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15/05/2018 12:29pm

Haryana CM signs 6 MoUs with bring brands in London to attract investment in State

image Haryana CM signs 6 MoUs with bring brands in London to attract investment in State

New Delhi, May 15 (KNN) The Chief Minister Manohar Lal Khattar who led a high level delegation in London woed investors posting Haryana as preferred investment destination and signed 6 MoUs with different companies in London.

Minister during his visit to London, showcased the vast potential and investment opportunities the state posses in different fields at various meetings and encouraged the investors to  come and invest in Haryana.

Leading the charge, the Chief Minister not only unveiled the vast opportunities Haryana offered but also answered queries at the interactive session.

To bring the investment in Haryana, a detailed presentation on the investment opportunities available in Haryana in various sectors was presented by T L Satyaprakash, MD, HSIIDC.

At the interactive session, he answered queries regarding projects in Haryana, ease of doing business, start-ups, SMEs and aviation hub etc.

The delegation also had a meeting on the transport system in London where a conceptual presentation regarding implementation of a comprehensive transport system was made and discussion based on the example of London Transport System, was held.

The meeting shed light on the broader perspective for the implementation of a successful transport system for a growing city like Gurugram.

The delegation also met senior representatives of SMEs who had been selected under the Access India Programme of the UKIBC.

During the interaction, opportunities Haryana offered in various fields, including big data technology, energy efficiency, 3D printing, agro/food processing, tourism etc. were discussed.

The participants were assured that the HSIIDC would work closely with such SMEs as were keen on setting up enterprises in Haryana.

Also, the Minister signed as many as 6 MoUs with different companies in London to facilitate investments in Haryana in diverse fields, including fintech, smart cities, emerging technologies, transfer of advanced technology and setting up of an IoT Innovation Centre in Gurugram.

To promote smart technology infrastructure, the Minister signed MoU with UK Global Business Limited (UKIGB).It would include investments, transfer of technology, support services and establishing UK/European companies.

Further, the Chief Minister signed an MOU with Pontaq, a UK India Innovation Fund, focussing on Fintech, Smart Cities and Emerging Technologies.

Under this MoU, the Haryana Government would provide necessary grants, subsidies, tax breaks and infrastructure to the portfolio companies of Pontaq aiming to set up their operation in Haryana.

Other MoUs that minister signed with includes companies Xelba, Relmatech, GoodBox and ZapGo to make the Haryana a hub of Innovation and Technology.

Xelba will provide intellectual property and knowledge and hardware and software tools, along with the creation of an IoT innovation centre in Gurugram.

Relmatech Limited, a leading provider of Remote ID and Tracking Systems for unmanned aircraft systems or drones.

Under this MoU, Haryana would provide assistance of Relmatech to continue to increase development activities in the field of remote ID and tracking of unmanned aircraft systems in Haryana.

Under the MOU with GoodBox, the company will offshore a multitude of functions, including both manufacturing and services.

ZapGo Limited, developer of a new generation of fast-charging energy storage devices. Under this, ZapGo Limited would establish a manufacturing site in Haryana.


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