Sukhbir Singh Badal, Deputy Chief Minister, Punjab has created a history by adding significant chapters in investments sector in the state by holding maiden Progressive Punjab Investment Summit with a view to realize massive industrial, economic and investment transformation in Punjab. Giving final push to the ongoing preparations for first of its own kind Progressive Punjab Investors Summit at Indian School of Business Mohali, Mr. Badal said this initiative of Punjab Government would give further momentum to pace of industrial and economic growth of the state since Punjab has simplified the process of doing business here. “This Summit will serve as the change catalyst for the state and its industries, which will also showcase the options that why Punjab is one of the most preferred investment destination in the country.” Disclosing details of Industrial Captains participating in the summit, Mr. Badal said that recently he visited Taiwan, Bengaluru, Mumbai, New Delhi and Gurgaon to woo the industrial investment for state, which has brought fruit. He said that the summit will witness the participation of business leaders of country including Mr. Mukesh Ambani, Chairman and MD Reliance Industries, Mr. L.N. Mittal, Chairman and CEO of Arcelor Mittal, Mr. Y.C Deveshwar, Chairman ITC, Mr. Malvinder Singh Executive Chairman, Fortis Healthcare Ltd, Mrs. Kiran Mazumdar Shaw Chairman & MD, Biocon Ltd, Mr. S.P Oswal Chairman and Managing Director Vardhman Group, Mr. Sunil Kant Munjal, Joint MD Hero MotoCorp, Mr. GVK Reddy, Chairman and MD, GVK, Mr. Ravi Kant, Vice Chairman, Tata Motors, Mr. Ira Gumberg, President and CEO, Gumberg India Pvt. Ltd, Mr. ArunSawhney, CEO and MD, Ranbaxy and Mr. Manmohan Shetty, Promoter, Adlabs etc.
The Deputy CM also informed that the Summit would give a boost to emerging IT Hub of North India Punjab in sectors including Electronics, Textiles, Housing, Renewable Energy, Biosciences, Healthcare, Agro and Food Processing etc since the Captains of these sectors have evinced their immense interests to invest in Punjab. He said that not only from India but world renowned Industrial houses would also be participated the summit from Europe and North America. Briefing about the schedule,
Badal said summit would commence with the exemplary exhibition showcasing Punjab as one of the best investment destination in the country. He said first session would include housing, infrastructure and renewable energy with a theme: propelling sustainable infrastructure followed by biosciences and healthcare session with theme revolutionizing Punjab’s healthcare and bioscience industry. He said that third session would be focused on Information Technology with a theme Punjab emerging IT/TeS and Electronic Sector destination in the country. He also informed that agro and food processing session would take place with a theme beyond the green revolution while a cultural show would also take place in the evening. He said on the next day December 10 the first session would be Light Engineering and MSME having theme towards engineering excellence followed by Focus Taiwan-business opportunities with Taiwan. He said that textile session with theme textile sector in Punjab from fiber 2 fashions and next session would be Skills with theme skilling Punjab for inclusive growth.
Punjab Revenue Minister,Bikram Singh Majithia meanwhile visited Indian School of Business to oversee the ongoing arrangements and preparations and expressed satisfaction. He informed that parallel to the main session, sector specific sessions have been planned, which will showcase the sector-wise opportunities available in the state. He said that each session will be chaired by a sector expert from the industry while summit will focus on opportunities for investors in sectors like Information Technology, Hardware & Electronics, Agro and Food Processing, Textiles and Light Engineering. He said exhibition has also been planned at ISB grounds, where almost 40 state companies have created stalls showcasing their products. He said that about 30 International companies from Italy, Taiwan, France, Germany and USA will be participating this two day mega ‘business meet’ and for all the delegates, arrangements have been made in some of the prominent hotels of the city.Mr. Majithia said this sincere effort of Punjab government would showcase the unlimited opportunities present in various focus sectors and this will provide the right platform for the investors to realize the right opportunities. He said that as Punjab is amongst one of the leading states of India, in terms of all requisite availabilities, it would get a massive leap in industrial growth in coming years.