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Haryana to Emerge as Hotspot Destination for Industrial Investments

Inclusion of Haryana's upcoming satellite towns of Sonepat and Panipat in Centre's ambitious '100 Smart Cities project' can help attract fresh investments worth about Rs 200-300 crore in the region.

Source - ET

SNP Insights:

Haryana due to its strategic location near Delhi and upcoming major projects like DFC/DMIC, KMP Express Highway, Metro rail etc., is likely to witness enhanced rate of industrialization and urbanization in the coming years. Anticipating the future tune of investments, the proposal to develop Sonepat and Panipat as smart cities, apart from proposed one's at Ambala, Faridabad and Gurgaon, seems to be justified. If the proposal materializes, Haryana will attarct greater tune of investments for development of industrial corridors.