Social Sciences, asked by samsheethreddy, 3 months ago

Location of two major industries of Haryana

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Answered by yugrocking
1

Answer:

Haryana is among the northern most state in India and adjacent to Delhi, the national capital of India. It is surrounded by Uttar Pradesh in the east, Punjab in the west, Himachal Pradesh in the north, and Rajasthan in the south. The state surrounds the national capital city, New Delhi, from three sides. Historically an agrarian state, Haryana today is a well-developed industrial state.

The state is one of India's largest automobile hubs and accounts for two-thirds passenger cars, 50% tractors and 60% motorcycles manufactured in the country. The state has also emerged as a base for the knowledge industry, including IT and biotechnology. Haryana is the third-largest exporter of software and one of the preferred destinations for IT/ITeS facilities.

With an area covering 1.3% of the country, Haryana contributed near 3.63% to India’s GDP in 2018-19. Between FY16-21, the state’s Gross State Domestic Product (GSDP) increased at a CAGR of 13.65% to Rs. 9.40 trillion (US$ 134.46 billion) in 2020-21.

The State Government of Haryana has been committed to creating a progressive business environment. The state offers a wide range of fiscal and policy incentives for businesses under the Industrial and Investment Policy, 2011. Haryana ranked the third best state in the country under ease of doing business in the Business Reforms Action Plan 2017. As of November 2019, the state had seven exporting Special Economic Zones (SEZs).

Recent Developments:

Merchandise export from Haryana reached US$ 12.06 billion in FY20 and recorded US$ 2.84 billion in FY21 (until August 2020).

The state* attracted Foreign Direct Investment (FDI) equity inflow worth US$ 90.2 billion between April 2000 and March 2020, as per data released by the Department for Promotion of Industry and Internal Trade (DPIIT).

Key Sectors:

Krishi Kiosk online service for farmers was launched in June 2019 to provide information about Government’s current and upcoming schemes, and also help them to file claim under Pradhan Mantri Fasal Yojana.

Haryana is a preferred destination for auto majors and auto component manufacturers. The state is host to many large automotive players. Automobiles and auto component export from Haryana was about US$ 945 million in FY19 and reached US$ 835.04 million between April and December 2019.

Gurgaon has emerged as a preferred destination for the IT industry in north India with more than 400 IT and ITeS companies.

Haryana aggressively promotes organic farming; financial assistance is provided to farmers for production and use of vermicompost. Total food grain production in Haryana in 2017-18 was 17.48 million tonnes. The state exported major agricultural products worth US$ 1,366.95 million in 2018-19 and US$ 807.76 million between April and December 2019.

Districts such as Panipat, Gurugram, Faridabad, Hisar, and Sonepat have developed into robust textiles center in Haryana. Readymade garments of cotton have been one of the major export segments for Haryana, reaching US$ 607.52 million in FY19 and US$ 567.37 million between April and December 2019.

*Includes Delhi, part of Uttar Pradesh, (A) - Advance estimates

HOPE THIS IS HELPFULL

Answered by Anonymous
1

Answer:

Key Industries:Automotive, agro-based industry, IT and ITeS, textiles, oil refining, biotechnology and petrochemicals.

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