As an economically fast gowing state, Haryana has got cities like Gurgaon which act as its revenue center and sell the country to the world. Just about a week ago, the second highest political figure in the government expressed the same attitude about the rapid construction of this city and the increase of its population relates to the increase in the number of opportunities. The recent announcement of the Haryana State Industrial and Infrastructure Development Corporation has to acknowledge that they intend to invest Rs 15 billion in infrastructural development as a major step forward in the growth path of the state.
Is The Government Serious About Its Infrastructure Development Agenda?
The government’s large investment is yet another confirmation of its strategic decision to improve the landscape of infrastructure in Haryana. This is expected to have profound effects on the state’s economic and overall growth. It begins with the understanding that infrastructure is a prerequisite for economic growth and foreign investment. This is particularly the case for Haryana, given its strategic position in northern India and the growing industrial base there, which in turn increases the commercial prospects of Gurgaon. It also highlights the seriousness with which the government views the infrastructure deficit and seeks to create a base for sustainable growth.
Improving The Connectivity
Improving transportation networks is one of the main purposes for which the funds were allocated, as good transportation infrastructure is necessary for the easy movement of people and goods, reducing logistical constraints and improving linkages. Investments in road and rail connectivity and logistics centers can greatly strengthen Haryana’s status as a business location and stimulate business activities throughout the region.
Gurgaon: A City Where the World Comes to Invest
Gurgaon is looking for good returns since its investors come from various parts of the world. The state of haryana enjoys a strong industrial base which includes manufacturing, it, automotive and agriculture. But haryana has in the past suffered quite a lot due to poorly developed infrastructure; this has hampered businesses in various ways, including logistics and connectivity. The Government is investing in infrastructure with the hopes of creating a conducive environment to industriesFor investments to be attracted and employment opportunities created.
Vision for the Growth of the City and its Environs
eynner understand that the HSIIDC is constructing a Global City at the center of Gurgaon and also has plans to develop and extend urban corridors at the Eastern and Western peripheral corridors as the Panchgaon Development Authority has already in place. Real estate Promoter Signature Global is hoping for a positive glow to the towns development with the HSIIDC with the understanding that infrastructure is the current driving force of the towns growth. Given the pace at which infrastructural development in roads, highways and rail and metro systems is being developed in Gurgaon, the city has outpaced several others in the country. This is one reason why people everywhere want to live and invest in properties in what is quickly becoming a dream location.
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