HSIIDC Abbreviation

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Popular abbreviations of HSIIDC:

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What does HSIIDC mean?

HSIIDC stands for Haryana State Industrial and Infrastructure Development Corporation. The earlier name of HSIIDC was Haryana State Industrial Development Corporation. The headquarters of HSIIDC is located at Panchkula, Haryana. HSIIDC is the state body that is fully controlled and executed by the Haryana government.

Roles & Responsibilities

• HSIIDC is the nodal body that introduced the labor policy in Haryana in 2005 and became the first state in India to do that.
• HSIIDC was established on March 8, 1967.
• The official website of HSIIDC is hsiidc.org.in.
• Department of Industries and Commerce, Haryana heads HSIIDC as its parent organization.
• The prime objective of HSIIDC is to encourage the growth of medium and large-scale industries in Haryana state.
• HSIIDC includes establishing technology parks, special economic zones, development of industries and commercial sector, formation of integrated logistics hubs, infrastructure for transport and sports in the Haryana state.
• The basic infrastructure of the state includes the proper water supply system, road network, and electricity connection.
• HSIIDC develops special subsidiary bodies to develop infrastructure in the state for the various government and public sectors.
• The establishment of entrepreneur centers comes under the HSIIDC. 
• There are 70 types of services provided by the Haryana entrepreneur center, and this center has 17 departments.

Divisions of HSIIDC

HSIIDC works in specific divisions. Such as:

• General administration
• Audit department
• Public relations department
• Resolution of Grievances department
• Library and IT department
• Real estate infrastructure development department
• Development of mega food parks

Policies of HSIIDC

The two policies that HSIIDC heads as the nodal governing body are land pooling and labor policies.

• Land Pooling Policy: This policy provides ease for developing the residential areas by taking the land from landlords.

• Labor policy: This policy is meant to provide an easy way to establish and enhance the businesses in Haryana state.