September 14, 2022
2 mins read

Punjab woos German investors

During his one-on-one interactions with industry at the event, he extended a warm welcome to the global industrialists to attend the Progressive Punjab Investors’ Summit scheduled for February 23-24, 2023….reports Asian Lite News

Punjab Chief Minister Bhagwant Mann on Monday embarked on a series of engagements in Germany to promote Punjab as a preferred investment destination and woo global investers into the state during the first day of his tour in the country.

The Chief Minister was invited by CEO of Messe Munchen GmBH, Reinhard Pfeiffer, to attend DRINKTEC 2022, the world’s leading trade fair for the food industry.

During his one-on-one interactions with industry at the event, he extended a warm welcome to the global industrialists to attend the Progressive Punjab Investors’ Summit scheduled for February 23-24, 2023.

During the event, Mann held deliberations with the key companies like Zepplin, Buehler, Pro Minent, Donaldson, Igus, Cipriani Harrison Valves, Pentair and others about various technology solutions pertinent for Punjab’s industry like oil seed processing machinery, industrial air filtration systems, purification technology, measurement of chemicals in water, tossing equipment for chemicals, conversion of biomass to energy, industrial water treatment and others.

During the parleys, the Chief Minister showcased Punjab as a land of opportunities and asked the companies to invest in the state.

He said Punjab has long been known as the food bowl of India and the food processing sector has significantly contributed to the progress of the state. “The state Government stands ready to fully support global industry in setting up their operations in Punjab.”

Describing Punjab as the most preferred destination for doing business, the Chief Minister said companies will be immensely benefitted by investing in the state.

He said the complete communal harmony, peace and amity were mainly responsible for overall development and prosperity in the state.

Mann urged the industrialists to make optimum use of this congenial atmosphere backed by excellent infrastructure, power, skilled human resources and best industrial and work culture to spread their business.

Extending a red carpet welcome to the industrialists, the Chief Minister said the state government was always open for new ideas and innovations to boost up the industrial growth in Punjab.

He envisioned that this visit will give a major boost to the process of industrialisation in the state. Mann said that the day is not far away when Punjab will emerge as the industrial hub of the country.

Meanwhile, giving an affirmative response to the Chief Minister, the leading companies assured him massive investments in the state.

ALSO READ: Tata to make iPhones in India?

Previous Story

Banking major Goldman Sachs set to cut jobs

Next Story

Ankita crashes out in the first round at Chennai Open

Latest from India News

India celebrates its diaspora 

Praising the Indian diaspora for its contribution in India’s growth, the PM said that it is due to their hard work that the country has become number one in the world in

Modi rallies diaspora for India’s 2047 vision 

Highlighting the diaspora’s achievements, PM Modi praised their contributions, noting that India is now the world’s top recipient of remittances, largely thanks to their hard work….reports Asian Lite News Prime Minister Narendra

More troubles await China in 2025 

As the new year unfolds, it is clear that both China and its global counterparts are in for a turbulent period. One key aspect to monitor closely will be the evolving dynamics

J&K shivers as cold wave tightens grip 

Srinagar had minus 4.3 degrees celsius, Gulmarg minus 8.1 degrees celsius and Pahalgam minus 10 as the minimum temperature on Friday. …reports Asian Lite News A cold wave continued to sweep across Jammu

Indo-Nepal forces tackle urban warfare, jungle survival 

The exercise features rigorous training in jungle survival, urban warfare, heliborne operations…reports Asian Lite News With focus on counterterrorism and operations in challenging terrains, the 18th edition of the Indo-Nepal Joint Military
Go toTop

Don't Miss

Impressive progress made by women of Punjab

Dr. Bedi’s pioneering work in police reform and community policing

Moderna not to send vaccines directly to Punjab

Garg said the reply was received from Moderna only in