for both domestic and international investors.

Addressing office bearers of the PHD Chamber of Commerce and Industry at his residence, Sant Kabir Kutir, on Tuesday evening, CM Saini urged industrialists to set up units in Haryana and contribute to the state’s growth story. Key industrialists from Haryana, Punjab, Himachal Pradesh, and Delhi were present.

Highlighting infrastructural strengths, the CM noted that Haryana offers excellent road, rail, and air connectivity, which are critical for any state’s industrial progress. He said that many major companies have already established their operations across different sectors in the state, giving a boost to Haryana’s industrial landscape.

To further strengthen industry-government relations, CM Saini said several reforms have been implemented. The state has moved beyond the single-window system to a “single-roof system,” ensuring time-bound services. No Objection Certificates (NOCs) from departments are now processed in 15 to 45 days.

The CM also mentioned several budgetary announcements made during his tenure as Finance Minister for the 2025–26 fiscal year to boost industries and startups. He revealed that plans are underway to develop 10 new Industrial Model Townships (IMTs) and enhance the startup ecosystem with improved support and funding mechanisms. A “Fund of Funds” is also being created to promote research, development, and private investment.

To foster innovation, the Department of Future Technologies has been set up. CM Saini explained that the government adopted an inclusive budgetary approach, seeking inputs from various stakeholders—including industrialists and startups—prior to drafting the budget. Many of their suggestions were incorporated into the final document.

Aligning with Prime Minister Narendra Modi’s vision for a “Developed India by 2047,” the Chief Minister reaffirmed Haryana’s commitment to becoming a $1 trillion economy by that year. He stressed that active participation from the industrial sector and other fields is crucial to achieving this goal.

On this occasion, the CM released a white paper titled “Haryana: Gateway to Northern India’s Industrial Transformation” and unveiled “Traditional Craft of Haryana on Global Runway.”

He also welcomed suggestions from attending business leaders and assured them of full government support. PHDCCI President Hemant Jain and Punjab Chapter Chairman Karan Gilhotra expressed gratitude to the CM for fostering a pro-industry environment in the state.

Also present were Chief Minister’s Principal Secretary Arun Gupta, Political Secretary Tarun Bhandari, OSD Bharat Bhushan Bharti, Advisor to the Department of Foreign Cooperation Pawan Choudhary, and several senior PHDCCI officials and industry leaders.