LML Realty's ₹150 Cr. Industrial Push in Haryana

LML Realty, the real estate arm of the LML brand, has announced a ₹150 crore investment to develop its first industrial park in Firozpur Jhirka, Haryana.

Approved under the state government’s Promoting Access and Development of MSME Advancement (PADMA) scheme, the 35-acre project is designed to support micro, small, and medium enterprises (MSMEs) with a fully integrated industrial ecosystem. The park will feature ready-to-move plug-and-play units, an exhibition and display centre, as well as dedicated R&D and product testing facilities.

MSMEs establishing operations in the park will be eligible for a range of incentives under the PADMA scheme, including up to ₹2 crore in benefits per unit, 75% SGST refunds for seven years, capital subsidies of up to ₹30 lakh, 100% exemption from electricity duty for 12 years, and support of up to ₹50 lakh for branding, technology, and R&D.

Positioned as a strategic growth enabler, the park is expected to attract robust investment, foster entrepreneurship, and further strengthen Haryana’s role as a leading hub for industrial development and MSME innovation.

News by Rahul Yelligetti.