Birthday of Sri Guru Ramdas Ji

Punjab Advance October Punjab Advance October

08.10.2015 Views

It’s Brand Punjab A New Ease of Doing Business 2nd Investors’ Meet to build momentum l KOREANS, CHINESE INVITED TO SET UP INDUSTRIAL PARKS l SINGLE-WINDOW SYSTEM WINS ACCOLADES l 4G CONNECTIVITY BY DEC. T Ajay Bhardwaj he big initiative is on. Punjab's efforts to woo investors have taken a big leap forward with more than 200 proposals worth Rs 16,000 crore being in the pipeline and many more coming its way. If there is a proposed industrial park for the Koreans, t he Chinese investors have been invited to set up an industrial 6 Punjab Advance October 2015

cluster in the state. Deputy Chief Minister Sukhbir Singh Badal's recent trips to Holland, Poland, South Korea and to places like Delhi, Thiruvanthapuram and Mumbai to market Brand Punjab have triggered a new hope and promise for a big turnaround in the state. On his part, Industries Minister Madan Mohan Mittal, at the same time, undertook an extensive tour to China where he held discussions with prospective investors across the board and offered them to set up an industrial cluster in Punjab. All this has been to build up momentum for the forthcoming Progressive Punjab Investors' summit on October 28 and 29 in Mohali which is slated to be a launching pad for many new projects and help investors discover Punjab as a new investment destination. In a way taking forward the initiative that the state government took in 2013 by organising the first investors' summit. While an investment of Rs 32,676 crore has already been planned ever since the first investors' summit, proposals from big players like M/s Infosys, M/s Ultratech Cement, M/s T.I Tubes (Murugappa Group), M/s ITC, M/s Cargill India, M/s Amul, M/s Mahindra Agro, M/s Sonalika Tractors etc. to set up their ventures have been in the pipeline. In all, 225 applications for investments in various fields have been received by the Bureau of Investment. While 28 per cent of the applicants are in the manufac- Deputy Chief Minister Sukhbir Badal addresses a gathering at Sangdo smart city (Left) as business magnates listen with rapt attention (below) October 2015 Punjab Advance 7

cluster in the state. Deputy Chief<br />

Minister Sukhbir Singh Badal's<br />

recent trips to Holland, Poland,<br />

South Korea and to places like<br />

Delhi, Thiruvanthapuram and<br />

Mumbai to market Brand Punjab<br />

have triggered a new hope and<br />

promise for a big turnaround in<br />

the state.<br />

On his part, Industries Minister<br />

Madan Mohan Mittal, at the<br />

same time, undertook an extensive<br />

tour to China where he held<br />

discussions with prospective investors<br />

across the board and <strong>of</strong>fered<br />

them to set up an industrial<br />

cluster in Punjab.<br />

All this has been to build up<br />

momentum for the forthcoming<br />

Progressive Punjab Investors'<br />

summit on October<br />

28 and 29 in<br />

Mohali which is<br />

slated to be a<br />

launching pad for<br />

many new projects<br />

and help investors<br />

discover Punjab as<br />

a new investment<br />

destination. In a<br />

way taking forward the initiative<br />

that the state government took in<br />

2013 by organising the first investors'<br />

summit.<br />

While an investment <strong>of</strong> Rs<br />

32,676 crore has already been<br />

planned ever since the first investors'<br />

summit, proposals from<br />

big players like M/s Infosys, M/s<br />

Ultratech Cement, M/s T.I Tubes<br />

(Murugappa Group), M/s ITC,<br />

M/s Cargill India, M/s Amul, M/s<br />

Mahindra Agro, M/s Sonalika<br />

Tractors etc. to set up their ventures<br />

have been in the pipeline.<br />

In all, 225 applications for investments<br />

in various fields have<br />

been received by the Bureau <strong>of</strong><br />

Investment. While 28 per cent <strong>of</strong><br />

the applicants are in the manufac-<br />

Deputy Chief Minister Sukhbir Badal addresses a gathering at Sangdo smart city (Left) as business magnates listen<br />

with rapt attention (below)<br />

October 2015<br />

Punjab Advance<br />

7

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