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Macroeconomic indicators - Haryana post higher growth over country GDP
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Monday, 08 Aug 2011
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According to a CII report, led by stupendous performance of services sector, Haryana has been able to post higher growth over the country's GDP growth during 2004-05 till 2009-10.

Sharing the details of the report, Mr Malvinder Mohan Singh deputy chairman of CII Northern Region said that during the period 2004-05 to 2009-10, the state's economy grew at an annual rate of 9.7% much higher than the rate of growth of Indian economy at 8.6%.

Mr Mohan said that "This growth has been led by mainly the services sector, which grew at 13.5%.”

He added that contributing only 4.41% of the country's industrial output, the state's manufacturing potential is yet to be fully realised. The new progressive Industrial Policy of the state coupled with its focus on infrastructure, is expected to help Haryana emerge as one of the leading investment destinations in the country.

(Sourced from FE)

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