Japanese company Kubota to invest Rs 2000 crore in Haryana
Chandigarh, October 8 - A high-level delegation of the state, led by Haryana Chief Minister Mr. Naib Singh Saini, on a visit to Japan, visited the Kubota Tractor Plant in Osaka on Wednesday. During this, the Chief Minister met senior officials of the company and discussed in detail the potential investment and technical assistance opportunities in the agricultural equipment manufacturing sector in Haryana.
During the meeting, Kubota Company, in collaboration with Excort, announced an investment of Rs 2000 crore in Haryana. This investment by Kubota will prove to be a big step for both the industrial and agricultural sectors of Haryana. This will not only bring modern agricultural technology to the state but will also create many employment opportunities for the local youth.
The delegation includes Haryana Industries and Commerce Minister Rao Narbir Singh, Chief Principal Secretary to the Chief Minister Mr. Rajesh Khullar, Principal Secretary to the Chief Minister Mr. Arun Kumar Gupta, Managing Director of HSIIDC Dr. Yash Garg and other senior officials.
The Chief Minister, while praising the state-of-the-art manufacturing techniques and innovation-based production system of Kubota Company, said that Haryana is an agrarian state, hence Haryana can become a major hub for agricultural equipment manufacturing. He invited the company to invest in Haryana and set up a manufacturing unit locally. Kubota officials showed keen interest in investing in Haryana.
While giving information about the industry-friendly policies of the Haryana Government, the delegation said that the state government is creating a strong industrial environment to attract investors.
He said that easy and transparent procedures have been adopted for setting up industries in Haryana, due to which investors can get permission quickly.
The state government has implemented a single window system to enhance ease of doing business, whereby all necessary approvals are available on a single platform. Haryana has developed industrial clusters, excellent transport network, skilled human resources and facilities like power supply, creating a conducive environment for investors.