Haryana State Board Approves Rs.15 Bn for Infrastructure
ECONOMY & POLICY

Haryana State Board Approves Rs.15 Bn for Infrastructure

In a significant move, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has obtained approval to borrow ?15 billion for financing a range of infrastructure initiatives. The sanctioned funds are earmarked for diverse projects, including industrial infrastructure, technology parks, and land development at various locations.

This decision underscores HSIIDC's commitment to advancing the state's infrastructure landscape, aligning with the broader goal of fostering economic growth and industrial development. The approved borrowing signifies a strategic financial move to facilitate key projects that contribute to Haryana's overall progress.

The allocation of funds for industrial infrastructure and technology parks indicates a focus on creating a conducive environment for business and technological advancements. Additionally, the emphasis on land development across various locations suggests a comprehensive approach to address infrastructure needs in different parts of the state.

As Haryana aims to position itself as a hub for industrial and economic activities, the approval for borrowing substantial funds reflects a proactive stance in mobilizing resources for crucial development projects. The utilisation of the sanctioned amount is anticipated to play a pivotal role in shaping the infrastructure landscape, contributing to the state's economic resilience and long-term sustainability.

In a significant move, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has obtained approval to borrow ?15 billion for financing a range of infrastructure initiatives. The sanctioned funds are earmarked for diverse projects, including industrial infrastructure, technology parks, and land development at various locations. This decision underscores HSIIDC's commitment to advancing the state's infrastructure landscape, aligning with the broader goal of fostering economic growth and industrial development. The approved borrowing signifies a strategic financial move to facilitate key projects that contribute to Haryana's overall progress. The allocation of funds for industrial infrastructure and technology parks indicates a focus on creating a conducive environment for business and technological advancements. Additionally, the emphasis on land development across various locations suggests a comprehensive approach to address infrastructure needs in different parts of the state. As Haryana aims to position itself as a hub for industrial and economic activities, the approval for borrowing substantial funds reflects a proactive stance in mobilizing resources for crucial development projects. The utilisation of the sanctioned amount is anticipated to play a pivotal role in shaping the infrastructure landscape, contributing to the state's economic resilience and long-term sustainability.

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Next Story
Infrastructure Urban

Mphasis Partners with Sixfold to Revolutionize Insurance Underwriting with AI

Mphasis, a leading provider of cloud and cognitive technology solutions, today announced a strategic partnership with Sixfold, a US and UK-based artificial intelligence (AI) underwriting company, to enhance and streamline insurance underwriting processes. As a certified implementation partner, Mphasis will integrate Sixfold’s AI-powered platform to help insurers significantly accelerate submission intake, improve risk assessment accuracy, and reduce underwriting turnaround times. The solution, already in production at several leading carriers, is designed for Life & Disability, Comm..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?