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05/12/2019 12:11pm

Punjab is all set for 'Progressive Punjab Investors Summit' beginning on Thursday

image Punjab is all set for 'Progressive Punjab Investors Summit' beginning on Thursday

Chandigarh, Dec 5 (KNN) Punjab is all set for the two-day 'Progressive Punjab Investors Summit' commencing on Thursday with Micro, Small and Medium Enterprise (MSME) sector on the centrestage of the global value chain to give a push to investment especially after the state announced its ‘Make in Punjab’ policy.

Chief Minister Capt Amarinder would himself participate in an interactive session to put the MSMEs sector on centre-stage and highlight their importance. 

The MSME session on the opening day will see an address by the Union secretary, department for promotion of industry and internal trade. The panel for this session, including representatives from World Bank and UNIDO, Sandhar Technologies, Capital Small Finance Bank and Fresh F&V and Frozen Food, ITC, will set the tone for the theme of the summit.

Vini Mahajan, Additional Chief Secretary, Industry and Investment Promotion said that these relaxations will make Punjab a perfect place for investment.

''Punjab summit would differ from other states as it would not focus on any investment-based MoUs,'' she added.

The government claimed that despite slowdown, Punjab had delivered strong numbers in industrial investment and growth.

Rajat Aggarwal, CEO, Invest Punjab said the fact that Punjab had seen 18 per cent increase in new power connections and 26 per cent rise in total power consumption (over last year) showed that the state’s secondary sector was “robust and growing”.

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