Russia eyes Haryana for investment in aerospace

Russia eyes Haryana for investment in aerospace

PTIUpdated: Friday, May 31, 2019, 03:04 PM IST
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Chandigarh : Looking for investment opportunities in Haryana, Russia today showed keen interest in areas like aerospace as the state government mentioned about plans to set up an aviation hub in Hisar, about 150 kms from Delhi’s International Airport.

  The interest was shown by visiting Minister of Government of Moscow Sergey Cheremin when he met Haryana Chief Minister Manohar Lal Khattar and Finance Minister Captain Abhimanyu here to discuss various investment opportunities in the state.

The Russian delegation showed keen interest in mutual cooperation with Haryana in areas of aerospace and semi-conductor chip manufacturing, Cheremin said.

 Haryana assured all support and cooperation for further strengthening business ties with Russia.

 While welcoming the Russian delegation, Abhimanyu said defence and aerospace sectors have been prominently highlighted in the state’s new Industrial Policy, offering special incentives in case production takes place in Haryana.

 He said the state government has a plans to set up an aviation hub over an area of 3,000 acres in Hisar. This would be taken up by the government as an alternative airport.

Abhimanyu said that engineering skills of Russia are well recognised in India and hoped that there would be more joint ventures.

Hardselling Haryana as an investment opportunity, he said the state has a locational advantage as it surrounds national capital Delhi from three sides.

Apart from this, 57 per cent of the state’s area falls in National Capital Region (NCR).

 He said the major initiatives under the Delhi-Mumbai Industrial Corridor (DMIC) include Global City at Gurgaon, with a world class Exhibition-cum-Convention Centre, a Logistic Hub and a Mass Rapid Rail based Transport System, to be implemented jointly with the Government of India, reports PTI.

Abhimanyu said India always had strong relations with the USSR in the past and Russian Federation now and the Haryana government believes that there is ample potential for mutual cooperation in different fields between the two countries.

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