Basic Industrial & Financial Infrastructure
H
aryana's two strongest points -
physical infrastructure and Goverenment support - are the top two determinants of
investment decision. Further strengthening the infrastructure in order to support the
growth process has been accepted by the State as the mainstay of its polict initiatives. A
number of projects for development of industrial infrastructure are being implemented.
Land
Haryana provides ample choice to an
industrialist so far as land is concerned. Industrial land is being continuously developed
and allotted to potential entrepreneurs. Haryana State Industrial Development Corporation
(HSIDC), a State Goverenment enterprise develops and provides industrial plots/sheds at
reasonable and competitive rates. It has been declared as a
model agency for development of industrial infrastructure in the state. So far it has
developed 35 industrial estates in which 5417 fully developed plots and 585 sheds have
been provided. It's 'Udyog Vihar Complex' at Gurgaon has earned a name for itself for
providing high quality infrastructural facilities.
Haryana Urban Development Authority (HUDA) is another such agency which has
developed and sold industrial plots besides developing commercial and residential sites.
There are no restrictions, whatsoever, on setting up an industry on private land.
It should, however, not disturb the development plant of the area.
82 industrial estates having 12,300 plots have already been developed and sold out. Main
Industrial Estates under development are :
| National capital region | Other areas |
| IMT, Manesar, on NH8 Delhi-Jaipur 1749 acres acquired | I.E Barwala : Located 15 Kms. from Panchkula the estate is fully developed. |
| Growth Centre, Bawal
: On NH8. 1200 acres Phase-I developed |
IIDC Sirsa : Located on NH-10, Land measuring 74 acres has been acquired. |
| EPIP Kundli on NH-I : Fully developed and available for allotment |
I.E, Manakpur : Near Jagadhari, 134 acres of land acquired. |
| Kundli Phase IV : Located on Delhi-Haryana border. 400 acres acquired. |
|
| Barhi near Ganaur: on NH-I, 55 Kms from Delhi. 270 acres already acquired. |
Facilities in the Developed Industrial Estates
Depending on the level and scale of
development in the developed Industrial Estates, following facilities are provided
therein:
Manpower
Haryana has a rich reservoir of trained
and skilled manpower. There are 7 reputed institutes of Engineering and Technology which
run Degree/Diploma courses in various disciplines. 26 Polytechnics impart training and
offer diploma courses in various 
specialised areas. There are 185
industrial training institutes in the State providing technical training in engineering
and non-engineering trades. In addition, a network of training-cum-production centres
conduct courses in special crafts.
Every year about 30,000 students pass out from these institutions adding to Haryana's rich blue and white collar potential. This is apart from the unskilled labour existing in the State.
Wages of skilled and unskilled labour are about US$6 and US$3 per day respectively.
Haryana has an excellent law and order situation with a peace loving hardworking populance. Industrial relations are harmonious with cordial employer-employee relations.
Haryana has a state-wide network of efficient telecommunication facilities. At the close of 1996-97, these are:
A mobile telecommunication network is already under implementation and it is expected that in the next two years the entire State will be covered. Important areas around Delhi are already part of Local Delhi Mobile Telecommunication System. This network system would easily cover major towns like Faridabad, Gurgaon, Bahadurgarh and Kundli.
Power
Haryana State has always given
high priority to the expansion of electricity infrastructure, as it is one of most
important inputs for the development of the State. Haryana was the first State in the
country to achieve 100% rural electrification in 1970.
Haryana Power Sector has recently been restructured by establishing two separate Government owned Corporation: Haryana Vidyut Prasaran Nigam Limited (TRANSCO) and Haryana Power Generation Corporation Limited (GENCO). Earlier the power sector was being managed by the State owned Haryana State Electricity Board (HSEB).
The two new corporations were established on 14th August, 1998 under the provisions of Haryana Electricity Reforms Act. 1997.
GENCO is responsible for operation and maintenance and expansion of existing Panipat and Faridabad Thermal Power Stations and Western Yamuna Canal Hydro-Electric Project.
TRANSCO is to handle the purchase of power and wheel it for bulk distribution in the State.
For retail distribution of power, two state owned distribution companies are being established which will be converted into joint venture companies with majority equity holding of the private sector.
Haryana Government has constituted an independent Haryana Electricity Regulatory Commission (HERC), under the Haryana Electricity Reforms Act, 1997 to aid and advise the State Government on the development of power sector and take appropriate steps to balance the interest of consumers, power entities and generation companies.
A massive investment of over US $ 1.4 billion has been planned towards rehabilitation and expansion of the power transmission and distribution over the next 8-10 years. This would include emphasis on demand side management and efficiency improvement measures.
Achievements
The state Government is committed to provide round the clock uninterrupted power supply to all its consumers.
Power scene since 1967:
| Sr. No. | Description | Financial Year 1967 | Financial Year 1999 |
| 1. | Installed Capacity (MW) | 343 | 2.447 |
| 2. | No. of Sub-Stations | 47 | 414 |
| 3. | Length of transmission and distribution lines (Kms.) | 18,663 | 1,68,986 |
| 4. | Connected Load (MW) | 371.40 | 6,987.25 |
| 5. | No. of Consumers | 3,12,000 | 33,80,456 |
| 6. | No. of tubewell connections | 20,000 | 3,54,374 |
| 7. | No. of industrial connections | 9,749 | 71,651 |
| 8. | Average daily power availability (Lakh units per day) | 17.80 | 367.28 |
| 9. | Per capita consumption (Units) | 57 | 450 |
Transport
Road:
Haryana is a trend setter in the field of passanger transport. It has
total length of 23684 kilometers. The remotest parts of the state are linked with mettaled
roads. its moders bus fleet of 3,864 buses covers a distance of 1.15 million Kilometers
per day. It was the first State in the country to introduce luxry video coaches.
The state government proposes to construct Express highway and free ways for speedier vehicular traffic. Government encourages private sector investment in this sector for upgradation of roads, construction of ROB and BOT basis including four lane ROB.
Rail:
Haryana is well connected on the rail
network. The main railway routes passing through Haryana are:
Amritsar-Delhi
Rewari-Ahamdabad
Bhiwani-Rohtak-Delhi
Ambala-Ferozepur
Delhi-Ferozepur
Kalka-Jodhpur
Kalka-Hawrah
Amritsar-Hawrah
Delhi-Shimla
Under the NCR there is already a proposal to provide rail corridor connecting towns around Delhi linking the major settelite towns like Faridabad, Gurgaon, Bahadurgarh, Kundli etc. Similarely, there is also a proposal to provide rapid mass transportation system between Delhi and these settelite towns.
Water
Water is available as Haryana is a land of canals. It has
tapped its ground water resources to maximum. Life irrigation schemes, pumpsets, and water
channels supply adequate amount of water to the fields and industries. The State has
already launched an ambitious programme of bircklining the water courses. The
Sutlej-Haryana link canal will further add to Haryana's prosperity.
Tourism:
| Haryana Tourism is known throughout the country for trail-blazing performance. Haryana also offers excellent investment opportunities in the tourism sector. Tourism Department has identified a number of new sites for creation of tourism spot. It has been decided that new projects may be taken in joint venture/collaboration with private sector. The joint venture will be entered in the following areas : |
|
Haryana has excellent golf course facilities
near the industrial estates of Gurgaon and Faridabad which can be used by investors and
entrepreneurs.
The state is constantly endeavouring to extend and upgrade infrastructure to meet the ever
growing demand of discerning entrepreneurs.
Haryana has highly supportive infrastructure for investement in projects for powre
generation, hospitals, nursing homes, polyclinics, public schools, tourism and related
industries like hotels, resorts, health clubs, fast food restaurents and other industries.
In recognition of the potential for accelrating the pace of industrialization, the state Government offers an ambitious package of financial and fiscal incentives to the entrepreneurs interested in setting up their projects in Haryana.
Financial
Infrastructure
Haryana Financial Corporation (HFC) and the Haryana State Industrial Development Corporation (HSIDC) are the two state financial institutions engaged in providing financial assistance to the industrial units.
FINANCIAL ASSISTANCETERM LOANS
Haryana State Industrial Development Corporation provides term loan upto Rs. 4 crore (Rs. 2.50 crore under IDBI refinance scheme) to the projects with a capital cost not exceeding Rs. 10 crore. The projects with investment beyond Rs. 10 crore are also considered on selective basis for financing. Haryana Financial Corporation (HFC) also provides term loans upto Rs. 2.40 crore to the units where capital and free reserves are not more than 5 crore. The loan is to be paid normally in 7 to 9 years after a moratorium of one to two years, depending upon merits of each case. Projects having capital investment of Rs. 10 crore and above are financed by all India Financial Institutions like IDBI, IFCI, ICICI, LIC/GIC. Besides the industrial projects, the term loans are also available for setting up hospitals/nursing homes, tourism related facilities like hotels/amusement parks/cultural and goods transport services.
MERCHANT BANKING
HSIDC started providing merchant banking services after getting category-I accredition from Securities and Exchange Board of India (SEBI) in 1992-93. An incisive foray has been made in the field of issue management since then. The Corporation also accepts the assignments of lead managers in addition to acting as advisors and co-managers to public issues besides carrying on the activity of providing underwriting support to public and right issues.
EQUIPMENT REFINANCE SCHEME
HSIDC and HFC have been providing loan under Equipment Refinance Scheme to various industries in Haryana. Under the scheme, an existing unit with a good track record can avail assistance for replacement, marginal expansion or diversification. The loan under this scheme is availed within 6 months of the sanction and to be repaid with 2 to 5 years.
LEASING
HSIDC and HFC are also providing lease assistance under the Lease Finance Scheme.
UNDERWRITING OF PUBLIC ISSUES
HSIDC extends the underwriting support to public issues of those industrial companies which have their base in Haryana.
Haryana has a wide institutional network for providing land, infrastructure and assistance to the entrepreneurs. It has formed various Industrial Promotion Agencies to tend to industries and help them grow and resolve their problems, if any, encountered by them.
NATIONAL EQUITY FUND
HFC operates the scheme, promoted by SIDBI under the name of National Equity Fund Scheme which provides equity type of support to entrepreneurs for setting up new projects under tiny and small scale sectors. The promoter's contribution in this scheme is 10%. HFC provides 65% as term loan and SIDBI gives assistance of 25% as soft loan towards equity basis of the project. The project cost should not exceed Rs. 10 lacs. Similar scheme is also being operated under the name of Mahila Udhyam Nidhi Scheme specially meant for women entrepreneurs.
