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Punjab govt to spend Rs 21.84 crore to facelift 4 industrial focal points in state

Updated: Oct 17, 2018 10:27:09am
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Punjab govt to spend Rs 21.84 crore to facelift 4 industrial focal points in state

New Delhi, Oct 17 (KNN) In order to facilitate the industrial development in Punjab, the state government has decide to spend Rs. 21.84 crore on giving facelift to the four industrial focal points in the State, said Sunder Sham Arora, Industries and Commerce Minister.

Committed to the industrial development of state, he said that Rs. 6.70 crore would be spent on the renovation and facelift of the industrial focal point phase -4 Ludhiana, Rs. 9.57 crore on the renovation and expansion of the industrial focal point Jalandhar, Rs. 3.09 crore on the renovation of the industrial focal point Bathinda and Rs. 2.48 crore on the facelift as well as the development of the industrial focal point Mandi Gobindgarh.

Besides, for the development and renovation of 4 more industrial focal points in the state Arora added that a proposal has been forwarded to the MSME New Delhi, which are likely to cost around Rs. 38.28 crore.

Under this proposal, the industrial focal points at Amritsar, Pathankot would be developed at a cost of Rs. 10.39 crore and Rs. 10.14 crore respectively, he added.

While the industrial focal point Goindwal Sahib phase one and two would see Rs. 9.13 crore being spent on their renovation and the industrial focal point Chanalon would undergo transformation at a cost of Rs. 8.62 crore.

On this initiative, Additional Chief Secretary, Industries and Commerce department, Vini Mahajan said that the Punjab Small Industries and Export Corporation (PSIEC) is undertaking special measures aimed at constructing the newer ones and repairing the older ones.

He said “PSIEC under the industrial infrastructure development up gradation scheme of the Union Government is readying a new industrial park at Nabha for the construction cluster and the park would come up at a cost of Rs. 44.26 crore and would be spread in a total area of 83.81 acres.”

PSIEC is establishing a hi-tech cycle valley at Dhanansu in Ludhiana which would cover 350 acres area and would cost Rs. 500 crores approximately, he further added.

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