Nayab Singh Saini pitches Haryana to Singapore firms as ₹5,500 crore proposals emerge | File Image
Nayab Singh Saini pitches Haryana to Singapore firms as ₹5,500 crore proposals emerge | File Image

CM Nayab Singh Saini’s Singapore visit draws ₹5,500 crore investment proposals for Haryana

Haryana targets Singapore investment in semiconductors, green energy and infrastructure

Haryana Chief Minister Nayab Singh Saini’s three-day Singapore visit concluded on Tuesday with companies and institutions agreeing to sign Memoranda of Understanding (MoUs) for investment proposals worth approximately ₹5,500 crore in the state.

According to the Haryana government, the proposed investments include ₹3,000 crore in the health and wellness sector, ₹1,500 crore in water treatment and management, and ₹1,000 crore in education and skill development. The proposals are expected to strengthen healthcare, water management, education and skill-training infrastructure while creating employment opportunities.

Saini also met Singapore’s Foreign Minister Vivian Balakrishnan on Tuesday and discussed several areas of cooperation between Haryana and Singapore, including education, skill development, water management, urban development, technological innovation and employment opportunities for young people.

Haryana pitches itself as north India’s investment gateway

The investment proposals came as Saini stepped up his pitch to Singaporean businesses, urging them to explore opportunities in semiconductors, green energy, warehousing and infrastructure.

On the third day of his Singapore visit, Saini attended a round-table conference organised under the Singapore Business Forum. He held discussions with representatives of more than a dozen Singaporean companies, office-bearers of the Singapore Business Federation, industry representatives, investors and business leaders on investment opportunities across various sectors.

The chief minister said Haryana wanted to use Singaporean cooperation to expand investment and technology partnerships, while positioning the state as one of north India’s most trusted and modern business destinations.

Besides Gurugram, the government plans to develop Panchkula, Karnal, Hisar, Sonepat and Rohtak as the next growth centres for global capability centres (GCCs) and technology-led businesses.

Saini said Singapore and Haryana may be geographically distinct, but their priorities and thinking are closely aligned. While Singapore has emerged as a hub of innovation, efficiency and global connectivity, Haryana has strengths in enterprise, manufacturing and market access.

“The convergence of these capabilities can take the economic partnership to new heights,” he said.

Focus on semiconductors, electronics and advanced manufacturing

Saini identified electronics and semiconductor manufacturing as a key area for future investment, noting that India’s ecosystem in the sector is expanding rapidly.

He said Haryana’s strategic location, industrial infrastructure, automobile and engineering base, and proximity to the National Capital Region make it a natural destination for the sector. He invited Singaporean companies to explore Haryana for manufacturing, components, supply chains, research and technology partnerships.

During the wider investment outreach in Singapore, Haryana also highlighted opportunities in emerging sectors including artificial intelligence, medical devices, electric vehicles and urban infrastructure. The state has said more than 100 MoUs have been signed to strengthen investment in several such sectors.

Saini has also held discussions with companies on data centres, defence-related investment around Hisar, infrastructure, housing projects and the adoption of new technologies.

Green energy and logistics form another part of the pitch

The chief minister underlined the potential for cooperation in green energy and sustainability, saying Singaporean companies have world-class experience in sustainable development and green growth.

He said Haryana has significant potential in renewable energy, green manufacturing, energy efficiency, waste management and the circular economy.

“By combining Singapore’s technology and expertise with Haryana’s industrial strength and market demand, new and successful models of green industrial development can be developed,” Saini said.

He also highlighted Haryana’s connectivity with major markets across India, pointing to its industrial estates, expressways, highways, dedicated freight connectivity and modern logistics infrastructure.

“Haryana has a strong network of industrial estates, expressways, highways, dedicated freight connectivity and modern logistics infrastructure. Therefore, for any company seeking to establish a manufacturing unit, distribution centre or supply chain base in north India, Haryana offers a strong, capable and future-ready platform,” he said.

Saini promises time-bound implementation

Saini told investors that while companies should bring opportunities and technology to Haryana, facilitating investments and ensuring time-bound implementation would be the state government’s responsibility.

He said his team would provide support based on investors’ specific requirements related to land, approvals, infrastructure, talent and policy support.

The chief minister personally assured Singaporean investors that they would experience speed in decision-making, reliability in implementation and confidence in governance in Haryana.

He said Singaporean companies already have a strong presence in India across technology, infrastructure, manufacturing, logistics and financial services. The objective now, he said, was to take that relationship forward in Haryana and north India through new investments, technology partnerships and shared growth.

“I have not come merely to showcase Haryana’s strengths, but to make Singaporean companies partners in a future in which Haryana will be among north India’s most trusted, modern and rapidly growing business destinations,” Saini said.

He added that Gurugram is already one of India’s leading corporate and technology hubs, while Haryana as a whole offers access to multiple locations, strong connectivity, a skilled workforce and the vast talent pool of north India.

The state government had earlier said the Singapore outreach would focus on areas including logistics, semiconductors, advanced manufacturing, agro and food processing, GCCs, aviation and education.

Saini has also said Haryana wants to move beyond a conventional government-to-government relationship with Singapore towards business-to-business partnerships, technology ecosystems and concrete project delivery.

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