Punjab Government has recorded sales revenue to the tune of Rs 40 crore through e-auction of industrial and commercial plots developed by Punjab State Industries and Export Corporation (PSIEC) even during the ongoing COVID phase.
Disclosing, the state Industries and Commerce Minister Sunder Sham Arora on Thursday said that state government’s nodal agency for the development of Industrial Estates, PSIEC, had launched e-auction of industrial plots and commercial sites located in its Industrial Focal Points across Punjab in Abohar, Amritsar, Batala, Bathinda, Chanalon (Kurali), Goindwal Sahib, Kapurthala, Ludhiana, Malout, Mandi Gobindgarh, Mohali, Mukatsar, Naya Nangal, Nawan Shehar, Nabha (New), Pathankot, Tanda, and Raikot.
“The auction received encouraging response from budding entrepreneurs and investors for industrial and commercial properties located in Ludhiana, Mohali, Amritsar, Abohar, Pathankot, Bathinda, Chanalon and Malout,” said the Minister.
The state Additional Chief Secretary (Industries and Commerce) Vini Mahajan said that overwhelming response was received in the auction, especially with regard to commercial properties of PSIEC located in Mohali, Ludhiana and Amritsar.
“PSIEC is planning to shortly launch another auction of prime industrial, commercial and residential properties located in Industrial Focal Points across the State,” he said.