HARYANA

Haryana is a small state located in the northern section of India near Delhi. Since its creation in 1966, Haryana has become India’s fastest growing state, offering its citizens the third highest per capita income. Agricultural development in the state has been tremendous. It was the first state in northern India to introduce crop insurance scheme. It is also known as the ‘milk pail of India’.

Haryana has fast developed into an industrial state, where already 200 projects having foreign technical collaboration have been set up and a number of other project proposals have been received from several multinational companies, big Indian industrial houses and leading NRIs.

Haryana today produces four-fifths of passenger cars, two thirds of tractors, two thirds of motor cycles and fifty per cent of refrigerators manufactured in the country. Also, 25 per cent of India's total production of sanitary ware and one out of every four bicycles are manufactured here.

Chief Minister: Bansi Lal
Land area: 44,212 sq. km.
Population: 16.5 million
Capital: Chandigarh
Per Capita Income: Rs 12,158
Inflation Rate: 14.1%

Haryana has well maintained and extensive road networking to all markets and proximity to to the country’s largest markets for goods and services. It maintains goods infrastructure with adequate length of railway tracks good telecommunications network. Unfortunately, the deficient power supply, frequent rationing and prohibitive power tariffs and the corrupt local administration are hindrance to its development.

Incentives:

• Investment subsidy of 25% (up to Rs 200,000) of fixed capital for tiny units.
• Sales tax exemption up to 150% of fixed capital investment for small-scale units in Zone A.
• Sales tax exemption up to 125% of fixed capital investment for medium-scale units in Zone A .
• Sales tax deferment of up to 175% of fixed capital investment for small-scale units in Zone A.
• Sales tax deferment of up to 150% of fixed capital investment for medium-scale units in Zone A.
• Exemption from payment of octroi by new units in Zone A (9 years) and Zone B (7 years).
• 50% subsidy (up to Rs 1,200 per set) on the cost of captive generating sets for small-scale units.
• Exemption from payment of electricity duty (up to 5 years) for new industrial units.