Ludhiana: As a precursor for two progressive days of Punjab Investors Summit-2021 on 26 & 27 October, Minister Punjab Chararjit Singh Channi on Saturday met a German company delegation operating in the country.
In particular, the minister’s chairman had a similar interaction a few days ago with a leading industrialist based in Punjab and once again met more industrialists on Monday because of their valuable advice and feedback before the Progressive Punjab investor summit.
During the meeting, CM said that the state was actively promoting business development, trade, and infrastructure in partnership with this industry.
Channi said investment was more than RS.
99,000 Crore reflects enormous trust and trust in the ecosystems that are conducive and sustainable in the state to increase industrial activity and create human entrepreneurial opportunities and employment for the country’s youth.
He was impressed by the industry of the length and the breadth of the world to choose Punjab as a progressive partner into the most preferred goal to realize their dreams.
Furthermore, Channi said that this consultation with the industry will run far in increasing the delivery of governance, ensuring the ease of doing business in the state.
During the meeting, the company representatives shared operating experiences in Punjab.
Indian vibracoustics president, Jagminder took to know that the overall efficiency of operations at their Punjab factory is equivalent to other plants located in Germany.
Meanwhile, MD, Claas India, Right Sriram gives the main minister that strong connectivity and peaceful working relationships without the condition of the domicile in Punjab are very encouraging for the industry.
Managing Director, Indian Verbio, Ashish Kumar told the minister’s chairman about the progress of their first factory that appeared in the sangrur where they had invested more than Rs 200 CR compared to the initial plan around Rs.70 CR.
He also mentioned that verbio would replicate the same model in various locations in Punjab with PEDA support and invested punjab in the near future.
The chairman of the minister assured that the state government would expand support and cooperation that praised MNC and CEOs directed at investing Punjab, agarwal, to extend facilitation on time to all international and national companies in expanding their business in the state.
Stand out among others who attended the meeting including the main secretary for CM Hussan Lal, promotion of the principal secretary promotion Tejveer Singh, Secretary of the Special School for CM Kamal Kishore Yadav, Investing CEO Punjab Rajat Agarwal and Main Secretary for Jorwal Jitender CM.