Haryana is an industrial state and in recent years, has emerged as a base for the knowledge-industry including IT and biotechnology. It is also a leading agricultural state of the country. Many large Indians and multi-national companies have set-up offices in the state because of its infrastructure and proximity to Delhi.
At current prices, the Net State Domestic Product (NSDP) of Haryana was about US$ 36.0 billion in 2008-09. Haryana’s NSDP grew at a CAGR of 15.1 per cent between 1999-2000 and 2008-09.
The per capita GSDP of Haryana increased almost 2.9 times from US$ 541.1 in 1999-2000 to US$ 1606.5 in 2008-09. The per capita NSDP increased from US$ 498.5 in 1999-2000 to US$ 1475.9 in 2008-09, registering an average growth of 12.8 per cent during this period.
The natural resources, policy incentives and infrastructure in the state support investments in sectors such as automobiles and auto-components, IT/ITeS, textiles, agro-based industries, business tourism and commerce. Forming industrial clusters and developing infrastructure has been a key strategy of the state to attract investments in various industries. Gurgaon, Faridabad, Sonepat, Panchkula, Ambala, Yamuna Nagar are the key industrial districts of Haryana. Haryana State Industrial and Infrastructure Development Corporation Limited (HSIIDC) is the state's premier industrial promotion agency, responsible for providing reliable and efficient facilities for entrepreneurs investing in the state.
According to the Reserve Bank of India, FDI inflows from April 2000 to October 2009 amounted to US$ 19,301.5 million. As of December, 2008, outstanding investment in the state was US$ 76.5 billion.State Presentation (April 2010)
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