Maruti Udyog plans to invest over Rs 20,000 crore in Haryana
Author: BI Bureau
Chandigarh: Haryana once known as an agrarian state has progressed in the industrial sector as well and today the state has become an investor-friendly destination across the globe, and Maruti Udyog plans to invest over Rs 20,000 crore in the state, said Chief Minister Manohar Lal while speaking at the agreement signing programme held for the allotment of land for the plants of Maruti Suzuki India Limited (MSIL) and Suzuki Motorcycle India Private Limited to be set up at Industrial Model Township (IMT) at Kharkhoda in Sonipat.
On the completion of 40 years of Maruti Suzuki's journey, the Chief Minister said that Japan and India’s relations are 70 years old and he wishes that these relations should grow stronger and both Haryana and Japan would keep moving forward. The agreements were signed between the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and Maruti Suzuki India Limited (MSIL)/Suzuki Motorcycle India Private Limited. Maruti’s new plants are to be set up in Kharkhoda on 800 acres and 100 acres of land respectively.
The Chief Minister said that in today's programme Rs 2400 crore has been given to Haryana through HSIIDC. For the first time in the history of Haryana, such a big transaction has happened. This agreement will write a new script for development in Haryana, he added. He said that with the establishment of the plant, 13,000 people would get employment opportunities. An amount of Rs 2400 crore has been spent to purchase the land for the said plant and more than Rs 20,000 crore are to be invested.
Terming this as a historic event, the Chief Minister said that today after 40 years history has repeated itself. He said that 40 years back an MoU was also signed which played a big role in changing the picture and destiny of Haryana's development and today a new agreement was signed in which 900 acres of land was authorized through Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). This land was handed over to Maruti Suzuki today, he added. /BI/
