Hisar IMC
Hisar is the largest AKIC node by area (2,988 acres) and carries the corridor’s biggest headline numbers — ₹4,680 cr development cost, ₹32,417 cr investment potential and 1,25,000 jobs — but it is also a late starter. The State Support and Shareholder Agreements were signed only on 20 August 2025 and the SPV, NICDC Haryana Integrated Manufacturing Cluster Hisar Project Limited, was incorporated on 25 September 2025.
Its distinguishing feature is the aviation thesis: the IMC is conceived as an Integrated Aviation Hub wrapped around the new Maharaja Agrasen International Airport, with planned MRO, an in-IMC freight station and aerospace & defence as the lead focus sector — a higher-value, more capital-intensive mix than the other nodes.
As of June 2026 the project remains in master planning with the EPC tender not yet floated, and the only signed agreement of any kind is a government-to-government technical-assistance MoU with the US Trade and Development Agency. No private allottees exist. The Jindal steel cluster and a regional textile base sit nearby as feeders.
Companies & commitments
| Company | Sector | Commitment |
|---|---|---|
| No allotted tenants | — | Pre-allotment — zero private allottees or MoUs verified; project in master planning, EPC tender not yet floated as of June 2026 [V] |
| US Trade and Development Agency (USTDA) | Aviation-hub technical assistance (government-to-government) | ~₹10.53 cr grant — MoU with HADC signed 10 December 2024 to attract investors and package projects; not a private land allotment [V] |
| Jindal Stainless / O.P. Jindal Group | Adjacent legacy base — stainless & carbon steel | Among India’s largest stainless-steel makers, founded the Hisar industrial base; feeder for the engineering & fabrication sector, not an IMC allottee [V1] |
Industries coming up
Infrastructure & connectivity
- 2,988 acres — the largest AKIC node by area (the master-plan land-use table covers ~1,605 developed acres: 980 ac industrial & logistics at 61%, 243 ac green/waterbody, 231 ac roads & utilities; the balance is reserved for aviation-hub integration and buffer).
- Explicitly an Integrated Aviation Hub: adjacent to the new Maharaja Agrasen International Airport, with a proposed in-IMC freight station, MRO facilities and ICAO-aligned carbon-neutral design.
- Located between the Eastern and Western DFCs (New Ambala EDFC ~208 km, New Rewari EDFC ~156 km) with proposed feeder rail; Hisar Junction 4.3 km; Delhi 180 km; Kandla port ~1,055 km.
- Draws on the Hisar steel and stainless-steel cluster (Jindal Stainless, O.P. Jindal Group) and a regional cotton-textile and garments base.
Incentives & land: No node-specific framework; standard Haryana industrial-policy incentives apply, with targeted schemes for textiles, EV manufacturing, ESDM and defence & aerospace (15% offset mandate, ₹25,000 cr investment target). The PADMA MSME scheme (up to ₹2 cr/unit, 75% SGST refund for 7 years, 100% electricity-duty exemption for 12 years) indicates the available regime. Specific IMC power tariff not found.
The aviation-hub thesis
Hisar is unusual among AKIC nodes in being organised around an airport. The RFP describes the IMC as part of an Integrated Aviation Hub that must synergise with the large international airport at Hisar, with an MRO and aero-logistics focus, a proposed in-IMC freight terminal connecting to the EDFC, and carbon-neutral design to ICAO guidelines. This explains the aerospace & defence and engineering lead sectors and the high investment-per-acre projection.
In December 2024 the Haryana Airport Development Corporation signed an MoU with the US Trade and Development Agency for technical assistance — a ~₹10.53 cr grant to help package projects and attract financiers. This is a facilitation agreement, not a land allotment; no private investor has been named.
Status and the late start
The project was listed in August 2021 with development activities “not initiated”. It moved only in 2025: SSA and SHA signed on 20 August, SPV incorporated 25 September (authorised and paid-up capital ₹5 cr each), with a board chaired by NICDC and Haryana civil-aviation nominees. A consultant is appointed and the detailed master plan and design report are in progress; environmental clearance, EPC and land transfer to the SPV are not yet confirmed in sources. The June 2026 Tribune report explicitly notes the EPC tender — the start of physical work — had not been floated.
Risks & open questions
Hisar trails Rajpura–Patiala by roughly three years and depends on a parallel airport build that is still “under development”. The land-use table accounts for only ~54% of the 2,988 acres, with the remainder unexplained. EDFC stations are 156–208 km away (an in-IMC freight station is targeted only by ~2032). Water (semi-arid region) and power terms are unquantified, and no anchor tenants exist. Historic interest — 2017 airport EOIs (GMR, GVK, L&T and others) and a 2018 SpiceJet MRO MoU — is dated and not current pipeline.
Timeline
- Aug 2021Listed in PIB with development activities not yet initiated
- Feb 2024ToR granted (5 February)
- Dec 2024HADC–USTDA aviation-hub technical-assistance MoU (~₹10.53 cr)
- Aug 2025SSA & SHA signed (20 August)
- Sep 2025SPV incorporated (25 September)
- Jun 2026In master planning; EPC tender not yet floated