The Punjab government on Thursday approved 19 mega projects worth Rs 4,457.77 crore in the state. Disclosing this a spokesperson of the chief minister's office said an empowered committee approved seven new manufacturing industrial mega projects worth Rs 2,492.04 crore in the state which would generate direct and indirect employment for about 62,691 persons, besides 12 agro based industrial units with an outlay of Rs 1,965.73 crore.
The mega projects approved under manufacturing category include the units of Nector Lifescience Limited at village Nabha (SAS Nagar) worth Rs 200 crore, Shasmanji Yarns Pvt Ltd at village Lakhowal (Ludhiana) worth Rs 144.82 crore, Vardhman Special Steels Ltd at village Jamalpur Awana (Ludhiana) worth Rs 134.97 crore, SEL Textile Ltd at village Punjaba-Lambi (Muktsar) worth Rs 1485 crore, Sportking Ltd at village Jeeda (Bathinda) worth Rs 303 crore, Supreme Texmart Ltd at village Kanganwal (Ludhiana) worth Rs 103.25 crore and Satlut Spintex Limited at village Gehle (Mansa) worth Rs 121 crore.
The mega projects approved under agro based industry include that of Pepsico India Holdings Pvt Limited, which proposes to set up a beverage manufacturing facility at village Zahura (Hoshiarpur) at a cost of Rs 205.84 crore, Soma Punjab Warehousing Pvt Limited to set up 12 agri godowns at different locations in the state with an investment of Rs 579.30 crore, Nasa Agro Industries Ltd to set up Agro Industrial Park worth Rs 353.15 crore at Fazilka, Soma Punjab Agro-Power Infra Private Limited to set up five rice mills with power co-generation facilities at different locations in Punjab with an investment of Rs 162.90 crore, extension unit of Sunstar Overseas Ltd of paddy processing at village Tangra (Amritsar) worth Rs 129.33 crore.
Further, it cleared extension unit of Pepsico India Holdings Private limited to set up potato chips manufacturing facility at village Channo (Sangrur) worth Rs 125.79 crore, Dunar Foods Ltd to set up expansion unit at its existing mega project at village Pandori Ran Singh(Tarn Taran), Saastha Warehousing Ltd to set up warehousing project at village Rail Majra (Nawansahar) at a cost of Rs 110.44 crore, Indian Sucrose Ltd to set up paper manufacturing unit worth Rs 101 crore at village Chack Alla Baksh, Mukerian (Hoshiarpur), Sampuran Agri ventures Pvt Ltd to set up a bio-fertilizer, power generation and cattle feed unit and other dairy farm activities at village Painchanwali (Fazilka) worth Rs 33.56 crore and Bajaj Basmati Pvt Limited to set up paddy parboiling and shelling unit at Jalalabad (Ferozepur) with an investment of Rs 30.56 crore.