Invest Punjab high level delegation interacts with business community in Mumbai

Mumbai: Invest Punjab high level delegation jointly led by Punjab Finance Minister Manpreet Singh Badal and Education & PWD Minister Vijay Inder Singla on Tuesday (September 24) interacted with the business community, in multiple events and meetings scheduled in Mumbai, during 2 days visit. The visiting delegation from Invest Punjab has organized pre-summit discussions and invited the entrepreneurs for the upcoming Progressive Punjab Investors Summit scheduled in December, 2019. Punjab Finance Minister Manpreet Singh Badal in his keynote address said that Punjab was all set to herald industrial revolution soon as it had already been credited with having ushered in green revolution in early 1960’s thereby making our country self-reliant in food production besides nation’s sword-arm to defend our frontiers from internal as well as external aggressions. He said that Punjab had made immense contribution in all fields of development and now it was swiftly catching up with the leading industrial states and would soon emerge as the frontrunner state on the country’s industrial map. Punjab Education and PWD Minister Vijay Inder Singla said that Punjab was marching towards industrialisation as our conventional agriculture economy had already reached a point of saturation. He pointed out that industrialisation was the only answer to propel our economy in the orbit of high growth trajectory. Under the dynamic and visionary leadership of Captain Amarinder Singh, Punjab has witnessed a revival of industry due to investor friendly atmosphere coupled with lucrative incentives and ease of doing business. Earlier Additional Chief Secretary Invest Punjab and Industry and Commerce Vini Mahajan said that Invest Punjab-a one stop platform was ensuring seamless clearances to the prospective investors and entrepreneurs to setup their ventures in sectors as diverse as Manufacturing, Food Processing IT/ITeS, Startups, SME's & Education. CEO Invest Punjab Rajat Agarwal gave a brief presentation thereby outlining the blueprint of industrial scenario with ease of doing business with one of its kind one stop office called Invest Punjab, besides throwing spotlight on the salient features of Industrial and Business Policy launched by Punjab Government. From Industry CEO M & M Ltd (Swaraj Divison) Harish Chavan said that Strong Vendor ecosystem with undying Entrepreneurial spirit has gone ahead in making us competitive and now our vendors in Punjab are supplying to other Plants in South India. MD Vardhman Special Steel Ltd Sachit Jain in his address said that State had a wonderful work culture with no strikes & lockouts with least interference of the Government in industry’s day to day working. Director Manohar Packaging Aditya Patwardhan also lauded the existing Industrial and Business Policy and Invest Punjab office as it was instrumental in facilitating the industrialists in setting up of new business in the state with professional approach, who were keen to commence operations by next month in the state, in a hassle-free manner. Earlier the delegation of Invest Punjab held deliberations with the delegates from Financial Institutions (PE/VCs funds) and successful Entrepreneurs. In meeting senior representatives of leading international funds such as Mumbai Angel Networks, Softbank, Macquarie, Morgan Stanley, SBI Capital Markets participated and discussed possibilities of investment in the State of Punjab. CEO INVEST PUNJAB presented the existing ecosystem and showcased investment opportunities in the State. Also extended Investors Summit 2019 to all. Delegation also had one to one meeting with leading business houses such as Tata Group, Siemens, Godrej. CAPT AMARINDER MOOTS A PUNJAB IRAN CHAMBER OF COMMERCE TO BOOST TRADE, INVITES IRANIAN ENVOY TO 550TH PRAKASH PURB Chandigarh: Punjab Chief Minister Captain Amarinder Singh on Tuesday mooted a dedicated Punjab-Iran Chamber of Commerce to harness investment potential between two sides, while seeking technical transfer with the Gulf nation in the critical areas of water conservation, agriculture and Agro products. Interacting with Iran's Ambassador to India, Ali Chegeni, who called on him here this afternoon (September 24), Captain Amarinder Singh also extended his personal invite to the envoy to attend the 550th Parkash Purb Celebrations. The Chief Minister informed the envoy that he had already taken up with the Government of India the issue of starting special charter flights from Tehran to Amritsar for facilitating Sikh pilgrims expected to visit during the historic occasion. Highlighting the role of the Sikh community in strengthening the Iranian economy, the Chief Minister stressed on the need to take people to people relations forward. He asked the Chief Secretary to initiate student exchange programmes between Punjab and Iran Universities, while also suggesting promotion of B2B interactions. The quantum of exports of premium quality rice, fruits and dry fruits to Iran could be further increased, the Chief Minister said, noting that Iranian urea was amongst the major import items for the state. The Chief Minister assured the visiting envoy that the state government would provide all possible support and cooperation to the Iranian investors who wish to set up their industrial units in the state. Nostalgically recalling his only visit to Iran, when he had led a delegation of State Agriculture Ministry which he was heading at the time, in 1976, Captain Amarinder termed his two month stay as a learning experience. The Ambassador invited Chief Minister to visit Iran again soon. Thanking the Chief Minister for his hospitality and cooperation, the Ambassador lauded the various initiatives undertaken by the state government for promoting industry in the last two and half years. Acceding to a suggestion from Captain Amarinder, the envoy, who is attending an event in Patiala tomorrow, also decided to visit the Samana shrine said to belong to descendent of Prophet Muhammad Imam Sayyed Mash-had Ali during his stay. The meeting was also attended by NRI Affairs & Sports Minister Rana Gurmit Singh Sodhi, Senior Advisor to the CM Lt. Gen. (Retd.) T S Shergill, Chief Minister's Media Advisor Raveen Thukral, Chief Secretary Karan Avtar Singh, and Principal Secretary to CM Tejveer Singh. Other members of the visiting delegation included Counsellor Hossain Mohammadi. DELEGATION OF RICE MILLERS ASSOCIATION CALLS ON DIRECTOR FOOD, CIVIL SUPPLIES & CONSUMER AFFAIRS Chandigarh: A delegation of the Rice Millers Association (Pb.) called on the Director, Food, Civil Supplies and Consumer Affairs Anindita Mitra here today (September 24) at Anaj Bhawan in Sector-39. Disclosing this, an official spokesperson of the government said that the delegation expressed its gratitude to the Director for undertaking novel initiatives under the guidance of the Food, Civil Supplies and Consumer Affairs Minister Bharat Bhushan Ashu, aimed at the welfare of the rice millers of Punjab. The delegation members also apprised the Director of their various demands and presented a memorandum to that effect to the Director who gave them a very patient hearing and assured them of taking these up with the minister for early redressal. The delegation included President of the Rice Millers Association Gian Chand Bhardwaj, Senior President Sat Parkash Goyal, Vice President Balwinder Singh, General Secretary Ashwani Kumar, President Samana Unit Aman Panjrath, President Sunam Unit Rajnish Kansal, Harpreet Singh Dhillon, Parveen Jain from Jalandhar, Jai Pal Goyal, President Jagraon Unit Ankur, Rohit Garg and Monkush Aggarwal.