Once one of the most sought-after investment destinations, particularly for skill-driven manufacturing sectors like automobiles, Haryana seems have lost some of its sheen with its share of new investment projects in the country tripping to a six-year low of 1.06% in 2022-23, down sharply from almost 3% in the year before.
Even as total investment outlays announced in the State fell 30% last year to ₹39,000-odd crore from nearly ₹56,000 crore in 2021-22, pushing it from the ninth-best State in terms of new investment projects to the 13th rank in 2022-23, manufacturing investments declined 60% to just about ₹9,500 crore.
