Development of industries in a country not only benefits its economy but also improves its citizens lives by increasing employment opportunities and raising their consumption standards. There are a number of factors that play a significant role in making a region conducive for the industry. These range from educated and skilled labour to favourable policies for setting up different businesses. Haryana, in the past decade, has tried to gather investments for medium and large scale industries. The state received industrial investments of more than INR 32,000 crore between March 2005 and April 2014. What can clearly be noticed is the lack of clear utilisation and channeling of these funds for development.
According to a research report, Haryana has the advantage of being close to the national capital, a part of its state is also included in the National Capital Region, i.e. Gurgaon, and it already possesses decent infrastructure for sectors like information technology, automotive, and textile industries. Lack of strong initiatives for growing the education and research and development sectors can pull the state away from the growth path, if it does not enable a better environment for the industries.
A conducive industrial set up can only be achieved if a region has continued supply of raw materials and skilled manpower, stable government, financial backing, and good public infrastructure. With about 86% arable land area in the state and almost 96% of it being used for agriculture, Haryana is a good place for supplying raw materials for various agro-based and textile industries. It also has an abundance of skilled manpower. The problems though lie in the deteriorating public amenities.
Despite setting the tone for a viable environment for setting up industries, Haryana lacks a sustainable infrastructure. Owing to a large number of acres being allotted for industrial buildings, agricultural land in the state is reducing, which can ultimately affect crop yield. Again, with increased ground water usage and insufficient filling, the water level is declining. Even though, a lot of money is being spent on developing high yield varieties of crops and several irrigation methods have been adopted, the issue has not been mitigated yet. In addition, rapid urbanisation has put pressure on the civic infrastructure of the state. Haryana, therefore, needs to better the conditions of its roads, hospitals, water supplies, sanitation system, railways, schools and power generation capacity. It is only then that the state can become conducive for industries and have an enabling environment for the already existing ones.
Growth of industries leads to more employment opportunities, economic development and a higher living standard for the citizens. It is, therefore, imperative to maintain a sustainable environment and strong social infrastructure for the state's prosperity. The focus, therefore, should be on inclusive growth and partnership between the public and private entities, so that every level of society can benefit. In this regard the ecology should also be used in a sustainable way, so that Haryana can continue to grow and prosper towards a brighter future.