In a bid to attract industrial investments of Rs 10 lakh crore in the next two years, Punjab government has decided to hold investors' meet in Taiwan, Bengaluru, Delhi and Mumbai next month.
In a high level meeting here today, Punjab Deputy Chief Minister Sukhbir Singh Badal said the state government has fixed a target of Rs 10 lakh crore investment in the coming two years and will lead a delegation to woo industries for setting up projects in the state.
Badal gave his nod to holding an industrial meet in Bengaluru on October 1, followed by another meet at Taiwan from October 6 to 10 and then in Delhi on October 17 and finally in Mumbai on October 23.
Badal said he will personally meet and apprise the CEOs and MDs of top Indian and Taiwanese industry about incentives being offered to the industry by Punjab.
"The state will launch a sustained campaign to showcase the facilities provided to industries to usher a new era of development," he said adding the state government would provide all clearances online from this November.
Describing Punjab as a favourite investment destination in the country, Badal said the state is on the verge of realising its dream of industrial revolution and will turn power surplus by December this year.
"After December, power tariff will automatically decrease in the state," he claimed.
