Overview
Haryana, one of India’s most industrially advanced states, recorded a Gross State Domestic Product (GSDP) of ₹10.2 lakh crore in 2023–24, with a growth rate of 8.1%. The per capita income stands at ₹3,12,000, one of the highest in India. The state’s economy is driven by automobile manufacturing, IT & technology, agriculture, and real estate. Its strategic location near Delhi-NCR makes it a key hub for logistics, industrial growth, and corporate investments.
Why Invest in Haryana
- Industrial Powerhouse: Leading in automobile, manufacturing, and IT sectors.
- Delhi-NCR Advantage: Proximity to the capital ensures high infrastructure development and investment opportunities.
- Agricultural Strength: Among India's top producers of wheat, rice, and dairy products.
- Logistics & Warehousing Hub: Presence of Inland Container Depots (ICDs), NH corridors, and large industrial parks.
- Strong FDI Inflows: Haryana consistently ranks among the top states in foreign direct investment (FDI).
Incentives & Schemes
- Haryana Enterprise Promotion Policy (HEPP): Incentives for industries in auto, textiles, and IT.
- Mega Projects & SEZs: Tax benefits, subsidies, and infrastructure support for large-scale investments.
- Agriculture & Food Processing: Special subsidies for agri-based industries and food processing units.
- Startup & IT Incentives: Financial aid, tax rebates, and incubation support for tech startups.
Key Economic Data: Haryana
| Category |
Details |
| Capital |
Chandigarh |
| GSDP (2023–24) |
₹10.2 lakh crore |
| Growth Rate |
8.1% |
| Per Capita Income |
₹3,12,000 |
| Top Sectors |
Automobile, IT, Agriculture, Real Estate, Manufacturing |
| FDI Share in India |
6.8% |
| Top FDI Sources |
USA, Japan, Germany, South Korea |
| Cumulative FDI (FY 2024) |
₹1.2 lakh crore |
| Policy Impact |
Focus on industrial growth, IT, and logistics |
| Recent FDI |
₹32,500 crore (2022–23) |
Latest Insights
- Haryana attracted ₹1.2 lakh crore in cumulative FDI by Q1 FY2024, with major investments in automobile, IT, and logistics.
- The Gurugram IT corridor continues to expand, attracting multinational companies and startups.
- Increased focus on EV manufacturing and renewable energy projects.
- Government policies are boosting logistics, warehousing, and real estate investments along major highways.
