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Economy of Haryana
Gurgaon, the city's DLF Cyber City that houses some of the top IT & Fortune 500 companies.
GSDP of Haryana state is estimated to be US$140 billion in 2023-2034[7] which had grown at 12.96% CAGR between 2012–17, boosted by the fact that this state on DMIC in NCR contributes 7% of India's agricultural exports and 60% of India's Basmati rice export, with 7 operational SEZs and additional 23 formally approved SEZs (20 already notified and 3 in-principle approval, mostly along Delhi Western Peripheral Expressway as well as Amritsar Delhi Kolkata Industrial Corridor and DMIC corridor). Haryana also produces India's 67% of passenger cars, 60% of motorcycles, 50% of tractors and 50% of the refrigerators, which places Haryana on 14th place on the list of Indian states and union territories by GDP behind only much bigger states that are significantly larger in both area and population.[7][8]
As per Nov 2016 data, Gurugram ranks number 1 in India in IT growth rate and existing technology infrastructure, and number 2 in startup ecosystem, innovation and livability.[9] Smaller but richer state of Haryana is a massive provider of food security, as Haryana & Punjab together provide 70-90% of wheat & 28-44% of rice of India's PDS,[10] which is then redistributed to other nett negative food security states such as BIMARU states.
^"World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
^"World Bank Country and Lending Groups". World Bank. Retrieved 29 September 2019.
^ abc"Uttar Pradesh Budget Analysis 2023-24". PRS Legislative Research. 22 February 2023. Retrieved 13 April 2023.
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