Great India Drive

Punjab team reaches out to Infosys co-founder, Volvo president

| | Chandigarh/ Bengaluru
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Punjab team reaches out to Infosys co-founder, Volvo president

Saturday, 31 August 2019 | PNS | Chandigarh/ Bengaluru

nA delegation of ‘Invest Punjab’ jointly led by Punjab Finance Minister Manpreet Singh Badal and PWD and Education Minister Vijay Inder Singla on Friday urged the Infosys co-founder and Non-Executive Chairman Nandan Nilekani and Volvo Group president and managing director Kamal Bali to make investments in Punjab.

Showcasing Punjab as the ‘land of enormous opportunities’, the delegation called on Nilekani to exhort him that a multinational company like Infosys should come forward to establish a big ticket project in Punjab.

Nilekani evinced keen interest to develop start-up ecosystem by Infosys in view of the excellent IT and ITES infrastructure existing in the IT city Mohali as informed by the delegation.

Later, the delegation called on the president and MD of world renowned luxury vehicles manufacturing group Volvo Kamal Bali.

During the deliberations, the delegation impressed upon Bali to setup a Volvo Design Centre and a Service Centre in Punjab besides opening a Skill Development Centre to impart basic training to drivers for honing their driving skills so as to enable them to be gainfully employed across the globe.

Taking part in the deliberations, Manpreet apprised the Volvo Group president that the Punjab Government has made rapid strides in the industrial sector and subsequently the lucrative incentives or concessions being offered by the State have further given impetus to the investment sentiment in Punjab.

He said that the congenial investment climate coupled with the investor friendly State Industrial and Business Policy has revived the industrial growth in Punjab, which was reflective from huge investments worth over Rs 50,000 crore since the new Government assumed office in March 2017.

Manpreet also promised to extend wholehearted support and assistance to the investors to getting their investment plans fructified.

PWD and Education Minister Singla said that the New Industrial Policy has propelled the state into the orbit of high growth trajectory and Punjab would soon emerge as the leading state on the country’s industrial map.

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