Industrial Model Township Bawal in NCR in Haryana, is a large industrial centre has been developed by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) in 1995.It is a state government project to establish multiple auto parts manufacturers in mid-1990's. It also synergises with other IMT of Haryana along Delhi Western Peripheral Expressway such as IMT Bahadurgarh, IMT Kundli, Sonipat and IMT Manesar. During last three years, HSIIDC has allotted 218 Industrial plots in Bawal for medium- and large-scale projects with capital investment of around US$4.18 billion (2016). Many multinational corporations including Honda, Toyota, Hitachi, Haco Group, Musashi Auto Parts India, POSCO, Kansai Nerolac, Asahi India, Atlas, YKK India Pvt. Ltd., Euothern Hema, Keihin, Caparo Maruti, Harley-Davidson and Ahresty India along with many Indian companies such as Delseal, Omax, Rico, Minda Group, Rubyco International, Tenneco Automotive India, Continental Equipment and Multicolor Steels, Caparo power plant, etc. have set up plants.
