AUGUST 2015 for Updated Information, Please Visit 1 HARYANA the BREAD BASKET of INDIA
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HARYANA THE BREAD BASKET OF INDIA AUGUST 2015 For updated information, please visit www.ibef.org 1 HARYANA THE BREAD BASKET OF INDIA Executive Summary ..................................3 Advantage State ........................................4 State Vision 2018 ......................................5 Haryana – An Introduction …....................6 Budget 2014-15 ......................................18 Infrastructure States ................................19 Business Opportunities ...........................44 Doing Business in Haryana ....................62 State Acts & Policies ...............................67 AUGUST 2015 For updated information, please visit www.ibef.org 2 HARYANA THE BREAD BASKET OF INDIA EXECUTIVE SUMMARY With an area covering 1.3 per cent of the country, Haryana contributes nearly 3.5 per cent Strong economic growth • to India’s GSDP. During 2004-15, the state’s GSDP grew at a CAGR of 12.93 per cent. • Haryana is home to Maruti Udyog Ltd, India’s largest passenger car manufacturer, and Leading manufacturing Hero MotoCorp Ltd, the world's largest manufacturer of two-wheelers. Under Make in India hub project, Manesar-Bawal Investment Region is identified by the Government to be a manufacturing hub. Leading food producer • Haryana is the second-largest contributor of food grains to India’s central pool. • The state accounts for more than 60 per cent of the export of Basmati rice in the country. • Haryana is the third-largest exporter of software and one of the preferred destinations for Growing IT sector IT/ITeS facilities. • The state invested in the development of world class infrastructure facilities such as special economic zones (SEZs), Kundli-Manesar-Palwal (KMP) global corridor and Delhi- Mumbai Industrial Corridor (DMIC). Infrastructure support • Haryana enjoys a locational advantage, with nearly one-third of the state’s area under the National Capital Region (NCR), a prominent trade and consumption centre. • The state has almost 100 per cent connectivity to rural areas, with metalled roads. Source: Directorate of Economics & Statistics of Haryana, Central Statistics Office, Economic Survey of Haryana 2014-15 AUGUST 2015 For updated information, please visit www.ibef.org 3 HARYANA THE BREAD BASKET OF INDIA ADVANTAGE HARYANA Attractive investment avenues NSDP LeadingGrowing business demand hub GSDP • Haryana is one of the leading states in terms of • Haryana has emerged as a manufacturing hub, industrial production, especially passenger with immense scope for development of micro, cars, two-wheelers, mobile cranes and tractors. small and medium enterprises (MSMEs) 2014-15 The Gurgaon-Manesar-Bawal belt is the auto sector. The state adopted a cluster-based 2014-15: US$ 70.8 hub of India. development approach to promote industries US$ 72.2 Haryana has emerged as a base for the such as IT, textiles, food and handloom. billion • billion knowledge industry, including IT and • The state’s real estate market is attractive and biotechnology. Many large Indian and it is a preferred automotive hub. Of the total multinational companies have set up offices in 250 large and medium OEMs, about 50 are the state due to its high-quality infrastructure located in Haryana. and proximity to Delhi. Advantage Haryana Rich labour pool Policy and infrastructure • Haryana has a large base of skilled labour, making it an ideal destination for knowledge- support based and manufacturing sectors. It also has a • With a stable political environment, successive large pool for support services. governments have been committed to creating • The state has set up various national-level a progressive environment. institutions such as Indian Institute of • The state offers a wide range of fiscal and Management (IIM), Indian Institute of Corporate policy incentives for businesses under the Affairs (IICA), Central Institute for Plastics Industrial and Investment Policy, 2011. Engineering & Technology (CIPET) and Moreover, it has sector-specific policies, National Institute of Food Technology & particularly for IT and tourism. Entrepreneurship & Management (NIFTEM). • Haryana has a well-developed infrastructure such as power, roads and railways. For promoting trade, the state has planned several projects. AUGUST 2015 For updated information, please visit www.ibef.org 4 HARYANA THE BREAD BASKET OF INDIA STATE VISION 2018 • Develop IMTs, industrial parks & expand industrial estates • Contain revenue & fiscal deficit. • Create E-biz portal to ensure ease of • Commencement of mining & e- doing business. taxation projects would reduce • Address needs of MSMEs in areas of revenue deficit. R&D and technology; develop rail connectivity to airports, etc. • Manage surface water resources Ensure availability of affordable efficiently. • housing for all. • Improve water availability by Economy Infrastructure Provide financial assistance for pursuing upstream storage dams. • construction. • Implement schemes for Offer loans at reasonable terms to remodelling, rehabilitate water • Irrigation Housing BPL families. courses, flood control. Vision 2018 • Timely availability of quality Agriculture Tourism feedstock at subsidised rates. • Fully utilise nature’s endowment. • Modernise irrigation systems. • Create network of business and • Pursue crop diversification & Welfare Education tourism facilities. introduce modern technologies. • Improve quality of education and access to schools. • Schemes to develop SC, BC and other vulnerable sections of society. • Expand college and university network. • Healthcare for women and children. • Enhance sports education and • Modernise police department. infrastructure to prepare people for competing at international & Source: Government of Haryana national events. AUGUST 2015 For updated information, please visit www.ibef.org 5 HARYANA THE BREAD BASKET OF INDIA HARYANA FACT FILE The state has three major seasons, viz., summer (April- June), monsoon (July-September) and winter (October- March). Parameters Haryana Capital Chandigarh Geographical area (sq km) 44,212 Administrative districts (No) 21 Population density (persons per sq 573 Source: Maps of India km) Total population (million) 25.4 Haryana is surrounded by Uttar Pradesh in the east, Punjab Male population (million) 13.5 in the west, Himachal Pradesh in the north and Rajasthan in the south. The state surrounds the national capital city, New Female population (million) 11.9 Delhi, from three sides. Sex ratio (females per 1,000 males) 881 The most commonly spoken languages are Hindi and Literacy rate (%) 76.6 Punjabi. English is the medium of education in most schools. Source: Economic Survey of Haryana 2014-15, Gurgaon, Faridabad, Karnal, Ambala, Panipat and Census 2011 Kurukshetra are some of the key districts of the state. AUGUST 2015 For updated information, please visit www.ibef.org 6 HARYANA THE BREAD BASKET OF INDIA HARYANA IN FIGURES … (1/2) Parameter Haryana All states Source Economy 2014-15 2014-15 Gross state domestic product (GSDP) as a Directorate of Economics & Statistics of 3.5 100.0 percentage of all states’ GSDP Haryana, Central Statistics Office Directorate of Economics & Statistics of GSDP growth rate (%) 10.73 7.3 Haryana, Central Statistics Office Directorate of Economics & Statistics of Per capita GSDP (US$) 2,723.0 1,389.61 Haryana, Central Statistics Office Physical Infrastructure Installed power capacity (MW) 8,790.41* 272,502.95 Central Electricity Authority, as of May 2015 Telecom Regulatory Authority of India-April Wireless subscribers (No) 21,995,215** 973,347,094 2015 Telecom Regulatory Authority of India-April Broadband subscribers (No) 1,047,780*** 100,760,000 2015 National highway length (km) 2,057.48 92,851.07 National Highway Authority of India April-2015 Airports (No) 8 132 Airports Authority of India *As of June 2015, **As of May 2015, ***As of March 2014 AUGUST 2015 For updated information, please visit www.ibef.org 7 HARYANA THE BREAD BASKET OF INDIA HARYANA IN FIGURES … (2/2) Parameter Haryana All states Source Social Indicators Literacy rate (%) 76.6 73.0 Census, 2011 Birth rate (per 1,000 population) 21.3 21.4 SRS Bulletin, September 2014 Investment Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 49.41* 248.5 April 2000 to March 2015 Outstanding Investments (US$ billion) 66.3 2,414.2 CMIE (2013-14) Industrial Infrastructure PPP projects (No) 41 1,409 DEA, Ministry of Finance, Government of India Notified as of March 2015, Ministry of SEZs (formally approved) 22 347 Commerce & Industry *Includes Delhi, Haryana and parts of UP AUGUST 2015 For updated information, please visit www.ibef.org 8 HARYANA THE BREAD BASKET OF INDIA NEW INITIATIVES 2015-16 Launched “Priyadarshini Awaas Yojna” (PAY) in the 2013-14 budget for providing affordable housing to weaker sections in rural areas. In 2014-15, the Government of Haryana paid US$ 415 million to the beneficiaries of the scheme. Constitution of Haryana Infrastructure Development Board that implemented projects worth more than US$ 9,206 million during 2012-17. Projects in six core sectors, viz., roads and highways, healthcare, education and skill development, tourism, urban transport system and water supply, sanitation and public utilities in both urban and rural areas. For infrastructure investment, a US$ 141 million economic stimulus package was released in 2013-14. Under Indira Gandhi Drinking Water Scheme, free water connections will be provided to SC households in rural and urban areas. Establish a sustainable drinking water project