Explanation:

Aims & Objectives of Haryana Agro Industries Corporation :

To undertake, assist, aid, finance and promote agro-industries such as poultry, dairy, land development, seed related activities and other agro based industries, and to manufacture agriculture implements, agricultural machinery and equipments required for these industries in Haryana and in India, and to sell the products of these industries.

To organise, conduct or manage engineering, repair shop or workshops of all descriptions and to manufacture, import, export, buy, sell or otherwise deal in workshops machinery, agricultural machinery implements, machine tools & metals of all kinds.

To promote or conduct any agricultural, commercial, or industrial enterprise, establishment, company or concern.

To acquire, purchase, give or sell implements, machinery, equipment, appliances, tools etc., either on hire-purchase system or on payment by installments as may be on interest to the company.

To employ distributors, commission agents and to provide for the remuneration of such persons for their services by payment in cash or by the issue of shares, debentures or other securities of the Company.