The industry promises full support to the government of Punjab

Mohali, December 6 () The main industrialists on Friday pledged full support to the Punjab government to make it a leader in the country's industrial map.

They also urged Punjab Prime Minister Amarinder Singh to put growth in textiles and clothing, food processing and agri-food, steel and other sectors on the fast track in view of the immense potential in these verticals.

A session on the final day of the Punjab-2019 Progressive Investors Summit highlighted the solid industrial base of the state along with a peaceful and skilled workforce.

Participants urged the prime minister to accelerate the pace of development in these key sectors with the support of his government.

The session was moderated by Dr. Vardhman Special Steel Sachit Jain, and the panelists were the Vice President of the AS Mittal International Tractor, the President of the Trident Rajinder Gupta Group, the Dr. of the Nahar Kamal Oswal Group, the President Bunge India Samir Jain and Air Asia CEO Sunil Bhaskaran.

Most panelists provided full support and cooperation to the state government in their effort to make Punjab a leader in the country's industrial map.

At the start of the discussion, Sachit Jain said that Punjab had a strong industrial ecosystem, which could play a leading role in promoting the industry, especially in the manufacturing sector.

He noted that the state had ample room for the growth of IT and ITeS, especially in light of the new industrial policy.

By participating in the deliberations, Trident Rajinder Gupta said that he had made large investments in his textile units in the Barnala district, in addition to investing about Rs 10 million in education for the well-being of children and women in the rural sector as part of your corporate social responsibility.

Mittal shared his experience with the Japanese company Yanmar, which has led to a remarkable improvement in the quality of the manufacturing facilities at Hoshiarpur.

He also stressed the need to encourage Japan-based suppliers and vendors to invest in local MSMEs that deal with auto parts, in order to improve the quality of their products in accordance with international standards.

Oswal said Nahar Group was establishing a logistics park in a 45-acre area at a cost of Rs 300 million rupees in Ludhiana, in addition to another industrial park in a 100-acre area at a cost of Rs 2,000 crore to house the green industry - IT&ITeS, with housing facilities, shopping centers and retail.

In another session, the industry requested more international flights from the state to take advantage of its enormous potential to emerge as a medical tourism center.

The only thing the Punjab government should do is to pressure the Union government to bring more direct international flights in the state from CIS countries, such as Uzbekistan and Kazakhstan, and to serve NRI populations in the US. The US, Canada, the United Kingdom, Australia and New Zealand to attract patients, delegates said. The United Arab Emirates trade attache to India (Plenipotentiary Minister), Ahmad Sultan Al Falahi, said that the growing economic and trade relations between the United Arab Emirates bring valuable stability and strength to bilateral relations between the two countries. CHS BAL BAL

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