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Business
Haryana inks Rs 4,000‑crore MoUs with Swedish firms to boost industry
✍️ DD India
🗓 17 Oct 2026, 03:32 AM
👁 41
The Haryana government has signed letters of intent worth Rs 4,000 crore with several Swedish companies, aiming to attract investment in manufacturing and technology.
The state of Haryana announced that it has entered into letters of intent totaling Rs 4,000 crore with a group of Swedish enterprises. The agreements were formalised as part of a concerted effort to draw foreign investment into the region.
The MoUs are expected to cover a range of sectors, notably manufacturing and technology, and are intended to create new production capacities and modernise existing facilities. Both sides highlighted the potential for knowledge transfer and the introduction of advanced Swedish expertise.
State officials indicated that the partnership could generate substantial foreign direct investment and open up employment opportunities for the local workforce, reinforcing Haryana's status as a leading industrial hub in northern India.
The MoUs are expected to cover a range of sectors, notably manufacturing and technology, and are intended to create new production capacities and modernise existing facilities. Both sides highlighted the potential for knowledge transfer and the introduction of advanced Swedish expertise.
State officials indicated that the partnership could generate substantial foreign direct investment and open up employment opportunities for the local workforce, reinforcing Haryana's status as a leading industrial hub in northern India.