Sukhbir Badal to meet Chairmen and business heads of ITC, Ranbaxy, Cargill and others in Delhi

Author(s): City Air NewsChandigarh, November 7, 2013: After successful visits to Bangalore and Mumbai to woo industry, Punjab Deputy chief minister Sukhbir Singh Badal will meet Chairmen and business heads of top industries in Delhi over...

Sukhbir Badal to meet Chairmen and business heads of ITC, Ranbaxy, Cargill and others in Delhi
Author(s): 

Chandigarh, November 7, 2013: After successful visits to Bangalore and Mumbai to woo industry, Punjab Deputy chief minister Sukhbir Singh Badal will meet Chairmen and business heads of top industries in Delhi over the next two days to showcase the investment opportunities in Punjab.
The Deputy CM had earlier led successful visits to Bangalore and Mumbai which had led to initiation of discussions by leading companies including Infosys, Biocon, Tata, Reliance and Mahindra and Mahindra besides others to invest in Punjab.
During the next two days, Badal will meet various heads of Business Units of ITC Group, Chairman of Ranbaxy Dr. Tsutomu Une and Siraj Chaudhry, Chairman, Cargill India besides others. He will be holding one on one meetings with the captains of industry to make them aware of the unique steps being taken by the Punjab government to invite industry into the State. He will also update them about the congenial and healthy industrial environment in Punjab.
During the course of the visit the Deputy CM will also preside over a special meeting with the member of Punjab Investment Advisory Council and heads of industrial houses. These will include representatives of Helion Venture, CK Birla Group, Jubilant Bhartia Group, Dabur India Ltd, Bharti Airtel Ltd and Bharti Enterprises Ltd.  Badal would also preside over a special meeting with the member of Punjab Investment Advisory Council and heads of industrial houses.
In a statement issued here, Badal said that there was an unprecedented response of industrial giants to invest in Punjab after his recent visits to Bengaluru and Mumbai and the visit of all TATA Company heads to Punjab. He said the interest shown by the top industrial houses proved Punjab was a one of the most preferred investment destinations and that within a short span of time it would witness huge investments with the setting up of new industrial units.
Describing power and road connectivity as the basics of industrial prosperity of any nation and state, Badal said that Punjab was in the process of initiating projects for 4/6 lane roads in the state while the construction on various major routes was on an advanced stage of completion. He said Punjab was also set to become Power Surplus state by next month. He said that besides these two major aspects the state government has also introduced industry friendly Industrial policy.
The Deputy CM also disclosed that within few months Punjab would become a state, where all NOCs and approvals would be facilitated by a Single Window System, which would provide all industry related clearances within an established time frame.
The Deputy CM said that Punjab is all set to organise Investment Promotion Summit on December 9 - 10 and that the event would witness signing of various nous with leading industrial houses.

Date: 
Thursday, November 7, 2013