The India-UK Comprehensive Economic and Trade Agreement (CETA) will open new opportunities in the United Kingdom market for Haryana’s textile, footwear, gems and jewellery and engineering sectors, chief minister Nayab Singh Saini said on Monday.
Saini said the state government aims to attract ₹ 5 lakh crore in fresh investment and create more than one million jobs by 2030-31. It has introduced 10 sector-specific policies covering semiconductors, electronics, artificial intelligence, data centres, medical devices, automobiles, electric vehicles, agribusiness and global capability centres. He said 110 MoUs involving ₹ 1.10 lakh crore, including ₹ 24,350 crore in foreign investment, had been signed on the first day of the policies’ launch. CM Saini further said more than 1.5 million MSMEs had been formally registered since February 2019. The Haryana Progressive MSME and Export Promotion Policy-2026 targets over ₹ 55,000 crore in investment, more than five lakh jobs and a doubling of exports. Meanwhile, Pawan Chaudhary, adviser to the chief minister in the Department of Foreign Cooperation, said Haryana’s exports rose from around $12 billion in 2019-20 to $19 billion in 2025-26. He said the state had 12,271 registered startups, with more than 11,500 recognised under the Department for Promotion of Industry and Internal Trade (DPIIT) and Startup India.
He said Haryana had set a target of contributing $1 trillion to the Indian economy by 2047 and announced that the “Happening Haryana Global Investors Summit-2027” would be held from April 5 to 7 next year. Saini said the 2016 investors’ summit received investment proposals worth ₹ 6.41 lakh crore, while “Happening Haryana 2.0”, launched in Mumbai on August 23 and 24, resulted in MoUs worth more than ₹ 66,000 crore with 17 companies. Meanwhile, industry and commerce minister Rao Narbir Singh said the Haryana-UK Trade Bridge would strengthen cooperation in trade, investment and education and invited UK companies to “come to Haryana, invest in Haryana, partner with Haryana”. British Deputy High Commissioner to Chandigarh Alba Smeriglio said CETA could deepen cooperation in trade, investment, innovation and education.
