Looking somewhat smaller than West Virginia, Haryana is one of the most economically advanced states in northern India. Large and rich, it wraps around the east and north of New Delhi, our country’s capital. Hence, it is well placed; it is neighboring the richest markets in the Indian subcontinent. As a larger consequence, Haryana started life as a farm state, but it is becoming a hub of more advanced kinds of fabrication.
By way of illustration, a lot of India’s cars, car elements, and electronics are manufactured in Haryana. This is why Softbank, Ikea and Maruti Suzuki and scores of other companies scour this part of India and invest billions of dollars here. Consequently, the job for Haryana is to attract more of these companies to come to Haryana and to stay. The world ha
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Looking somewhat smaller than West Virginia, Haryana is one of the most economically advanced states in northern India. Large and rich, it wraps around the east and north of New Delhi, our country’s capital. Hence, it is well placed; it is neighboring the richest markets in the Indian subcontinent. As a larger consequence, Haryana started life as a farm state, but it is becoming a hub of more advanced kinds of fabrication.
By way of illustration, a lot of India’s cars, car elements, and electronics are manufactured in Haryana. This is why Softbank, Ikea and Maruti Suzuki and scores of other companies scour this part of India and invest billions of dollars here. Consequently, the job for Haryana is to attract more of these companies to come to Haryana and to stay. The world has to be a part of the Haryana victory and we will strive to get better and become stronger in the auto industry, electronics, clean energy and food.
Reasons to Start Industry in Haryana
Haryana is strategically located and has easy access to the market. Following are the reasons why Haryana should be considered is its location-
- Being in the National Capital Region, NCR, Haryana has direct access to one of the biggest markets in Asia. Since it is close to Delhi, there are numerous opportunities for trade, export, and service-based industries.
- In fact, within the Northern part of the country, it takes useful days to get to the biggest towns and cities such as Jaipur, Lucknow, or Chandigarh. The state is highly developed since it has a huge industrial base. The automotive industry is highly developed in Haryana. The state is home to automobile production and engineering companies such as Marut Suzuki, Hero Motocorp, Honda, JCB, and Whirlpool. More than 50% of all cars in India and around 60% of motorcycles worldwide are produced in this state. Moreover, there is a developed IT sector and food industry.
- The biggest industrial regions in Haryana are located along the highway, and there is a special freight corridor in this area. The next reason is the state’s infrastructure. It is one of the best developed in the country and includes quality highways, industrial estates, and logistic parks. Moreover, it has a qualitative power grid and water supply system.
Availability of Raw Materials and Supporting Factors
1. An agricultural and horticultural base – being a top producer of wheat, rice, sugarcane, mustard, and dairy products, among others, the state is noted for food processing, packaging, and the cold-chain as its natural base. The manufacturer’s focus on horticulture clusters for F&V will promote agro-based entrepreneurship.
2. Minerals and natural resources – there are reserves of limestone, quartz, and gypsum vital for the cement, ceramics, and construction material industry and which are found in abundance in the state. It is close either to domestic production or mining zones in the neighboring states.
3. An industrial ecosystem – a network of industrial clusters served by pan-India leaders in engineering or textiles has an established supply chain network and the availability of either raw materials or a ready-to-use component;
Why Select Industry for Startup in Haryana
Entrepreneurs in Haryana can explore opportunities across both traditional and emerging industries:
Haryana’s top startup sectors:
1. Automobile and Auto Components: as India’s automotive capital, Haryana boasts a mature ecosystem of OEMs, suppliers, and ancillary units. Startups can invest in EV components, battery manufacturing, and precision engineering.
2. Information Technology and IT-Enabled Services: with Gurugram and Panchkula emerging as IT hubs, Haryana offers significant opportunities in software development, fintech, AI, cybersecurity, and BPO services. The Haryana IT & ESDM Policy promotes innovation and data centers.
3. Agro-Processing and Food Industry: given its agricultural abundance, the state is ideal for grain milling, oil extraction, dairy products, fruits & vegetable processing, and organic food ventures. The state even established a Mega Food Park at Sonipat with integrated infrastructure for food startups.
4. Renewable Energy: Haryana is actively promoting solar power, bioenergy, and waste-to-energy projects through incentives under the Haryana Solar Power Policy 2021. Entrepreneurs can even consider manufacturing solar panels, EV charging units, and energy storage systems.
5. Textiles and Apparel: Panipat and Hisar are major centers for textiles, yarn, home furnishings, and woollen products. The state promotes technical textiles, garment exports, and eco-friendly fashion manufacturing.
6. Logistics, Warehousing, and E-Commerce: with major transport corridors passing through, Haryana offers opportunities in logistics parks, cold storage units, and last-mile delivery startups. E-commerce giants like Amazon and Flipkart already have fulfillment centers in the state.
7. Pharmaceuticals and Healthcare: the state is emerging in pharmaceutical formulations, medical devices, and nutraceuticals. With proximity to the Delhi NCR, market access and regulatory support are easy.
8. Real Estate and Hospitality: urbanization and industrial growth have led to high demand for housing, retail, commercial spaces, and hospitality ventures, especially in Gurugram, Faridabad, and Sonipat.
Market Demand
- Therefore, it was evident that simultaneous to the rigid industrial clusters being in place, the industrialization in Haryana has persistently moved ahead.
- Firstly, the high rates of urban/metro development/incorporation impelled it very strongly with the income per capita as well, eventually and thereby resulted in huge demand for every sector. That expanded the middle income group population and hence the consumer goods, Shelter and Automobile vehicles have seen a significant push in demand.
- Further Haryana’s huge industrial base suggested continuing demand for engineering components, logistics, and automation solutions. In the same way but following rising farm income comes up (like agro-processing, packaging, etc) because services also are mostly not just manufacturing. Services had seen widespread growth; IT infrastructure, education infrastructure, healthcare infrastructure also seeing intense subsequent demand.
Government Support and Incentives
The Government of Haryana offers a robust support framework through policies and institutions such as:
- So, under the Haryana Enterprise Promotion Policy (HEPP) 2020 you shall earn incentives for MSMEs and also for startups. Startup Haryana Policy 2022 also provides financial help to you.
- Further, you will get a fair amount of free services under the CITCO Campus by HSIIDC also including industrial land/ready facilities/infrastructure. All approvals under a single window can go to the Ease of Doing Business Cell (EDBC).
- There are special incentives for women entrepreneurs, units looking to establish in eco-friendly industries, and industries that want to go into backward areas.
All of this combines to mean that you will have a well-woven safety net around your business no matter what stage it is in.
What makes Haryana one of the most sought-after destinations includes a well-defined strategy, the rich industrial base, a professional and educated work force and responsive governance. The state with a strong base in manufacturing and IT and with the addition of this strategic location is ideally placed. Emerging opportunities in sectors such as automobiles, agro processing, renewable energy, IT, logistics, chemicals, and pharmaceuticals, Haryana is moving towards becoming the next generation industrial hub. The state is ensuring companies to expand through innovation, digitalization and sustenance and become globally competitive.
