Haryana signs 11 MoUs for over Rs 18,000 crore investment

| Monday, March 7, 2016 - 17:10
First Published |
Manohar Lal Khattar

HSIIDC, CM sign these MoUs | Photo: IANS

Gurgaon: The Haryana government on Monday signed 11 MOUs involving a total investment of Rs 18,159 crore with different companies on the first day of the two-day "Happening Haryana Global Investors' Summit-2016" here.

Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) managing director Sudhir Rajpal signed these MoUs with representatives of the companies in presence of Haryana Chief Minister Manohar Lal Khattar.

These agreements included an MoU of Rs 15,000 crore for financial services signed with ICICI, and a Rs 2,000 crore MoU for electronics, IT and IT enabled services (ITeS) with Bharti Airtel.

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Similarly, an MoU involving an investment of Rs 283 crore was signed with Star Wire (India) Limited for manufacturing special and critical steel by adopting high-tech technologies. An MoU of Rs 200 crore was signed with Minda Kosei Aluminium Wheel Private Limited for automobile parts, and alloy wheels, one of Rs 190 crore with Honda for worker housing, and another MoU of Rs 150 crore with Plasser India Private Limited for manufacturing unit for track maintenance machines.

Apart from this, MoUs of Rs 100 crores each were signed with Minda Industries Limited and Mindarika Private Limited for automobile parts switches. Another MoU of Rs 80 crore was signed with TG Minda Private Limited for automobile parts rubber hoses and an MoU was also signed with Snapdeal for e-commerce.

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