Punjab a preferred investment destination for companies, says industry minister

Punjab: has come a favored investment destination for the global enterprises in the last many times because of strong ecosystem and business friendly programs, state diligence minister Gurkirat Singh Kotli said on Sunday. In the last four-and-a-half times, investors from across the globe as well as those from different regions in the country have shown their confidence in Punjab, which has redounded in securing investments worth Rs crore in colorful sectors, he further said.

The sectors include bike, agri and food processing, logistics, medicinals, chemicals, fabrics, amalgamation and sword and engineering.”The investments are coming into the state from companies from different countries including the US, the UK, the UAE, Denmark, Germany, France, Spain, Italy, Japan, South Korea, New Zealand and Singapore, said Kotli He said Punjab has not only witnessed global enterprises investing in the state for the first time but also the being players have expressed their satisfaction and enthusiasm by expanding their presence and operations in the state.”The investors’ confidence in the growth story of Punjab, indeed in the times of the COVID-19 extremity, is a evidence to the state’s strong infrastructural and policy frame,” said the minister in an sanctioned statement.

Pertinently, the state government has made harmonious sweats in the last four and a half times to develop an ecosystem where both the domestic and global businesses can thrive competitively. Ahead of a two- day Progressive Punjab Investors Summit-2021 on October 26 and 27, Punjab Chief Minister Charanjit Singh Channi on Saturday met a delegation of German companies operating in the state The chief minister said the state laboriously promotes business, trade and structure development in cooperation with the assiduity. Channi said the investments of over Rs crore reflects the enormous confidence and trust in the conducive and sustainable ecosystem in the state to boost artificial exertion and produce humongous entrepreneurial openings and jobs for the state’s youth.

He impressed upon the assiduity from the length and breadth of the world to choose Punjab as a progressive mate being the most favored destination to realise their dreams. Channi further said that these consultations with assiduity would go a long way in perfecting the delivery of governance therefore icing ease of doing business in the state.

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