Latest update: April, 2018
Last Updated: April, 2018
HARYANA State Report | July, 2018
Haryana is among the northern most states in India and adjacent to national capital Delhi. It 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. Historically an agrarian state, Haryana today is a well-developed industrial state.
The state is one of India's largest automobile hubs and accounts for two thirds of passenger cars, 50 per cent of tractors and 60 per cent of motorcycles manufactured in the country. The state has also emerged as a base for the knowledge industry, including IT and biotechnology. Haryana is the third-largest exporter of software and one of the preferred destinations for IT/ITeS facilities.
With an area covering 1.3 per cent of the country, Haryana contributed near 3.63 per cent to India’s GDP in 2017-18. Between FY12-18, the state’s GSDP (in Rs) grew at a CAGR of 12.66 per cent to Rs 6.08 trillion (US$ 94.41 billion) in 2017-18 (A).
The state* has attracted Foreign Direct Investment (FDI) equity inflows worth US$ 74.15 billion during the period April 2000 to December 2017, according to data released by Department of Industrial Policy and Promotion (DIPP).
The state government of Haryana has 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. Haryana stands 14th among Indian states in rankings based on ease of doing business and reforms implementation, according to a study by the World Bank and KPMG.
*Includes Delhi, part of Uttar Prades, (A) – Advance estimates
Last Updated: May 18, 2018