To attract more investments and create employment opportunities in Punjab, the State Government has decided to focus on agro and food processing, IT, biosciences, healthcare, textiles, electronic hardware, automobiles, garments, sports goods and leather industry generating about 1.5 lakh direct and indirect job opportunities in next two years.
Besides, the Government has also given its nod to setup private industrial parks in the State vis-à-vis developing e-commerce and banking hubs at SAS Nagar (Mohali).
The decisions were taken by the Deputy Chief Minister Sukhbir Badal, who is also Punjab Investment Advisory Council chairman, on Thursday during a brainstorming session with ace industrialists to realise the dream of making Punjab a most favoured investment destination.
Inviting the industrial giants to promote ‘Make in Punjab’, he emphasised that being agrarian State, Punjab has immense potential to exploit in every sector and offered all support to set up ventures.Sukhbir asked the Chief Secretary and Punjab Bureau of Investment Promotion CEO Anirudh Tiwari to submit a proposal for amendments in labour laws and other issues related to the industry by December 15.
He also asked Tiwari to curtail the time limit for provisioning of all clearances and NoCs from 41 days to less than a month.In detailed deliberations to encourage food processing industry in the State, Sunil Kant Munjal of Hero Group suggested to setup a cluster of food parks and to promote organic farming as more than 20,000 acres of land were already under the same.