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Haryana has the 2nd highest per capita income in the country.Haryana is the first in the country in providing electricity, potable water and connecting villages with all weathered roads.Haryana is the largest producer of passenger cars in the country.Haryana is the largest exporter of Basmati rice.Haryana is the largest exporter of Handloom Products.Haryana is one among the largest exporters of Readymade garments.Haryana is one among the largest producers of Tractors / Bicycles / Sanitary-wares.Gurgaon in Haryana occupies third position in Software export.Panipat in Haryana is the biggest centre producing shoddy yarn and blankets.Haryana has 1330 Large & Medium industries & about 75,000 Small-Scale industries in the state.Export from Haryana has crossed Rs. 30,000 crore in the year 2006-07.Haryana has excellent rail and road network / Communication network.Excellent law and order/industrial infrastructure/intellectual manpower/peaceful labour & responsive administration.In Haryana, implementation of Industrial Entrepreneue Memoranda and Letters of Intent issued by Government of India for setting up Large and Medium industry is the highest in the country.
Haryana Industry Portal > Business Planner > Sources of Funds

SOURCES OF FUNDS

HSIDC and HFC are the leading State level financial institutions engaged in funding enterprises. Generally, they lend for a medium term to long term basis i.e. from 4 to 7 years. These loans are generally be on term basis for acquiring capital investments, such as acquisition of land, construction of building and new machinery or setting up a new plant, etc. Apart from this loans for for short term periods for working capital requirements are also available. Lending is generally done against hypothecation of the assets of the enterprises. Besides, personal guarantee of the entrepreneur is also taken so that recourse may be had to him in case of default by the enterprise.

Loans are also available from IDBI, ICICI, SIDBI and BANKS as per the viability of projects. Banks generally lend on a short to medium term basis i.e from 6 months to 3 years for working capital purposes.