Reliance Industries' subsidiary Model Economic Township Ltd (METL) has signed 2 Memorandums of Understanding (MoUs) with the Haryana government for proposed investments worth ₹8,646 crore in Jhajjar district, as per PTI reports.
The agreements were signed during the launch of Haryana's Make in Haryana Industrial Policy 2026.
The proposed investments will be made by METL and companies that are setting up units within Reliance MET City.
The company said the investments are expected to generate more than 33,250 jobs. The projects include manufacturing facilities planned by companies that have already acquired land within the township.
Industries covered under the investment plans include auto and auto components, electronics, defence manufacturing, medical devices, footwear, and packaging.
Reliance MET City is being developed on an 8,250-acre site in Jhajjar. The integrated township has attracted companies from a range of manufacturing sectors over the past few years.
According to the company, more than 650 firms from 11 countries, including Japan, have established operations within the project.
The township is located near the National Capital Region and houses industrial, logistics and business facilities.
One of the MoUs was signed by Model Economic Township Ltd as part of the state's plans to bring additional industrial investment and employment to the region.
The second MoU relates to companies that have already taken plots in Reliance MET City and are currently setting up factories and other facilities. The investment commitments under both agreements together amount to ₹8,646 crore.
The agreements come days after Haryana unveiled the Make in Haryana Industrial Policy 2026. The state government has set a target of attracting investments worth ₹5 lakh crore under the policy framework.
At the launch event, MoUs and investment proposals worth about ₹1.10 lakh crore were signed across different sectors, according to official information released by the state government.
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As of June 4, 2026, 12:26 pm, Reliance Industries share price was trading at ₹1,303.60, down 0.73% from the previous closing price.
The investment plans relate to factories and industrial facilities across sectors such as electronics, auto components, defence and medical devices. The projects are planned within the 8,250-acre township in Jhajjar.
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Published on: Jun 4, 2026, 1:11 PM IST
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