In continuance to Haryana Government’s efforts to enhance the capabilities and capacities of Micro, Small and Medium Enterprises (MSMEs) sector, the State Government while identifying five major sectors has decided to come out with ….
- Haryana identifies five sectors to boost MSMEs
- Specific policies to be formulated to establish Haryana as leader state in India
- Incentives, schemes to be launched through specific policies to address the needs of these sectors
- Chandigarh, March 13: In continuance to Haryana Government’s efforts to enhance the capabilities and capacities of Micro, Small and Medium Enterprises (MSMEs) sector, the State Government while identifying five major sectors has decided to come out with specific policies for these sectors so as to establish Haryana as a leading state in the country in the identified focus areas.
- The list of these five major focus areas include Aerospace and Defence, Toy Industry, Services Sector, Construction Industry and Industrial Infrastructure which will be given boost. Aerospace and Defence, as well as Toys Manufacturing, are focus sectors currently for the nation.
- Sharing more information, an official spokesperson said that State Government’s decision to formulate specific policies for these sectors have been taken to give a major boost to these five sectors as MSME sector holds prominence in the overall developmental agenda of the government to advance the socio-economic development in the state.
- The Incentives and schemes launched through specific policies will not only address the needs of these sectors in the state but will also help Haryana to establish itself as a leader state in the country in the identified focus areas, said the spokesperson.
- While Haryana’s well-recognized manufacturing proficiency and state-of-the-art infrastructure in globally competitive automobile and engineering sector can help in meeting India’s critical need to be self-reliant in the sector, the country under the ‘Atmanirbhar Bharat’ initiative has been focusing on strengthening of indigenous toys manufacturing industry.
- Also, Services Sector and Construction Industry hold special prominence in the economy of the state and have the potential to become growth engine for creation of livelihood opportunities at the grassroot level, said the spokesman.
- He said that to further, to achieve the vision of MSME development in the state, Industrial Parks are required to be created to not only reduce the cost of doing business for MSMEs but also to provide facilities at doorstep to foster entrepreneurship. Hence considering the significance of the 5 focus areas in today’s scenario, State Government has decided to come out with specific policies.
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