Reliance Industries’ arm to develop electronics manufacturing hub in Haryana

Reliance Industries’ wholly-owned subsidiary Model Economic Township is planning to develop an electronics manufacturing hub and footwear park at Jhajjar in Haryana. In this regard, the company will invest Rs 1,300 crore.

Model Economic Township is also expecting 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.

Further, the firm has signed two memorandum of understanding (MOUs) with the Haryana government at the Happening Haryana global investors 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.