New Industrial Policy To Be Notified Soon: Mittal

Web Admin

5 Dariya News

Chandigarh , 05 Nov 2013

The New Industrial Policy of Punjab would be notified soon which would provide imputes to the industrialization in the state. Disclosing this here today Mr. Madan Mohan Mittal, Industry and Commerce Minister, Punjab said that Punjab’s industrial policy had received a huge response from the industry sector. The Punjab government would provide various tax incentives and exemption in electricity duty, stamp duty and property tax to attract the new industries in the state. Mittal further said that the Punjab government was trying to attract industry and approaching various top industrial houses of country, in this concern a delegation in the leadership of deputy Chief Minister Mr. Sukhbir Singh Badal has recently visited various locations like Bengaluru and Mumbai to persuade the industrial houses. He said that the Korean Companies were also showing keen interest to investment in Punjab as reserve bank of India has declared Punjab the 3rd best investment destination in the country. He said that the first Progressive Punjab Global Investor’s Summit 2013which would be held at Mohali on December 9th and 10th this year, in which we would be showcasing all our strengths which make Punjab one of the most favored destinations in the Country. He said that top industrial houses have given their consent to participate in this Investor’s Summit 2013.