Reliance to Invest 8,646 Cr in Haryana Township Project

Synopsis:  Reliance Industries’ Model Economic Township (MET) signs MoUs with the Haryana government involving investments worth ₹8,646 crore in Jhajjar. The initiative is expected to generate over 33,000 jobs and accelerate industrial growth in the state.

Reliance Industries’ subsidiary, Model Economic Township Limited (METL), has signed two memorandums of understanding (MoUs) with the Haryana government for investments amounting to ₹8,646 crore in its integrated township project at Jhajjar. The agreements were formalized under the state’s newly launched Make in Haryana Industrial Policy 2026 and are aimed at boosting industrial development, employment generation, and economic activity in the region.

The investment will be directed towards the development and expansion of Reliance MET City, an 8,250-acre integrated smart township located in Jhajjar district near the National Capital Region (NCR). The project has already emerged as one of India’s largest integrated industrial townships, hosting more than 650 companies from 11 countries, including several Japanese firms.

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According to the company, the first MoU covers investments to be undertaken directly by Model Economic Township Limited as part of Haryana’s broader strategy to attract industrial investment and create employment opportunities. The second MoU encompasses investments proposed by companies that have already acquired plots within Reliance MET City and are currently establishing manufacturing and business facilities. Together, these investments are expected to generate employment for more than 33,250 people across multiple sectors.

The planned investments span a diverse range of industries, including automobiles and auto components, electronics manufacturing, defence production, medical devices, footwear, and packaging. Industry experts believe that such sectoral diversification will strengthen Haryana’s manufacturing ecosystem while enhancing its position as a preferred investment destination in northern India.

Haryana Chief Minister Nayab Singh Saini recently launched the Make in Haryana Industrial Policy 2026 with an ambitious target of attracting ₹5 lakh crore in investments across the state. During the launch event, investment proposals and MoUs worth nearly ₹1.10 lakh crore were signed by various companies and institutions. Reliance’s latest commitment represents one of the most significant contributions under the initiative.

Shrivallabh Goyal, CEO and Whole-Time Director of Model Economic Township Limited, stated that the investments represent tangible economic activity in the form of new manufacturing facilities, business expansion, and job creation rather than merely investment commitments. He noted that Reliance MET City continues to play an important role in supporting Haryana’s industrial growth journey.

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The latest agreements further strengthen Reliance’s long-term commitment to developing integrated industrial and urban infrastructure in Haryana while reinforcing Jhajjar’s emergence as a major manufacturing, logistics, and investment hub within the NCR region.