Chief Minister Bhagwant Mann Monday held meetings with various industrialists and business tycoons in Chennai and invited them to invest in Punjab. Mann who was on two-day tour to Chennai and Hyderabad held a series of meetings while promoting Punjab as a preferred investment destination.
The Punjab CM held one-on-one interactions with the captains of the industry, including MD of Murugappa Group and Chairman Tube India Investments Arun Murugappa, board member of Ashok Leyland Gopal Mahadevan and chief executive officer of Tafe group Sandeep Sinha, an official statement said.
The discussions ranged from potential collaborations in auto components, vehicle manufacturing, healthcare, skill development, agricultural implements, logistics and warehousing, renewable sources of energy, research and development and others, it further said.
Mann highlighted various areas of strength and advantages Punjab has for becoming a manufacturing hub for companies from overseas as well as those based in different parts of India.
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The chief minister said that his government is working towards providing a seamless experience for new industries and investors setting up their businesses in Punjab.
He said the simplification of processes such as the single window system and time-bound incentives have been paramount in attracting entrepreneurs and corporates alike.
The chief minister also invited all the industrialists to attend the Progressive Punjab Investors’ Summit scheduled to be held from February 23-24.