Economy of Haryana

The State of Haryana is the land of rich culture and agricultural prosperity.  

Though Haryana is geographically a small State(1.34%),the the State contributed 3.8% to the National GDP at constant (2011-12) prices as per Quick Estimates of 2019-20. 

As per the Advance Estimates for the year 2020-21, the GSDP of the State  has been estimated as ` 7,64,872.41 crore  or 7.64 lakh crore (at current prices).

Per Capita Income of Haryana- 2.47lakh rupees(2019-20)

Share of various Sectors in economy of Haryana-

• Agriculture and allied sector-18.9%
• Industry Sector-30.9%
• Services Sector-50.9%

Source- Haryana Economic Survey 2020-2021

Various Facts-

• Haryana is India’s 4th largest producer of cotton.
• Two of the biggest automobile and two wheeler manufacturer Maruti udyog and Hero are in Gurgaon. Haryana is a preferred destination for auto majors and auto-component manufacturers. The state is host to many large automotive players. 
• The state produces two-thirds of passenger cars, 50 percent of tractors, 60 percent of motorcycles and 50 per cent of the refrigerators manufactured in the country.
• The Gurugram district is one of the major hub for the Information Technology and Automobile industry. India now has over 50% market share in the world’s IT outsourcing industry, and most of that work happens from Gurgaon.
• Yamunanagar district has a paper mill BILT.
• Faridabad is another big industrial part of Haryana. It is home to hundreds of large scale companies like Orient fans (C.K.Birla Group), JCB India Limited, Nirigemes, Agri-Machinery Group (Escorts Group), Yamaha Motor India Pvt. Ltd.
• The Panipat Refinery (IOCL) situated at Panipat is the 2nd largest refinery in South Asia.