Sond invites more businesspersons and industrialists to establish industries in Punjab
Punjab Newsline, Chandigarh, December 23-
Cabinet minister, Tarunpreet Singh Sond, has extended an invitation to national and international industrialists to invest in Punjab. He highlighted that the state’s industry-friendly policies have attracted global investors. Since March 2022, under the leadership of CM Bhagwant Singh Mann, investments amounting to Rs. 86,541 crore have been received.
He revealed that since 2022, over 5,300 investment proposals have been received, of which Rs. 86,541 crore has already materialized, creating employment opportunities for nearly 3,92,540 individuals.
Some key projects secured during the current government’s tenure include investments from Tata Steel Limited (Rs. 2,600 crore), Sanathan Polycoat Private Limited (Rs. 1,600 crore), Ambuja Cements Limited (Rs. 1,400 crore), Ruchira Papers Limited (Rs. 1,137 crore), Topan Specialty Films Limited (Rs. 787 crore), Nestle India Limited (Rs. 583 crore), Happy Forgings Limited (Rs. 438 crore), Freudenberg Group (Rs. 339 crore), OEC Metcorp Limited (Rs. 309 crore) and Cargill India Private Limited (Rs. 160 crore).
Sond urged other entrepreneurs to start their industries in Punjab, assuring that the Mann-led government would extend full support to industrialists in every way.