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Punjab Advance October

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ITC Limited, a<br />

multi-business conglomerate,<br />

has announced<br />

to double its<br />

investment in Punjab<br />

from earlier Rs700<br />

crore to Rs1,400<br />

crore.<br />

ITC Limited’s<br />

fast-moving consumer<br />

goods (FMCG) businesses<br />

president Sanjiv<br />

Puri, during his<br />

interaction with<br />

Deputy Chief Minister Sukhbir Singh<br />

Badal, said his company was increasing<br />

its investment in the Food Park at<br />

Kapurthala.<br />

The ITC had succeeded in making<br />

Kinnow juice, and the product was under<br />

consumer testing and would be in the<br />

market within the current financial year.<br />

Mohali gets Inte rnational airport<br />

P<br />

unjab scripted a new<br />

success story becoming the<br />

smallest state in the country and the<br />

first in northern India to have two<br />

international airports.<br />

This international Airport at Jhiurheri<br />

village <strong>of</strong> Mohali, the second in<br />

the state after Amritsar airport, would<br />

give the much needed boost to the<br />

economy <strong>of</strong> the state by connecting it<br />

with the rest <strong>of</strong> world. It was a wonderful<br />

gift to the Punjabi Diaspora settled<br />

across the globe as it would enable<br />

them stay well connected with their<br />

roots. International air connectivity<br />

from Mohali was all the more important<br />

because it would connect the entire<br />

northern region comprising<br />

Punjab, Haryana, Himachal Pradesh,<br />

Jammu & Kashmir, Uttarakhand and<br />

even the western parts <strong>of</strong> Uttar Pradesh<br />

with the other parts <strong>of</strong> the world.<br />

It may be recalled that in the absence<br />

<strong>of</strong> this international airport a<br />

ITC to double up<br />

The Deputy Chief Minister with corporate honchos in Delhi<br />

Sukhbir was in the national capital<br />

to meet the top corporate honchos.<br />

Godrej Agrovet Limited managing<br />

director Balram Yadav said that his<br />

company would evaluate setting up a<br />

greenhouse and food park over 100<br />

acres.<br />

The Deputy Chief Minister said<br />

large number<br />

<strong>of</strong> passengers<br />

from the northern<br />

states were<br />

left with no<br />

other option<br />

but to travel to<br />

Delhi for<br />

boarding intern<br />

a t i o n a l<br />

flights, which<br />

not only<br />

caused undue<br />

harassment to them but also resulted in<br />

huge wastage <strong>of</strong> time, money and energy.<br />

Likewise, this airport would act<br />

as a catalyst to propel industrialisation<br />

in the state besides showcasing Punjab<br />

as the most preferred investment destination<br />

to woo the leading entrepreneurs<br />

across the world to make huge<br />

investments in the state.<br />

The new international terminal<br />

would provide a passenger hub, as well<br />

that the Government<br />

was ready to<br />

create entire infrastructure<br />

for the<br />

greenhouse at Ladhowal.<br />

“Companies<br />

and farmers taking<br />

up area in the<br />

greenhouse would<br />

have to pay operating<br />

costs only,” he<br />

added.<br />

Molson Coors<br />

president Ravi<br />

Kaza, who also met Sukhbir, announced<br />

that his company was upgrading<br />

its plant by investing Rs 50<br />

crore. Representatives <strong>of</strong> Marks and<br />

Spencer, Cannon, Shakti Bhog Atta,<br />

Walmart and Dabur also held one-toone<br />

meetings with the Deputy Chief<br />

Minister.<br />

as a cargo hub for import and export <strong>of</strong><br />

raw material and perishable goods like<br />

fruits, vegetables and medicines. It<br />

would also cater to the growing demand<br />

<strong>of</strong> a maintenance repair overhaul<br />

(MRO) facility for all sizes <strong>of</strong> aircraft.<br />

The other salient features <strong>of</strong> the airport<br />

include LED lighting, energy efficient<br />

chillers, double insulated ro<strong>of</strong>ing system,<br />

rain water harvesting, re-use <strong>of</strong><br />

treated water.<br />

October 2015<br />

Punjab Advance<br />

13

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