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State Focus Haryana Summit Economy & Banking

Haryana takes its investment pitch to Gujarat and puts a figure of Rs 5 lakh crore on it

Chief Minister Nayab Singh Saini led a Haryana delegation to Gujarat for a two-day investment drive, with one-to-one investor meetings and a gathering of the Haryana diaspora at Surat on the first day and the Haryana Investment Roadshow at Gandhinagar on the second. The pitch is built on the Make in Haryana Industrial Policy-2026, which sets a target of about Rs 5 lakh crore in fresh investment and more than 10 lakh jobs by 2030-31. Industry and Commerce Minister Rao Narbir Singh went with the delegation, and the department's Commissioner and Secretary, Dr Amit Agrawal, set out the plan. At Gandhinagar the Chief Minister told investors about the state's sectoral policies, which cover electronics, data centres, information technology and artificial intelligence, pharmaceuticals and medical devices, toys and sports equipment, and food processing. He said memoranda of understanding worth Rs 1.1 lakh crore had been signed on the day the industrial policy was launched in Gurugram. He also said the state had used 96 per cent of its incentive budget in 2023-24 and in 2024-25, against a six-year average of 83 per cent. Haryana plans a Happening Haryana Global Investors Summit in the first week of April 2027.

Investment target: about Rs 5 lakh crore Jobs target: more than 10 lakh Target year: 2030-31 Roadshow venue: Gandhinagar
Why it matters for exams: The Make in Haryana Industrial Policy-2026 and its Rs 5 lakh crore investment target are a named state policy with a figure.
UPSCSSC
28 October 2026 Source: The Tribune

In plain words

MoU memorandum of understanding — A written statement of intent between parties, which may precede a binding contract.

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