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Haryana’s recent policies aimed at attracting investments and creating more jobs focusing on the ease of doing business: Dushyant Chautala

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The Deputy Chief Minister, Government of Haryana, addressed Xelerate Haryana 2nd Edition MSME Samvaad Haryana organised by ASSOCHAM.

 While addressing the Xelerate Haryana – 2nd Edition MSME Samvaad Haryana ‘Accelerating the Growth Momentum for Holistic Development, Deputy Chief Minister, Govt. of Haryana, Shri Dushyant Chautala said that Haryana Electric Vehicle (EV) Policy 2022, State Startup Policy 2022 and Data Centre Policy 2022 were the three significant policies approved by the state government that will boost the state economy. The conference was organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), the apex industry body.  

The Deputy Chief Minister of Haryana, speaking at a conference in Gurugram, stated that the state is a preferred destination for auto majors and auto-component manufacturers. The state is host to many prominent automotive players. The state produces two-thirds of passenger cars, 50 per cent of tractors, and 60 per cent of motorcycles attracting stakeholders and MNCs.  
 

Shri Chautala told the industrialists that there is a need for a strong connection between the government and the industry to have a vision of growth. ”MSME has created a separate web with strong growth rate,​” he added. He further said the primary focus should be on more consumption rate in the state.  

The address was followed by Felicitation of Haryana MSME Excellence Recognition by Hon’ble Deputy Chief Minister, Govt of Haryana. Scoreme Solutions Pvt Ltd was recognised for Best MSME Lending Bank of the Year, DPS UDYOG for MSME of the Year (Manufacturing), Apeiron Techno Ventures for MSME of the Year (Innovation), True Credits Pvt Ltd for Best NBFC of the Year, Curls and More for Most Promising Brand of the Year, Aggcon Equipments International Private Limited for Fair Business Practices Company of the Year & Most Socially Responsible Company of the Year and Allied Medical Limited for Tech-SME of the Year.

Regarding industry perspective, Mr S V Goyal, Co-Chair, ASSOCHAM North Region Development Council & CEO, Reliance Model Economic Township, shared his insights on how Haryana can become an investment hub. He added that Haryana made it to the list of top achievers in the country in terms of ease of doing business. He stressed the need to adapt digitization, skill development, infrastructure, and capacity building. 

Mr Vijay Sharma, Director, Jindal Stainless, Chairman, Haryana Development Council gave his welcome address and shared that the state has a great vision for the economy in the direction of agriculture, manufacturing, and R&D. He said, ”In line with Atmanirbhar Bharat and to support state MSMEs), a tremendous focus has been on the development of its MSME ecosystem in the state”.  

Mr Shobhit Mathur, Partner, Consulting Services, EY LLP, elaborated on the MSME sector as an economic growth pillar. HE STATED THAT MSME GDP contribution is 30% globally, and MSME exports account for 50% of India’s total exports. The primary focus is on creating livelihoods and jobs to improve rural industrialization. He added that the cluster development approach needs to be adapted in the long run. 

While concluding the session Mr Jyoti Prakash Gadia, Co-Chair, ASSOCHAM Haryana State Development Council & MD Resurgent India, emphasized how the government’s support is enormous with Programme to Accelerate Development for MSME Advancement (PADMA) Scheme. Financial assistance from the banking sector has allowed businesses to thrive, and banking is coming to the state. According to him, new startups have also reshaped the economy. 

The event is supported by Reliance Model Economic Township Ltd, GNA Group, Fly Apeiron, Jindal Stainless, Sidbi, Truecredit, EaseMyTrip, Aggcon Equipments, V-mart, and Amar Ujala. Knowledge Partners were Resurgent India and Ernst & Young.

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