Haryana Chief Minister Manohar Lal Khattar on Thursday said the state government was taking forward the vision of the Prime Minister Narendra Modi to make India a $5 trillion economy.

Delivering keynote speech during a summit on G-20 Presidency organised by IIM, Rohtak at Gurugram, Khattar said more than half of Haryana falls in the National Capital Region which is being developed as a logistics hub.

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“This offers immense possibilities of investment,” he said, adding emphasis is being laid on building quality infrastructure, ensuring ease of doing business, and creating an industry-friendly environment.

Khattar pointed out that ranking 21 in terms of area and 18th in terms of population; Haryana contributes 3.87 per cent to the country’s gross domestic product (GDP) and accounts for four per cent of its exports.

“Haryana is the seventh largest merchandise exporter in the country, exporting such items as basmati rice, auto and auto components, manmade fibres, carpets, electric machinery etc,” he added.

The CM said the state occupies the high bench of leading states on the parameters of economic development. “The state figures in the top achievers category in the Ease of Doing Business ranking, while in the Innovation Index of NITI Aayog, it is among the top three states of the country. We rank 3rd in the Export Preparedness Index,” he said.

Khattar said the theme of India’s G-20 presidency is “Vasudhaiva Kutumbakam” which means “One Earth, One Family, One Future”, outlined by the Prime Minister aims to induce inclusive collaboration among developed and emerging nations and recognize the significance and fruitfulness of collective and united action.

The CM said India has the potential to convert challenges into opportunities. “G-20 presidency gives India an unprecedented opportunity to prove its credentials as a global force, establish its credibility in resolving global economic issues, and hoist on the world our traditional value system which has survived many onslaughts, and stood the test of time. I am sure India’s G-20 Presidency will usher in a new global order marked by amity and brotherhood,” he added.