LML Realty, the real estate arm of the LML brand, has announced plans to invest Rs 150 crore in developing its first industrial park in Firozpur Jhirka, Haryana.

The project, approved under the state’s Promoting Access and Development of MSME Advancement (PADMA) scheme, will span 35 acres and is designed to cater to micro, small, and medium enterprises (MSMEs). The industrial park will feature ready-to-move plug-and-play units, an exhibition and display centre, and on-site R&D and testing facilities, offering a comprehensive ecosystem for manufacturing and innovation.

MSMEs setting up in the park will benefit from a wide range of incentives under the PADMA scheme, including up to Rs two crore in benefits per unit, 75 percent SGST refunds for seven years, capital subsidies up to Rs 30 lakh, 100 percent electricity duty exemption for 12 years, and branding, technology, and R&D assistance of up to Rs 50 lakh.

Positioned as a growth enabler, the project is expected to attract significant investment, promote entrepreneurship, and strengthen Haryana’s position as a key industrial and MSME hub.