Haryana targets 70 pc conversion of investment MoUs into projects

Chandigarh, Nov 12 (UNI) The Haryana government has set a target of converting at least 70 per cent of investment agreements signed under its new industrial policy into operational projects, with work already initiated on proposals involving more than Rs 1.05 lakh crore, Industries and Commerce Minister Rao Narbir Singh said on Thursday. The state has signed 123 memorandums of understanding (MoUs) involving proposed investments of Rs 2.37 lakh crore, besides additional agreements worth Rs 9,600 crore, following investor roadshows and the launch of its new industrial policy in June. Reviewing the progress of investment proposals at a meeting with…