"Punjab is coming with a world class semen bank at Nabha at a cost of Rs 130 crore and land for this purpose has already been earmarked," Badal said here at the on going agriculture summit.
Deputy CM said that the export of fruits and vegetables from Punjab was one of the top priorities of the state government and that it would work to increase export of Kinnow fruit as well as frozen vegetables.
Badal further said the state was ready to partner with institutions to enable Punjab farmers to upgrade their technology skills.
Answering a query regarding food processing, Badal said Punjab was focusing on food processing and that the new investment policy had already resulted in companies like ITC and Cargill deciding to establish processing facilities in Punjab.
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He said ITC is setting up Rs 800 crore food park near Kapurthala, which will cater the food processing requirements of north while Cargill will establish one of the biggest maize based Cattle Feed Plant at Bathinda.
PepsiCo Executive Director Vivek Bharti said agri processing was set to get a boost with the Punjab government providing the right atmosphere for establishment of processing units.
He urged private players to set up shops in Punjab, saying his company was procuring 70,000 tonne of potato annually.