Chandigarh, January 19- Chairman and Chief Executive Officer of Suzuki Motors Corporation, Mr. Osamu Suzuki exhorted the Japanese entrepreneurs to not only invest in Haryana but also to take their local vendors along. Mr. Osamu Suzuki, made this call at an Investment Promotion Seminar organized at the jam packed auditorium of Embassy of India, in Tokyo today whereas Haryana Chief Minister Mr Manohar Lal made a superb emotional connect with Japanese companies and investors through an engaging interaction with deft switching between Japanese, Hindi and English.
The Haryana Chief Minister made his address in Japanese which elicited a tremendous applause. During the question session he answered questions asked in English in English and those asked in Japanese in Hindi. This effort of Chief Minister even as he answered questions covering power, road, water and environment sectors was responded to by Mr. Osamu Suzuki in these words: “I am deeply impressed by the sincerity and communication skills of Mr Manohar Lal Chief Minister Haryana.” noting that despite having worked in Haryana for 33 years he himself could not speak Haryanavi at all. He said that he was amazed at Mr Manohar Lal conversing in Japanese during his first visit to Japan. It may be recalled that Chief Minister is leading an official and business delegation to Japan and China to invite Foreign Direct Investment to the State. Mr Manohar Lal said that Haryana offers great opportunities for investment in fields of IT/ITES, Agro and Food Processing, Healthcare and Medical Education, Skill Development, Electronics Hardware Manufacturing, Textile and Apparel, Defence and Aerospace, Mass Rapid Transport.Haryana has advantage of its geo-strategic location.
The people of Haryana are industrious and focused, and our youth have the zeal, skill and attitude of world beaters. The anticipated national economic revival is an excellent opportunity for investors and entrepreneurs. The Chief Minister said that it is a matter of pride that Japan has been one of the major investors in Haryana. The investment flow started with the entry of Suzuki in the 1980s which created an entire eco-system of auto ancillaries in Faridabad and Gurgaon. Presence of large multinational companies in Haryana, including Japanese companies like Suzuki, Honda, Panasonic, Aisin, Mitsubishi, Yokohama, Yakult, Musashi, Mitsui, Asahi, YKK, Stanley, Denso, Asti, Kansai, NHK, NTN, Daikin, Showa, Sanden, Koyo to name a few, is a testimony to our progressive industrial policies and the sound infrastructure facilities available to the industrial entrepreneurs. We have also set up a Japanese Hostel in Gurgaon to provide home like environment for the Japanese visiting India. He said that Ministry of Economy, Trade and Industry (METI), Government of Japan and the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, Government of India have jointly identified Jhajjar as one of the 12 nodal districts.
This has the potential of ushering in a new wave of large scale Japanese investments in this region which is situated in the National Capital Region. He described Haryana as a land of opportunities and enterprise saying that today, Haryana is counted amongst the most developed and industrialized States in India. Haryana is the leading manufacturer of cranes, excavators, cars, two-wheelers, footwear and scientific instruments. He said that geographically, Haryana is a small state, accounting for just 1.3 per cent of the total area of the country, but it contributes nearly 3.5 per cent to the national economy. Haryana enjoy a great strategic advantage as it surrounds the National Capital Delhi from three sides and nearly 57 per cent of the State falls under the National Capital Region.
Haryana has the highest per capita income amongst the larger States in India and the State GDP is growing at the rate of 7.8 per cent annually. Today, the manufacturing and services sectors contribute about 86 per cent to the State economy. Haryana’s economic growth rate has been consistently higher than that of the National economy. He said that Haryana has excellent connectivity to rest of the country through air, rail and road. The law and order situation in the State is excellent which provides the right atmosphere for the industry to nurture and grow. Ample land bank is available for the industry with 24X7 on demand power availability.Creation of infrastructure of international standard has our special attention.
We are constantly striving to improve connectivity, ensure adequate power and water and create social infrastructure like schools, hospitals and recreation centres etc. He said that under-construction Kundli-Manesar-Palwal Expressway that encircles Delhi on the western side will facilitate seamless connectivity of Haryana with the rest of the country, without the traffic having to pass through National Capital territory of Delhi. The project is a priority project and has recently been revived and recommenced. A Global Corridor has been planned along its 135 kms route, which offers new opportunities for development of Theme. The Chief Minister said that to propel the State to the next level of growth trajectory, we have come out with a path breaking “Enterprises Promotion Policy-2015”.
This Policy envisions GDP growing at a rate higher than 8 per cent, an investment of Rs. one lakh crore (US$ 15 billion), employment generation for more than four lakh persons and also to position Haryana as a pre-eminent investment destination. He said that the Foundation Pillars of our New Enterprises Promotion Policy included ease of doing business; enhancing competitiveness of the industry by reducing cost of doing business;balanced Regional Growth through geographical dispersal of industries;focus and support to the MSME Sector; implementation mechanism to ensure monitoring and implementation of policy along with the promotion, outreach, grievance redressal and constant engagement with the industry.The Government of Haryana is determined to create an ecosystem in which the ‘Ease of Doing Business’ in the State matches and even exceeds the best global standards to reduce delays and increase competitiveness of the Industry by reducing the cost of doing business.
The ‘NIRBAADH’ (New Industrial Regulation by Automatic Approvals and Delegation in Haryana) Scheme has been launched which focuses on time bound approvals and clearances and self-certification and third party verification. ‘FINE’ (Financial Incentives and No Enhancements) Scheme has also been introduced to reduce the cost of doing business through a slew of incentives and no enhancement in cost of plots allotted by HSIIDC in future. To facilitate balanced regional growth, we have introduced the ‘VISTAAR’ (VAT, Interest, Stamp Duty, Tax, Audit Assistance and Rating) Scheme, which provides for subsidy in VAT, Interest, Stamp Duty, Tax, Audit and Ratings. Haryana Skill Development Mission has been launched to provide employable skills to youth, which is a step in the right direction. A Skill Development University is also being set up in the State. Private Sector is being encouraged to provide skill training by utilizing the existing infrastructure.The ‘Maha Nivesh Yojana’ has been launched for Iconic-Ultra Mega Projects in manufacturing, Tourism, Logistics, Wholesale Markets etc. involving land of minimum 500 acres and investment of US$ 1 billion (Rs.6,000 crore).
Such projects would be provided a special dispensation including customized package of incentives. Being one of the first nodes on the Delhi-Mumbai Industrial Corridor we are at an advanced stage of planning of three large infrastructure projects including Mass Rapid Transit System between Gurgaon and Manesar Bawal industrial region, Integrated Multimodal Logistics Hub in southern Haryana and Global City with World Class Exhibition-cum-Convention Centre in Gurgaon. The Japan International Cooperation Agency (JICA) has already committed long term funding of US$ 2.5 billion for the Mass Rapid Transport System project costing US$ 3.5 billion. There is also tremendous potential for investments for the Japanese companies in the other two DMIC projects namely the Global City and the Logistics Hub. While adding that Haryana provides a very conducive eco-system for growth of enterprises, he invited them to invest in Haryana. He said that the Government would appoint Relationship Managers for them. These Managers would handhold them through the entire project lifecycle. He also assured them of hassle-free business environment and wholehearted support of my Government. The Chief Minister said that with nearly one-third of foreign investments in Haryana having come from Japanese companies, it becomes all the more important for us to maintain this healthy relationship. He sought their continued preference and investments for the State and assured them of all support of his Government.
He invited them to visit Haryana to catch a glimpse of its development and experience its dynamism.He also invited them to `Happening Haryana Global Investors Summit` from March 7 to 8, and ‘Haryana Parvasi Divas’ on March 9, 2016 in Gurgaon. Answering a query on environmental clearances, he informed that when his government came to power, there were over 1000 pending applications for consent to operate with an average pending of around 13 months. Today, only 45 applications with a pendency of 40 days were pending. While answering a question on water problem, Haryana Industries Minister Capt. Abhimanyu assured the audience that there will be no shortage of industrial water in South Haryana, thanks to the major recycling plans. Earlier, Indian Ambassador to Japan, Mr Sujan Chinoy said that Haryana was certainly unique among all States of Haryana because of its locational advantage. Haryana Principal Secretary, Industries, Mr Devender Singh made a presentation highlighting New Enterprises Promotion Policy.
Later in the day, the Haryana Chief Minister held meetings with Senior ex-Vice President, Marubeni Corporation, Mr Shigeru Yamazoe; Audit and Supervisory Board Member, NIDEC, Mr Ryuichi Tanabe; team of JETRO Ex-Advisor, President and CEO, SMBC Nikko Securities Inc. Mr Tetsuya Kubo and representatives of External Vision Company (TBC) in Tokyo.