The chief minister was speaking at the ground-breaking ceremony of the upcoming business centre at QuarkCity, Mohali.
He lauded the project as a "future home" for world class Information Technology (IT) and Information Technology-enabled services (ITES) companies by providing congenial work atmosphere.
The chief minister lamented that Punjab's industry had been "ruined by the apathy of the previous government, which completely ignored the state's growth and development".
Pointing out that his government was according the highest priority to the industrial development of the state, he described the QuarkCity as an important project to boost Punjab's industrial development.
"With IT contributing one-third of the 350 billion dollars worth of India's exports, this was a great opportunity for Punjab to join the IT bandwagon," he added.
Disclaimer: No Business Standard Journalist was involved in creation of this content