Haryana’s recently unveiled ambitious “Make in Haryana Industrial Policy 2026" aims to usher in an MNC revolution 2.0 for NCR districts, Gurugram and Faridabad.
The policy, according to the Industries and Commerce Department, is a strategic framework designed to trigger a second wave of multinational corporation (MNC) investment and cement the state’s status as a global manufacturing powerhouse.
According to the department, beyond attracting large-scale manufacturing, the policy fosters an environment where innovation thrives.
It promotes the establishment of standalone R&D centers, Centres of Excellence and the adoption of frontier technologies like AI, blockchain, IoT, and 5G.
This creates a symbiotic relationship: startups gain access to global supply chains and innovation infrastructure, while MNCs benefit from a future-ready, skilled talent pool and a collaborative ecosystem.
The policy, according to senior officials, reflects a fundamental shift in how the state engages with global capital.
“Haryana believes in progression. We are not just attracting investment; we are building long-term growth partnerships. The state plans to secure significantly more MNC investment and repeat the original Gurugram revolution by meticulously improvising the ease of establishment and execution for top companies," said Dr. Amit Kumar Agrawal, Commissioner & Secretary, Industries & Commerce Department.
Interestingly, while the policy aims to replicate the Gurugram revolution, it will not be confined or pivoted around the millennium city.
The state is working on harnessing the potential of NCR districts like Faridabad and Sonepat in ushering in an MNC revolution to transform the current industrial landscape of the districts.
With a target to attract Rs 5 lakh crore in investments and generate 10 lakh jobs over the next five years, the policy shifts the government’s role from a traditional regulator to a proactive industrial facilitator.
The new policy is engineered to strengthen the state’s entire industrial ecosystem, bridging the gap between innovative startups and massive global conglomerates.
Rather than relying solely on traditional subsidies, Haryana is prioritizing a cost-plus-speed model. By reducing the cost of doing business, accelerating project approvals, and deploying an AI-backed single-window portal, the state is actively removing the bureaucratic hurdles that often deter international investors.
To attract global players, the 2026 policy introduces a robust, performance-linked incentive structure. Investors can leverage 10 key fiscal levers, including Net SGST Reimbursement, Capital Investment Subsidies, and specialised support for “Ultra Mega Projects," which receive infrastructure assistance right up to their plot boundaries.
Furthermore, the state is offering a unique “no-questions-asked" 50% top-up on fiscal benefits already provided by the government of India, such as the Production Linked Incentive (PLI) schemes.
