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State Studies · Haryana

Economy of Haryana

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Overview

The Gross State Domestic Product (GSDP) of Haryana for the 2024–25 financial year is estimated at ₹12.16 lakh crore (US$130 billion), representing an 11% growth over the previous year, contributed by the state's contribution of 7% of India's agricultural exports and 60% of India's Basmati rice exports, with 7 operational SEZs and additional 23 formally approved SEZs.

Source: Wikipedia — Economy of Haryana (CC BY-SA)

Key concepts

How Economy of Haryana connects to the ideas, people and events around it.

  1. Haryana

    includes

    Agriculture in Haryana covers roughly 70 % of the state's workforce and produces over 30 % of India's wheat. The Green Revolution introduced high‑yielding varieties that boosted output in the 1960s.

  2. Gurgaon

    centered in

    Gurgaon, now officially Gurugram, is a major financial and IT hub contributing about 10 % of Haryana's GDP. The city hosts headquarters of multinational corporations such as Google India.

  3. Haryana State Industrial and Infrastructure Development Corporation

    supported by

    HSIIDC is a state agency that creates industrial parks and special economic zones across Haryana. Since its founding in 1967, it has facilitated investment of over US$30 billion.

  4. Dairy industry of Haryana

    includes

    Haryana's dairy sector ranks third in India, producing more than 12 million tonnes of milk annually. The cooperative Amul's regional plant processes over 1 million litres per day.

  5. Haryana power sector

    relies on

    The Haryana power sector supplies over 12 GW of electricity, with 70 % generated from thermal plants. In 2021, renewable sources accounted for 15 % of the state's energy mix.

  6. Haryana road network

    enabled by

    Haryana's road network spans more than 30,000 km, including the Delhi‑Gurgaon Expressway that reduces travel time to the capital to under 30 minutes. The state maintains a high road‑density of 1.5 km per km².

  7. Textile industry of Haryana

    includes

    The textile industry in Haryana employs over 500,000 workers and contributes roughly US$2 billion annually. Panipat, known as the 'City of Weavers', produces more than 1 billion metres of cloth each year.

  8. Bhupinder Singh Hooda

    guided by

    Bhupinder Singh Hooda served as Chief Minister of Haryana from 2005 to 2014, overseeing major industrial expansion. Under his tenure, the state attracted over US$20 billion in foreign direct investment.

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What is Economy of Haryana?

The Gross State Domestic Product (GSDP) of Haryana for the 2024–25 financial year is estimated at ₹12.16 lakh crore (US$130 billion), representing an 11% growth over the previous year, contributed by the state's contribution of 7% of India's agricultural exports and 60% of India's Basmati rice exports, with 7 operational SEZs and additional 23 formally approved SEZs.

What are the key concepts related to Economy of Haryana?

The main concepts connected to Economy of Haryana include Haryana, Gurgaon, Haryana State Industrial and Infrastructure Development Corporation, Dairy industry of Haryana, Haryana power sector, Haryana road network, Textile industry of Haryana, Bhupinder Singh Hooda. Each is linked on the map above with its own summary.

Which exams cover Economy of Haryana?

Economy of Haryana is part of State Studies, which appears in the syllabus of HPSC, HSSC.