Haryana State Industrial and Infrastructure Development Corporation
HSIIDC Industrial Park on NH 11
|State agency overview|
|Formed||8 March 1967|
|Jurisdiction||Government of Haryana|
C-13-14, Sector 6, Panchkula, Haryana, India|
30°42′22″N 76°51′14″E / 30.706103°N 76.853988°ECoordinates: 30°42′22″N 76°51′14″E / 30.706103°N 76.853988°E
|Parent department||Department of Industries & Commerce, Haryana|
Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) (est. 8 March 1967), formerly Haryana State Industrial Development Corporation (HSIDC), headquartered at Panchkula, is a 100% state owned agency of the Government of Haryana in the Indian state of Haryana. For ease of doing business, Haryana is the first state in India to introduce a Labour Policy in 2005 and Land Pooling Policy in 2017, for which HSIIDC acts as the nodal agency. Haryana Financial Corporation provides financial assistance for setting up new industrial units and for the expansion and diversification of the existing industries. Various universities, educational and training institutes, including the nation's first skills university Haryana Vishwakarma Skill University, provide the human resources to capitalise on the infrastructure created by the HSIIDC.
Haryana State Industrial Development Corporation (HSIDC), was formed on 8 March 1967 by the Department of Industries & Commerce, Haryana to promote medium and large industries for rapid industrialisation. HSIDC was renamed to the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) in 2005.
HSIIDC was formed to develop integrated industrial, commercial, special economic zones (SEZ)s, technology parks, Integrated Multimodal Logistics Hubs, road, rail, sports and public infrastructure in the state of Haryana in joint venture or public–private partnership. HSIIDC develops the basic infrastructure facilities such as internal roads, water supply, external electrification and affluent disposal system and then allots the industrial plots. Area in Haryana with the have well-developed infrastructure have easier access to markets for raw materials and finished products, credit, skilled labour, etc., hence HSIIDC has formed several subsidiaries to develop infrastructure in various sectors across the state.
Branches and industrial estates
- Gurugram branch
- Rai branch
- Rai Industrial estate
- Technology Park branch
Land Pooling Policy
Haryana Land Pooling Policy (HLPP), approved in January 2018, is used by the HSVP for acquiring land from the landlords for developing residential sectors. Landlords join the scheme voluntarily and at least 70% landowners must agree to pool their contiguous land, who receive INR50,000 per acre per year till the land is developed. After the land is developed, the landlords also will receive 33% of the developed residential plots in proportion to the land contributed by them to the pool, 33% will be sold by HSVP, 33% will be used for developing services such as roads and parks.
- 2000, National Capital Region Directory, Page 472.
- 1981, P.U. Management Review, Volume 4, Page 56.
- 2009, India Today, Volume 34, Issues 27-35, Page 126.
- Hooda unveils Haryana's Industrial Policy , The Hindu, 7 Jun 2005.
- Ajmer Singh Malik, 1995, Concept and Strategy of Rural Industrial Development, Page 75.
- HUDA renamed as Haryana Shehri Vikas Pradhikaran, Housing.com, 5 June 2017.
- B. S. Bhatia, G. S. Batra, 1996, Accountability of public enterprises, Page 55.
- B. S. Bhatia, G. S. Batra, 1996, Accountability of public enterprises, Page 75.
- 2006, India Today International, Volume 5, Issues 1-12, Page 78.
- 2010, Lok Sabha Debates, Lok Sabha, Page 59.
- Suneel Sehgal, 2000, Incentives for industrial development by central & state governments, Punjab, Haryana & Delhi Chamber of Commerce and Industry.
- S. C. Bhatt, Gopal K. Bhargava, 2006, Land and People of Indian States and Union Territories: In 36 Volumes, Vol 9, page 179.
- About HSIIDC branches.
- HSIIDC branches and estates.
- Now on, HUDA to go in for land-pooling, The Tribune (India), 4 jan 2018.