World · India Bureau
Avaada to develop ₹10,000 crore green industrial park in Haryana
The renewable energy company has signed an agreement to build a 300-acre sustainable industrial campus in Hisar that will operate entirely on clean power and generate over 5,000 jobs.
LSN India ·
Avaada has entered into a pact to establish a major green industrial campus in Hisar, Haryana, with an investment of ₹10,000 crore. The project represents a significant step towards promoting sustainable manufacturing in the region and aligns with India's broader decarbonisation objectives.
The proposed 300-acre campus will be entirely powered by renewable energy sources, operating on a round-the-clock basis to meet the needs of industries relocating to the facility. The development is designed to attract manufacturers seeking to reduce their carbon footprint and transition to cleaner production methods.
The initiative is expected to create employment opportunities for over 5,000 workers across various skill levels. The campus will provide essential infrastructure and support services to enable companies to establish or expand operations while maintaining environmental compliance.
The project underscores growing investor interest in green industrial infrastructure in India, as companies respond to both regulatory pressures and market demand for sustainable products. Haryana has positioned itself as a destination for such ventures, offering proximity to major consumption centres and existing industrial ecosystems.