Follow Us:
NewsWave
Your Region. Your News.
Subscribe
NewsWave

Your trusted source for the latest news from around the world.

Quick Links

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Correction & Complaint Policy
  • Advertise With Us

Categories

  • National
  • International
  • Politics
  • Business
  • Sports
  • Career/Job
  • Tech
  • Health
  • Automobile

Contact Us

  • hello@newswave.com
  • +91 98765 43210
  • SCO 123, Sector 17, Chandigarh, India
© 2026 NewsWave. All rights reserved.Manager Login
Haryana Proves Ease of Doing Business is Not Just a Policy announcement but an active operational standard: Arun Gupta
BusinessHaryana

Haryana Proves Ease of Doing Business is Not Just a Policy announcement but an active operational standard: Arun Gupta

By NewsWave Desk10 Jun 2026, 10:42 am156 views

Moving from talk to action, the Haryana Government has cleared industrial land allotments for seven major corporate entities within just a week of signing massive investment pacts. Led by HSIIDC Chairman Arun Kumar Gupta, the speedy clearances total over ₹1,315 crore in investments and are set to create over 5,000 jobs. This swift execution sets a new benchmark for Haryana's active operational standard of 'Speed of Doing Business'.

The Haryana Government has set a strong example of administrative efficiency, implementation readiness and fast-paced economic governance by converting major investment commitments into on-ground action within just a week of making them.

This remarkable progress follows the launch event of the Mega Industrial Policy and nine sector-specific policies held in Gurugram on June 1, where the state signed Memorandums of Understanding (MoUs) worth Rs. 1.10 lakh crore. In a bid to translate these strategic agreements into tangible outcomes, a meeting of the  Executive Empowered Committee (EEC) was held in Panchkula under the chairmanship, Principal Secretary to Chief Minister and Chairman, HSIIDC, Sh. Arun Kumar Gupta. Commissioner and Secretary, Industries and Commerce Department, Dr. Amit Agrawal also shared his insights on various aspects during the meeting.

In line with Haryana’s ‘Speed of Doing Business’ policy, the EEC approved the immediate allotment of industrial land to seven major corporate entities in Industrial Model Townships (IMTs) at Sohna and Bawal, and Industrial Estates at Barhi and Dharuhera.

 These allotments involve proposed investments worth Rs. 1,315.70 crore across more than 36 acres of land. The projects are also likely to generate employment opportunities for over 5,000 people, further strengthening Haryana’s position as a leading industrial and technology hub.

Among the major approvals, M/s Trontek Electronics Limited has been allotted 12.98 acres of land in IMT Sohna under the Mega Project category with a proposed investment of Rs 790 crore. M/s Orient Fashion Exports (India) Private Limited has been allotted 3 acres in IMT Sohna with a proposed investment of Rs 51.50 crore.

Two key FDI projects have also been approved in IMT Bawal. M/s Bollhoff Fastenings Private Limited has been allotted nearly 7 acres of land with a proposed investment of Rs 116.06 crore, while M/s Maccor Industries Private Limited has received approval for approximately 1.5 acres with an investment of Rs 45.47 crore.

 Similarly, approvals have been granted to M/s Paras Polymers with an investment of Rs 170 crore, M/s Richaco Exports Private Limited with an investment of Rs 92.97 crore, and an advanced manufacturing unit promoted by Shri Rajesh Sharma with an investment of Rs 49.70 crore in IE at Barhi and Dharuhera.

 Speaking on the decisions taken by the EEC, Sh.Arun Kumar Gupta said that the swift conversion of investment commitments into project approvals reflects a clear transformation in the State’s administrative framework. He said that capital naturally flows towards markets that offer regulatory speed and institutional certainty. By combining competitive land allotment systems with transparent and streamlined industrial processes, Haryana is demonstrating that ease and speed of doing business are not merely policy announcements but active operational standards.

He further said that the rapid deployment of land resources within days of a global investor event sets a new benchmark for industrial administration in India. It also reflects the Haryana Government’s commitment and HSIIDC’s vision of creating world-class economic ecosystems where global enterprises can establish, launch and expand their operations with maximum efficiency.Commissioner and Secretary, Industries and Commerce Department, Dr. Amit Agrawal,  Principal Secretary, Cooperation Department, Sh. Pankaj Yadav, Commissioner and Secretary, Excise and Taxation Department, Smt. Ashima Brar, Director General, Industries and Commerce Department, Dr. Yash Garg, Director, Town and Country Planning, Dr. Amit Khatri, Director General, Urban Local Bodies, Sh. Mukul Kumar,  and Managing Director, Haryana Financial Corporation,Sh. Sushil Sarwan.


Similar News

Sensex, Nifty Today: IT Stocks Rise as Crude Oil and US Bond Yields Weigh on SentimentBusiness
Himachal Pradesh

Sensex, Nifty Today: IT Stocks Rise as Crude Oil and US Bond Yields Weigh on Sentiment

Sensex and Nifty opened nearly flat on Wednesday as IT stocks gained over 1%, while rising crude oil prices and US bond yields kept investors cautious.

14 Oct 2026, 09:40 amRead More ›
India’s Foreign Exchange Reserves Decline by $18.3 Billion to $747.5 BillionBusiness

India’s Foreign Exchange Reserves Decline by $18.3 Billion to $747.5 Billion

India’s forex reserves fell by $18.3 billion to $747.5 billion in the week ended September 25, with declines in foreign currency assets and gold reserves.

03 Oct 2026, 08:19 amRead More ›
Indian Stock Market Today: Sensex, Nifty Gain in Early Trade; Midcaps LeadBusiness

Indian Stock Market Today: Sensex, Nifty Gain in Early Trade; Midcaps Lead

Indian equity markets opened higher on Tuesday morning amid positive global cues and falling crude oil prices. Nifty Realty leads sectoral gains, while Midcaps outperform.

22 Sept 2026, 10:02 amRead More ›
Stellantis India Takes Full Control of SAIPL and Tiruvallur PlantBusiness

Stellantis India Takes Full Control of SAIPL and Tiruvallur Plant

Stellantis India has acquired HMFCL’s remaining stake in SAIPL, gaining 100% ownership of the company and its Tiruvallur manufacturing plant.

22 Sept 2026, 08:06 amRead More ›
RBI Extends KYC Facility to Foreign Portfolio Investors, Simplifies Document CertificationBusiness
Delhi NCR

RBI Extends KYC Facility to Foreign Portfolio Investors, Simplifies Document Certification

RBI has extended an existing KYC facility to FPIs, allowing banks to accept original certified KYC documents attested by specified overseas authorities.

21 Sept 2026, 06:32 pmRead More ›
← Back to home

Latest Headlines

View All
  1. Loading headlines...