Haryana government focusing at attracting investments & create more jobs : DushyantChautala

While addressing  Xelerate Haryana-2nd Edition MSME Samvaad Haryana ”Accelerating the Growth Momentum for Holistic Development” conference organized by ASSOCHAM, Deputy Chief Minister Haryana, DushyantChautala said that Haryana Electric Vehicle (EV) Policy 2022, State Startup Policy 2022 and Data Centre Policy 2022 were the three major policies approved by the state government that will boost  state economy. Speaking at the conference in Gurugram, Chautala stated that the state is a preferred destination for auto majors and auto-component manufacturers to host many large automotive players. He said, the state produces two-thirds of passenger cars, 50% of tractors, 60% of motorcycles attracting stake holders and MNCs.  
 

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

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The address was followed by Felicitation of Haryana MSME Excellence Recognition by Deputy Chief Minister, 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, AggconEquipments 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.


In terms of industry perspective, S V Goyal of ASSOCHAM North Region Development Council & CEO, Reliance Model Economic Township shared his insights on how Haryana can become an investment hub. It is praiseworthy that Haryana made it to the list of top achievers in the country in terms of ease of doing business, he added stressing that there is a need to adapt digitization, skill development, infrastructure, and capacity building.
 

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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 development of its MSME ecosystem in the state’..  
 

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

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While concluding the session JyotiPrakashGadia, Co-Chair, ASSOCHAM Haryana State Development Council & MD Resurgent India emphasized on 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 start ups have also reshaped the economy. 

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

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