Haryana signs ₹12,000 crore MoUs in Gujarat, eyes April 2027 global summit
Synopsis
Key Takeaways
Haryana signed memorandums of understanding (MoUs) worth approximately ₹12,000 crore in proposed investments on Tuesday, 27 October 2026, during the first day of a high-level state delegation's visit to Gujarat. The agreements cover defence textiles, renewable energy, industrial machinery and waste-to-energy projects, as the state ramps up investor outreach ahead of its flagship 'Happening Haryana Global Summit' scheduled for April 2027.
Sector-wise Investment Breakdown
The largest single commitment is ₹5,000 crore earmarked for defence textiles, reflecting growing strategic demand in the sector. Technical textiles attracted a further ₹2,000 crore, while industrial machinery secured ₹500 crore in proposed investment.
The waste-to-energy segment drew the second-largest pledge at ₹4,000 crore, underscoring investor interest in Haryana's green infrastructure push. Solar energy and cosmetics manufacturing together accounted for ₹400 crore in additional commitments.
What the Delegation Discussed
The Gujarat visit was led by Haryana Chief Minister Nayab Singh Saini, who held one-on-one meetings with founders, managing directors and chief executive officers of several companies. Discussions centred on expanding existing operations in Haryana, establishing new industrial units and evaluating fresh investment proposals.
Industries and Commerce Minister Rao Narbir Singh also participated in the meetings. The delegation highlighted Haryana's single-window clearance system, investment promotion schemes and plug-and-play industrial facilities as key differentiators for prospective investors.
What the Chief Minister Said
'Haryana is working to improve the ease of doing business and provide a favourable environment for industrial development. The government aims to offer investors a combination of supportive policies, industrial infrastructure, connectivity and essential facilities, while simplifying procedures and ensuring time-bound approvals,' Chief Minister Saini said.
Saini stressed better inter-departmental coordination to reduce procedural hurdles and pledged that industry feedback would be incorporated into policy and procedural improvements. He described Tuesday's MoUs as steps toward expanding industrial activity, developing ancillary industries and fostering new business partnerships.
Build-up to the Global Summit
The Gujarat visit is part of a broader pre-summit investor engagement drive. Saini formally invited industrialists and investors present at the meetings to attend the 'Happening Haryana Global Summit' in April 2027. The state government has been conducting similar outreach rounds to build a credible pipeline of investment commitments before the summit. The MoUs, if converted into on-ground projects, could generate employment, strengthen the local economy and expand Haryana's overall industrial capacity.
Notably, defence textiles — the largest commitment in this tranche — aligns with the Centre's push to indigenise defence supply chains, giving Haryana a potential edge in attracting anchor investments in the segment.