Haryana is surrounded by Uttar Pradesh in the east, Punjab in the west, Himachal Pradesh in the north and Rajasthan in the south. The state surrounds the national capital city, New Delhi, from three sides.
Haryana is the second-largest contributor of food grains to India’s central pool. The state accounts for more than 60 per cent of the export of Basmati rice in the country.
It is the third-largest exporter of software and one of the preferred destinations for IT and ITeS facilities. During 2011-12, the state registered IT and ITeS exports of US$ 5.2 billion.
Haryana has emerged as a manufacturing hub with immense scope for the development of the micro small and medium enterprises (MSME) sector. The state has adopted a cluster-based development approach to promote industries like IT, textiles, food and handlooms. The state has an attractive real estate market and is a preferred automotive hub. Of the total 250 large and medium OEMs, about 50 are located in Haryana.
It has also emerged as a base for the knowledge industry, including IT and biotechnology. Many large Indian and multinational companies have set up offices in the state due to high quality infrastructure and proximity to Delhi.
Haryana has a stable political environment. Successive state governments have been committed to creating a progressive business environment. The state offers a wide range of fiscal and policy incentives for businesses under the Industrial and Investment Policy, 2011. Additionally, it has sector-specific policies, particularly, for IT and tourism. Haryana has well-developed physical infrastructure such as power, roads and railways. For promoting trade, the state has planned several projects such as KMP Expressway, DMIC Project, international cargo airport and a new SEZ in Gurgaon.