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LML Realty has announced an INR 150 crore investment in its first industrial park at Firozpur Jhirka in Haryana, developed under the state's PADMA scheme. Spread across 35 acres, the park will feature plug-and-play units, a dedicated exhibition and display centre, and in-house R&D and testing facilities. MSMEs moving into the park will benefit from state incentives, including SGST refunds, capital subsidies, electricity duty waivers, and support for branding, technology, and R&D. This investment builds on LML's recent industrial ventures in Haryana, including land acquisition for an EV industrial hub.
LML Realty, the real estate arm of the LML brand, has confirmed an INR 150 crore investment to establish its first industrial park at Firozpur Jhirka in Haryana. The project is being developed under the state government's PADMA scheme, which is designed to promote industrial development and attract medium and small enterprises. Advertisement
The upcoming park will be spread across 35 acres and include ready-to-move plug-and-play units, an exhibition and display centre, and dedicated in-house R&D and testing facilities. The infrastructure is being planned to provide a complete industrial ecosystem for businesses, especially those in the MSME sector.
Under the PADMA scheme, tenants will be entitled to a range of benefits. These include SGST refunds of 75% for seven years, capital subsidies of up to INR 30 lakh, exemption from electricity duty for 12 years, and assistance of up to INR 50 lakh per unit for branding, technology adoption, and R&D. Together, units can access incentives worth as much as INR 2 crore, making the project attractive for enterprises looking for both cost savings and growth opportunities.
This new announcement also follows LML's earlier step of acquiring land in Haryana for an electric vehicle industrial park focused on e-scooter manufacturing. That project was planned along with skill-development initiatives to prepare local talent for employment opportunities in the sector. By adding the Firozpur Jhirka industrial park to its portfolio, the company is widening its focus beyond mobility into broader industrial development.
The company expects that the mix of ready facilities, financial incentives, and research support will help attract businesses and strengthen Haryana's role as a growing industrial base. The development aligns with the state government's focus on encouraging investment in manufacturing, innovation, and MSME-led growth.
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