India-UK trade pact to open new markets for Hry: Saini
Gurugram, Sept. 15 -- 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 Monday.
Addressing the "Haryana-UK CETA Trade Bridge: Unlocking Global Opportunities for Haryana" programme organised with the UK High Commission at Gurugram University, Saini said CETA would connect Haryana's youth, farmers, micro, small and medium enterprises and startups with global investors and new technologies.
Saini said the state government aims to attract Rs.5 lakh crore in fresh investment and create more than one million jobs by 2030-31. The state 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 Rs.1.10 lakh crore, including Rs.24,350 crore in foreign investment, had been signed on the first day of the policies' launch. Saini said Haryana aims to contribute $1 trillion to the Indian economy by 2047 and announced the "Happening Haryana Global Investors Summit-2027" from April 5 to 7 next year.
Industry and commerce minister Rao Narbir Singh said the Haryana-UK Trade Bridge would strengthen cooperation 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. Pawan Chaudhary said exports rose from around $12 billion in 2019-20 to $19 billion in 2025-26....
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