Punjab Deputy Chief Minister Sukhbir Badal on Tuesday finalised a plan under “Progressive Punjab-Investors Meet”. Under this, Sukhbir would lead a delegation to Bengaluru, Taiwan, Delhi and Mumbai to woo industrial giants for setting up of their units in the State.
Sukhbir, in a high level meeting, said that Punjab had fixed a target of `10 lakh crore investment in coming two years. He also gave his nod to hold an industrial meet in Bengaluru on October 1, Taiwan from October 6 to 10, Delhi on October 17 and Mumbai on October 23.
Sukhbir said that he would personally meet and apprise the CEOs and MDs of top Indian and Taiwanese industry about the incentives being offered to the industry by Punjab.
“As Punjab’s industrial policy has received a massive response from the industry sector, now the State would launch a sustained campaign to showcase the facilities being provided to industries to usher a new era of development. Punjab Government would provide all clearances online from November this,” he added.
Describing Punjab an easiest investment destination in the country, he said that the State was on the verge of realizing its dream of Industrial Revolution while 90 per cent of its power surplus dream had been achieved as three units of under construction thermal plants would be operational by December this year.
“After December, the power tariff would automatically decrease in the state,” he added.