Haryana gets Rs 4,700 crore industrial investment

Rohtak (Haryana), April 23 (IANS) With the inauguration of two units and laying the foundation stones of six major industrial units, Haryana Monday saw industrial investment of Rs. 4,700 crore, which may create an employment for nearly 40,000 people.

Chief Minister Bhupinder Singh Hooda the laid foundation stones of the R&D facility of Maruti Suzuki India Ltd, a two-wheeler plant of Suzuki Motorcycle India Private Limited and projects of Nippon Carbide, Sabarkantha Cooperative-a unit of Amul Dairy, Lakshmi Precision Screws Ltd. and Aisin Automotive Haryana Pvt. Ltd.

He also inaugurated the second plant of Asian Paints, one of the biggest paint companies in the country, and a blending and bottling plant.

All the new and proposed units are located at the Industrial Model Township near Rohtak town, 80 km from New Delhi.

Claiming that the investment will transform the industrial scene in the state, Hooda said that the new units will create direct and indirect employment for nearly 40,000 people.

Maruti Suzuki managing director Shinzo Nakanishi said that he was positive that like Gurgaon and Manesar, Rohtak will also make its mark on the international automobile market in the coming years.

To be developed over an area of 600 acres, the Maruti-Suzuki unit will be Suzuki's only R & D facility outside Japan. The company expects to invest between Rs.2,000-2,400 crore for the new facility.

The unit of Suzuki Motorcycles would be spread over an area of 50 acres and the Japanese major would invest Rs.1,800 crore with a manufacturing capacity of 20 lakh units per year. The first phase of the project is expected to be completed in the year 2014.

Japanese multinational company, Nippon Carbide, will be manufacturing functional films, consisting of reflective sheets, 3D labels, plastic films, stickers being used in automobile and electronics industries.

Sabarkantha Co-operative, a unit of Amul Diary, will be setting up a milk processing plant over an area of 14 acres.

Japanese automobile components manufacturing company, Aisin, will have an investment of Rs.383 crore, spread over an area of 30 acres.