Punjab

Manpreet Singh Badal envisions Punjab as most favoured investment destination

Punjab Tribune Bureau | August 18, 2019 03:28 PM

Exhorts entrepreneurs with roots in Punjab to act as State Ambassadors to attract more investment

CHANDIGARH: The Punjab Finance Minister Manpreet Singh Badal has exuded confidence that state was on the threshold of development owing to the formidable foundation laid by the Captain Amarinder Singh Government in the last two and half years.

Punjab would soon emerge as the most favoured investment destination which will transform the state's destiny and would positively impact the lives of its citizens, the Finance Minister said.

Interacting with a group of visiting entrepreneurs with roots in Punjab here at Udyog Bhawan yesterday evening, the Finance Minister said Punjab had taken huge strides in both traditional as well as IT and ITES sectors.

The state was on a right path and all set to leverage the good work done, the Finance Minister said adding that the investor-friendly policies had already firmed up investments worth Rs. 50,000 Crores since we took over in March 2017.

Highly appreciating the state endeavour for ensuring ease of doing business, the delegation expressed hope that this would lead in augmenting a fresh wave of investments in Punjab.

Earlier welcoming the delegation, ACS Investment Promotion Vini Mahajan said that it was high time to go for industrialization in a big way as Punjab's traditional agriculture economy had already reached a pleateau. She said efforts were afoot to propel industrial growth in the state as the enterprising youth coupled with congenial atmosphere was a redeeming factor to transform the conventional agriculture into high tech value-added agro-industry.

In a brief presentation, CEO Invest Punjab Rajat Aggarwal outlined various facets of the state's industry from manufacturing to high-end industry. He listed out major achievements of Invest Punjab besides encouraging distinct incentives/concessions being offered by the state government to the prospective investors.

Others present during the interaction included Director Industries and Commerce C Sibin and Joint CEO Invest Punjab Avneet Kaur.

The delegation was represented by  Regional Advisor JP Morgan Pvt Equity Group Avneet Singh Kochar, CEO Ecoline Surinder Lali Sahni, Founder & CEO, Bharat Light & Power Pvt. Ltd., Tejpreet Singh Chopra, Founder & CEO, DAU WAU and founder –edpurple, Gurmit Singh, Founder & CEO, Mountain Trail Foods (Chai Point) Amuleek Singh Bijral, Founder & Chief Creative Officer, Thinkstr Satbir Singh, Former CEO of Fortis Healthcare Bhavdeep Singh, Managing Director of Amul R.S. Sodhi,  Co-founder & MD, Mobikwik Bipin Preet Sigh, Founder & MD Solaron Homes Pvt. Ltd Harpreet Singh Tibb, Co-founder & MD, Nayar Group, Rajbikram Singh Nayar, Managing Director Metionics Mandeep Singh, Director Metionics Sandeep Singh, Director Metionics Gagandeep Singh. 

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