Speaking after inaugurating Samsung Telecommunications mobile phone project at industrial model township in Manesar on Tuesday, Hooda said that as a result of the effective steps taken by his government to strengthen the infrastructure for development during one year, investment proposals of about Rs 1000 crore (Rs 10 billion) have been received.
Also, eleven special economic zones were being set up with the approval of the central government, he said. Hooda assured the officers of the Samsung company that the state government would provide all its assistance in case they decided to expand their unit in Haryana.
He said that 3177 acres of area of IMT Manesar was being developed in four phases and out of it 600 acres of land has already been allotted to Maruti Udyog Limited for setting up of its diesel engine unit.
About 900 acres of land was being acquired in view of the growing demand of the entrepreneurs. A technology park was being set up by Haryana State Industrial Development Corporation over an area of 140 acres, which would provide direct employment to about 12,000 trained youth and an equal number would get employment indirectly.
He said that he had been to Samsung Electronics and its research and development centre in Korea to see for himself the products being made there.
He said during his meeting with Samsung president K T Lee in Korea the latter had said that their project in Manesar would have production unit like the one in China.
Samsung Telecommunications' mobile phone project would produce about 10 lakh phones every year and their number would be doubled by 2010. During this year the company would invest about $15 million.
Initially most of the hardware would be imported but later on the hardware units would come up in India, a company official said.
Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Discussion Group.
© 2025