New Delhi, Nov 26 (KNN) State government is fully committed to evolve every step necessary to ensure more and more investments in industrial sector in Punjab, said Sunder Sham Arora, Industries and Commerce Minister, Punjab.

He said this after inaugurating Punjab day celebrations, during the ongoing India international trade fair-2018.

He said that the government has notified business and industrial policy-2017.

Under which 143 MoUs have been signed with renowned industrialists of the country focusing on investment to the tune of Rs 4,335 crore, he added.

He mentioned that this step will play a pivotal role in strengthening the industrial sector in Punjab and would generate employment opportunities on large scale as well.

Punjab bureau of investment promotion has been established as one-stop authority for approving new commercial and investment proposals, he said.

Arora mentioned that state has recently launched business first portal website to provide platform for regulatory services.

Arora added that the state government has also constituted district level micro small enterprises facilitation counsels in seven districts.

“The state government’s main focus is to make the industrial sector as pivotal driver for strengthening the state’s economy and make it able for contribution in creating job opportunities,” he said.

The main aim of the new industrial policy is to strengthen the economy of Punjab and the government is fully committed to evolve every step necessary for ensuring the same, he mentioned.

Arora said the state government is also giving special emphasis and providing incentives to the investors for the development and promotion of tourism in the state.