Haryana, Connecticut ink deal, CM woos investors in US


New York: Haryana and the US state of Connecticut have agreed to develop long-term partnership for sharing economic, social and cultural experiences.

The agreement was reached during a meeting on Tuesday between visiting Haryana Chief Minister Manohar Lal Khattar and Connecticut Governor Dannel P. Malloy in state capital Hartford, near New York.

Malloy assured Khattar that he would take up the issue of investment with Fortune 100 enterprises, 17 of which are located in Connecticut, according to a Haryana government media release.

Malloy accepted Khattar’s invitation to visit Haryana. He will be visiting Haryana early next year to scout for investment opportunities in the auto and precision engineering sector.

Dannel P. Malloy

Earlier, Khattar and Haryana Industries and Commerce Minister Abhimanyu met seven prospective investors in New York to discuss the possibility of investment in projects and joint ventures in the power and renewable energy sectors, the release said.

Clutch Group founder and CEO Abhi Shah accepted Khattar’s request to start a power project in Haryana and make investment on the pattern of Gujarat, for providing modern facilities like gymnasium, and smart teaching aids.

ThermoAura Inc co-founder and president Rutvik J. Mehta expressed his intention to enter into a joint venture for establishing facilities for manufacturing solar thermal generators.

Manohar Lal Khattar

Ducon Group of Companies chairman and CEO Aron Govil, who was born in Hisar in Haryana, evinced keen interest in setting up a 100 MW solar power plant in the state.

KPM Assets Alliance managing director Maheshwar Saladi expressed desire to bring a delegation of investors from the US for exploring possible avenues for investment in different sectors in Haryana.

New Silk Route CEO and Vedanta Capital co-founder Parag Saxena discussed issues relating to the deepening of the bond market for financing infrastructural projects.

The Haryana government also signed an MoU with Carrier Airconditioning and Refrigeration Limited, a unit of United Technologies Corporation at Pratt and Whitney Plant, for setting up an additional plant for manufacturing air-conditioning devices in Gurgaon.

The MoU was signed in the presence of Khattar and Abhimanyu at Hartford.

The proposed manufacturing facility in Gurgaon will provide employment to more than 2,000 people besides bringing in investment worth $50 million.