Reliance Industries’ wholly-owned arm Model Economic Township Ltd will develop an electronics manufacturing hub and footwear park at Jhajjar, Haryana with an investment of Rs 1,300 crore. Model Economic Township Ltd, formerly known as Reliance Haryana SEZ Ltd, also expects that the electronic hub and footwear park would attract a further investments of Rs 2,600 crore from units to be established inside it while generating about 20,000 employment opportunities.

The firm has signed two MOUs (memorandum of understanding) with the Haryana government at the Happening Haryana global investor’s summit to develop 450-acre electronic manufacturing clusters and 500-acres Footwear Park. The proposed electronic hub and footwear park is part of 8,000 acre industrial town being developed by the company.

http://www.business-standard.com/article/companies/reliance-arm-to-invest-rs-1-300-crore-in-haryana-for-electronics-hub-116031300196_1.html

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