Gurgaon attracted Rs 3.5 lakh crore investments in FY15

Gurgaon has emerged as the top destination for investors in Haryana with the city attracting investments worth Rs 3.5 lakh crore, almost 70 per cent of the total inflows of Rs 5 lakh crore in the state in FY 2014-15, says an Assocham study.

Gurgaon has also registered faster implementation of investment projects as almost 95 per cent of these projects are under different stages of implementation while only about five per cent of investment projects have remained non starter, said P K Jain, Chairman, Assocham National Council on MSMEs and D S Rawat, secretary general, Assocham at a press conference in Gurgaon. 


If another futuristic city can be created on the lines of Gurgaon which is often known as a ‘symbol of rising new India’, owing to emergence of international commercial hub like Cyber City, it will help increase Haryana’s revenues by more than three times its current level, said Rawat.

“Factors like availability of skilled manpower and proximity to strong consumption markets in north India have helped Gurgaon evolve as a manufacturing and industrial hub attracting investments mainly from private sector in information technology (IT), information technology enabled services (ITeS), mechanical, electrical, textile, chemical and other sectors”, added Jain.

As of 2012-13, Gurgaon accounted for over 96 per cent of all automobiles produced in Haryana, 95 per cent of all swing machines produced and about 96 per cent of all sports goods produced in the state.

source: yourstory