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2013-08-27

Delhi, Haryana calls for investment to spur growth

Calling for industry support, Sheila Dikshit, Chief Minister, Delhi invited the industry to participate and invest in low cost housing projects, efficient distribution and management of water, managing wastes and hassle free public transport system. Dikshit was addressing the 2nd Invest North Conclave organized by industry body CII on Monday in the capital.

Delhi, Haryana calls for investment to spur growth

Calling for industry support, Sheila Dikshit, Chief Minister, Delhi invited the industry to participate and invest in low cost housing projects, efficient distribution and management of water, managing wastes and hassle free public transport system. Dikshit was addressing the 2nd Invest North Conclave organized by industry body CII on Monday in the capital.

 

“We are immensely committed to make Delhi a world class city and sustain the double digit growth rate of 11.4% that Delhi has clocked for the last decade through facilitative investor friendly policies. This is possible, if and only if industry supports and partners with us in our initiatives and projects, essentially low cost housing, which would help us make Delhi slum-free in next 2-3 years,” Dikshit added.

 

While emphasizing the importance of integrated development of NCR region, Dikshit said, “Since land is a major constraint in the development of Manufacturing in Delhi, we are continuously striving to enhance the communication channels from Delhi to other nearby cities like Noida, Gurgaon, Faridabad etc.”

 

“Due to lack of space, Manufacturing is not feasible here, so our thrust is now on development and growth of IT & ITeS, knowledge based and Services Sector so as to increase Delhi’s share in India’s GDP & Exports. An Integrated Services hub at Baprola is one such initiative.  Government of Delhi is focused on development of key sectors on the PPP model,” the minister further highlighted.

 

“Skill development is one of the top most priorities of the government and to deliver on the same, an MoU with Government of Singapore has been signed to develop a world class Skill Development Centre at Jonapur said the Chief Minister. 

 

She also released the CII-KPMG Report on Northern India - Poised for a Quantum Leap.

 

While wooing the industry to invest in Haryana, Mr Bhupinder Singh Hooda, Chief Minister, Government of Haryana informed, “Haryana is a leader in all four key parameters on which any state’s progress is judged, viz Per Capita Income, Per Capita Investments, Per Capita Plan Budget expenditure and Resource Mobilization.”

 

“To establish Haryana as a manufacturing hub, the state government is focusing on cluster based manufacturing. A number of theme hubs including food parks, foot wear parks; metro projects etc are also being planned. Further, we are coming up with Industrial model townships and industrial estates to strengthen industrial infrastructure in the state. Also, 2/3rd of the state falls within the Delhi-Mumbai Industrial Corridor. All this is bound to open immense avenues of investments for the industry, which it should capitalize on,” he further highlighted.

 

“Invest North 2013 gains prominence on the backdrop of the current macro-economic challenges wherein the growth rate has plummeted to 5%, the lowest in a decade as it provides an opportunity for us to make economic reforms and governance measures our national and state level priority to facilitate the industry to become true partners in nation building,” said  S Gopalakrishnan, President, CII & Executive Vice Chairman, Infosys Ltd.

 

Mr Gopalakrishnan further stressed on the need of implementation of GST, model APMC Act, streamlining procedural reforms, approvals and clearances on which CII has been consistently working along with all the stakeholders.

 

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