The Hindu : National : NRI plan to invest in Haryana industries

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Thursday, Oct 11, 2007
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NRI plan to invest in Haryana industries

Special Correspondent

CHANDIGARH: US-based Spectrum International LLC, a company owned by an NRI, has announced plans to invest Rs. 2,000 crore in Haryana in the food preservation and processing industries.

An official spokesperson of the Haryana Government said here on Wednesday that this was announced at a reception organised in honour of visiting Haryana Chief Minister Bhupinder Singh Hooda at Royal Albert Palace, New Jersey, in the United States. The reception was organised by the people of Haryana and prominent local associations and attended by over 200 NRIs. Mr. Hooda announced that the State Government would appoint a nodal officer to deal and coordinate with the NRIs. While welcoming their investment in Haryana, Mr. Hooda assured them that they would not face any difficulties and find a congenial atmosphere in the State.

Mr. Hooda, who is leading a high-powered delegation of the Haryana Government and the CII, reached New York on Tuesday to project Haryana as the most preferred investment destination. The other members include Ajay Singh Yadav, Irrigation Minister, Phool Chand Mullana, Deputy Chairman, Twenty Point Programme, and Shadi Lal Batra, Chairman, Haryana State Agricultural Marketing Board, besides senior officers of the Haryana Government. Leading industrialists of the State are also part of the delegation.

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