Chandigarh, Jan 10 (Agencies): There's good news for NRIs wanting to invest in Haryana. The State decided to reserve up to 10 per cent of industrial plots or sheds for NRIs and persons of Indian origin (PIO).

Industrial units with 33 per cent or more foreign direct investment (FDI) can also avail the benefit of reservation of industrial plots, a spokesperson of the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) said here on Monday.

“In case of NRI plots, the entire amount towards the price of the plot would have to be remitted through the Non-resident External Rupee (NRE) Account of the applicant or in remittances from abroad or foreign exchange,” he said. 

In case of FDI projects, at least 33 per cent of the project cost should come from the FDI route.  

The spokesperson said that preferential allotment of up to two per cent of industrial plots or sheds in each industrial estate had been prescribed by the Government people with disabilities.  

He stated that while allotting plots, preference would be accorded to prestigious projects involving capital investment of Rs 10 crore, Rs 20 crore and Rs 30 crore and above. 

Ex-servicemen, women entrepreneurs, unemployed engineering graduates, polytechnic, ITI trained candidates and new entrepreneurs who display exceptional entrepreneurial skills would also be given preference in allotment, he added. 

NRIs and applicants of other categories will apply to the HSIIDC for allotment of industrial plots.