What is (HSIIDC), Haryana State Industrial and Infrastructure Development Corporation
HSIIDC full form is Haryana State Industrial and Infrastructure Development Corporation Limited, it is an industrial development corporation of the Government of Haryana in India. HSIIDC was established on 8 march 1967 with the objective to spearhead the process of industrialization and modernization of the state of Haryana. HSIIDC headquartered in Panchkula, it is a 100% state-owned agency of the government of Haryana. For ease of doing business, Haryana is the first state in India to introduce a labor policy in 2005 and Land Pooling Policy in 2017, for which HSIIDC acts as the nodal agency. In this blog post, we will explore what HSIIDC is, its objectives, and some of its successful projects.
Overview of HSIIDC
HSIIDC is a Public Sector Undertaking, promoted and supported by the Government of Haryana. It was established in the year 1967 with the objective to promote industrialization, investment, and growth in Haryana through the establishment of industrial estates and infrastructure development projects. The HSIIDC has so far developed 36 industrial estates spread across 15 districts of the State. HSIDC has developed at least 11 specialized Industrial Clusters and Theme Parks in Haryana.
The HSIIDC competitive landscape
The Haryana State Industrial and Infrastructure Development Corporation Ltd. (HSIIDC) is a state-owned industrial corporation incorporated in the year 1967 for the purpose of the development of industrial estates and infrastructure facilities in the state of Haryana. The company has an area of over 1,000 sq km, comprising 47 industrial estates, namely a few Bhiwani, Panchkula, Sirsa, Mahendergarh, Rohtak, Kharkhoda, Panipat and Kurukshetra.
The company has emerged as one of the leading Industry players in the country catering to diverse sectors like textiles & apparel, food processing & packaging, chemical & mining products, engineering services etc. In terms of value addition through exports, the company has been ranked fourth among all state-owned companies in India. The corporate vision statement reads as follows: “To be identified as a preferred investment destination by domestic and international investors; To contribute significantly towards socio-economic development and to create employment opportunities for the people residing in Haryana; To provide quality infrastructure facilities which will promote innovation and creativity.”
As per the information available with us, HSIIDC has established close ties with various internationally renowned companies like GE Healthcare Ltd., Lilly India Ltd., BASF SE & Co., JSR Infotech Ltd., Wipro Ltd., NEC Corporation Ltd., Samsung
Recent developments at HSIIDC
HSIIDC is a state-owned industrial and infrastructure development corporation headquartered in Haryana, India. It was established in 1967 as an autonomous statutory body under the Union Ministry of Industry.
The corporation has been principally engaged in the following activities:
– Development and operation of industrial estates, special economic zones (SEZs), minerals exploration and mining, hotels, and tourism projects.
– Establishment of new industries and technology establishments through the establishment of special purpose vehicles (SPVs).
HSIIDC has developed over 5000 hectares of land into productive assets across 15 districts in Haryana. The company is also involved in the construction of highways, bridges, and other infrastructure projects across the state.
Projects Undertaken by HSIIDC
HSIIDC has been undertaking various industrial and infrastructure development projects in the state. Some of these projects are as follows:
1. Haryana State Industrial and Infrastructure Development Corporation Ltd. (HSIIDC) is undertaking a Rs 1,000 crore project to develop a special economic zone (SEZ) at Panipat. The SEZ will be developed on an area of 350 hectares and will have an investment potential of Rs 10,000 crore.
2. HSIIDC is also undertaking a project to develop the Rohtak-Bhiwani Industrial Corridor. The project will involve developing around 2,500 hectares of land and will have an investment potential of Rs 20,000 crore.
3. HSIIDC is also working on a project to develop the Sirsa-Jind Industrial Corridor. The project involves developing around 5,000 hectares of land and has an investment potential of Rs 50,000 crore.
4. HSIIDC is also working on a project to develop the Yeola-Narnaul Industrial Corridor. The project involves developing around 7,500 hectares of land and has an investment potential of Rs 100,000 crore
Industrial Area in Haryana Developed by HSIIDC
HSIIDC has developed 36 industrial parks in Haryana with 11 specialized industrial clusters and theme parks. HSIIDC has developed industrial parks in all districts of Haryana. These are few specialized industrial clusters developed in Haryana
- Textile Hub, Panipat
- IIDC Narwana in Jind
- Food Park, Saha in Ambala
- Growth Centre, Saha in Ambala
- Footwear Park, Bahadurgarh
- Apparel Park, Barhi in Sonipat
- Theme Park, Kundli in Sonipat
- Electronic Hardware Technology Park, Kundli in Sonipat
- EPIP (Export Promotion Industrial Plots), Kundli in Sonipat
- Food Park, Rai in Sonipat
- Mega Food Park, at Sonipat
Haryana has a good infrastructure and is well-connected to other parts of the country. HSIIDC has laid down stringent norms for setting up industries in the area and has also provided support to the existing units through various schemes such as SEZs, duty drawbacks, credit facilities, etc.
How to Buy industrial land from HSIIDC
If you are looking for industrial land in Haryana, then you should contact HSIIDC. This government-owned corporation has a wide range of industrial and infrastructure development projects that it is currently engaged in, making it an ideal option for those looking for quality industrial properties.
HSIIDC offers a variety of land acquisition options, including direct purchase or lease agreements. The corporation also has a wide network of partners and suppliers, meaning that you can be sure that you will find the right property at the right price. Overall, HSIIDC is a reliable option when looking for industrial land in Haryana.
Conclusion
HSIIDC is a state-of-the-art industrial and infrastructure development agency. The company was established in the year 1967 with the aim to provide comprehensive support to various sectors of the economy including renewable energy, food processing and exports, steel production, power generation, and transmission, etc.
