Work commences on country's second largest steel plan of Tata Group in Ludhiana

| | Mumbai/ Chandigarh
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Work commences on country's second largest steel plan of Tata Group in Ludhiana

Wednesday, 25 January 2023 | PNS | Mumbai/ Chandigarh

The work on setting up of scrap-based steel plant by Tata Steel at a cost of Rs 2600 crore kicked off on Tuesday in Ludhiana, Punjab chief minister Bhagwant Mann said during a meeting with the representatives of the Tata group on Tuesday.

 “This is just the beginning as we deliver, what we say and the day is not far when we will make Punjab a frontrunner state in the industrial growth across the country”, he said in the meeting. 
 
While congratulating the Tata group for starting work on this ambitious project, Mann assured fulsome support and cooperation to them in this cause and said that this project is first ever investment made by this globally acclaimed company in the state and the second biggest in the country after Jamshedpur. He expressed hope that investment by this major industrial group will further put the state on a high growth trajectory of industrial development besides opening new vistas of employment for the youth.

The Chief Minister described it as a ‘Dawn of New Era’ as earlier the Memorandum of Understanding (MoU) were confined upto paper only whereas now the actual work has started to give fillip to progress of the state.  He said the youth of the state will be immensely benefited from this project, which will play a key role in restoring the pristine glory of the state. He said that the Tata Group is investing around Rs 2600 crore in the first phase of the project coming up at Ludhiana, adjacent to the Hi-Tech Valley Industrial Park of the Government of Punjab. Bhagwant Mann envisioned that this prestigious project will prove to be a milestone in propelling industrial growth in the state.

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