Haryana State Industrial Development

Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and its Role in Haryana's Development

• Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) is a 100% state-owned agency of the government of Haryana in India.
• HSIIDC was established on March 8, 1967 and is headquartered in Panchkula, Haryana.
• Haryana is the first state in India to introduce a labour policy in 2005 and a Land Pooling Policy in 2017 to facilitate business operations.
• HSIIDC acts as the nodal agency for implementing the Land Pooling Policy and the labour policy, making it easier to do business in Haryana.
• Haryana Financial Corporation, another state-owned agency, provides financial assistance for setting up new industrial units and expanding existing industries.
• Haryana Vishwakarma Skill University, the nation's first skills university, and other educational and training institutes contribute to the human resources needed to utilize HSIIDC's infrastructure.
• HSIIDC plays a crucial role in creating and developing industrial and infrastructure projects in Haryana.
• HSIIDC's projects contribute to the overall economic development of the state.
• HSIIDC's focus is on attracting investment and promoting industrial growth in Haryana.
• HSIIDC works closely with other government agencies, such as Haryana State Industrial Development Corporation (HSIDC), to support urban development.
• HSVP, a related government-owned agency, is responsible for urban development in Haryana.
• HSIIDC's initiatives aim to create a favorable environment for businesses and drive economic growth in the state.

Test your knowledge about Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and its role in promoting industrial development in Haryana. Learn about the agency's history, headquarters, and initiatives to facilitate ease of doing business in the state. Explore Haryana's unique labour policy and its impact on industrial growth. Take this quiz to enhance your understanding of HSIIDC and its contributions to the Indian state of Haryana.