KARNAL — Chief Minister Nayab Singh Saini inaugurated a landmark industrial policy during a special state event in Karnal.
Specifically, the government launched the Haryana Progressive MSME Policy 2026 to accelerate long-term economic growth.
The grand launch coincides with the state completing 60 glorious years of industrial development.
Consequently, state leaders dedicated sixty transformative initiatives to support over fifteen lakh small enterprises.
Speaking to local entrepreneurs, Chief Minister Saini highlighted the state’s remarkable journey as a leading manufacturing hub.
Furthermore, he emphasized that Haryana is now entering its seventh decade of economic progress.
The ambitious scheme aims to attract over fifty-five thousand crore rupees in fresh manufacturing investment.
Additionally, state officials project the creation of five lakh new jobs across diverse industrial sectors by 2031.
Moreover, the state plans to double its total export volume within the next five years.
Vidhan Sabha Speaker Harvinder Kalyan and Industry Minister Rao Narbir Singh also attended the official ceremony.
Therefore, local business communities warmly welcomed the comprehensive framework for long-term industrial modernization.
Also Read : Nayab Singh Saini Army Chief Meeting: Haryana CM Hosts General Dhiraj Seth in Chandigarh
Institutional Reforms and Financial Assistance Under New Framework
Crucially, the government established a dedicated MSME Directorate to provide streamlined administrative support.
This institutional body will simplify statutory clearances and oversee regional industrial development.
Furthermore, the flagship Haryana Udyam Vikas Mission offers substantial capital subsidies to priority sectors.
Eligible enterprises will receive interest relief, stamp duty reimbursements, and employment generation grants.
Additionally, the state introduced a specialized State Venture Capital Fund to facilitate early-stage startup investments.
A dedicated Sectoral Credit Guarantee Fund will also assist small units in securing collateral-free bank loans.
Consequently, local entrepreneurs can establish and expand manufacturing operations with greater financial confidence.
Besides financial aid, the state is building future-ready plug-and-play industrial estates across multiple districts.
These modern estates will feature Common Facility Centres to reduce operational costs for small businesses.
Moreover, an MSME Right to Business mechanism guarantees faster operational approvals for new units.
Therefore, the Haryana Progressive MSME Policy 2026 creates a highly competitive environment for modern manufacturing.
Indeed, business leaders praised these institutional steps as crucial for boosting local competitiveness.
Expanding Global Market Footprint and Artificial Intelligence Integration
Meanwhile, expanding international trade footprint forms a core pillar of the new industrial roadmap.
To achieve global reach, the government increased export freight subsidies up to thirty lakh rupees annually per unit.
Furthermore, first-time exporters will receive specialized guidance under the Mukhya Mantri Pratham Niryatak Protsahan Yojana.
A centralized Haryana Niryat Centre will handle export documentation, international compliance, and logistics intelligence.
Additionally, the newly proposed Udaan Dwaar portal will connect top exporters directly with international buyers.
The state will also subsidize global quality certifications, e-commerce onboarding, and trade fair participation.
Consequently, small enterprises can transition seamlessly into global supply chains.
In tandem with trade support, Chief Minister Saini launched an AI-powered assistant named Haryana Udyog Saathi.
This multilingual digital tool provides immediate guidance on incentives in Hindi, English, Punjabi, and Haryanvi.
Entrepreneurs can easily verify scheme eligibility and application procedures through simple voice commands.
Therefore, the Haryana Progressive MSME Policy 2026 integrates modern technology to simplify industrial governance.
Sustainable Manufacturing and Long-Term Economic Vision
Importantly, environmental sustainability remains a key highlight of the newly launched industrial vision.
The state established a Green Investment Fund to encourage eco-friendly production methods across industrial clusters.
Furthermore, units adopting renewable energy, circular economy practices, and automation will receive financial incentives.
Chief Minister Saini reiterated that industrial development must spread across every district, not just major cities.
Consequently, rural and semi-urban regions will witness accelerated infrastructure development and local job creation.
Industry Minister Rao Narbir Singh urged entrepreneurs to maintain high product quality for international markets.
Additionally, Principal Secretary Dr. Amit Agrawal assured prompt release of incentive payments to eligible units.
Delayed payments will accrue eight percent annual interest, ensuring complete government accountability.
Ultimately, this comprehensive policy positions Haryana as a premier destination for sustainable global manufacturing.
Thus, the Haryana Progressive MSME Policy 2026 paves the way toward achieving national economic goals.
Key Highlights of the Haryana Progressive MSME Policy 2026
The table below summarizes the key targets, initiatives, and institutional reforms introduced under the new policy framework:
| Policy Target / Metric | Proposed Initiative & Mechanism | Expected Economic Outcome |
| Manufacturing Investment | Dedicated Haryana Udyam Vikas Mission subsidies | Target ₹55,000+ crore investment |
| Employment Generation | Capital & interest subsidies for new units | Creation of over 5 lakh new jobs by 2031 |
| Export Growth Target | Tripled freight subsidy to ₹30 lakh per unit | Double state exports by 2031 |
| Institutional Governance | Creation of dedicated MSME Directorate | Single-window faster approvals |
| AI Digital Governance | Haryana Udyog Saathi multilingual assistant | Instant guidance in 5 regional languages |
| Green Growth Focus | Dedicated Green Investment Fund allocation | Adoption of clean energy & circular economy |