DUE TO CONCERTED EFFORTS OF STATE GOVERNMENT GLOBAL BUSSINESS TYCOONS MAKING BEELINE TO INVEST IN STATE: CM

ENVISIONS THAT PLANT WILL IMMENSELY BENEFIT THE FARMERS OF STATE BY SUPPLEMENTING THEIR INCOME

SAYS THE PLANT IS A BIG SLAP ON THE FACE OF THOSE WHO USED TO SAY PUNJAB WILL GET NO INVESTMENT

SHOWCASES PUNJAB AS THE MOST PREFERRED INVESTMENT DESTINATION

Rajpura (Patiala), October 1-

Punjab Chief Minister Bhagwant Singh Mann on Sunday said that due to strenuous efforts of the state government global Bussiness tycoons are making beeline to invest in state.

Addressing the gathering after laying foundation stone of a Netherland based cattle feed plant, the Chief Minister said that Farmers in Punjab and Haryana cultivating traditional crops are looking for ways to diversify their crops, or shift to horticulture, dairy, poultry, fishery, piggery and others for better earnings. He said that De Heus, a top 10 global animal feed company from The Netherlands, Northwestern Europe, has set up this plant and brings hope to such farmers by setting up Rs 138 crore state-of-the-art plant in Rajpura, Punjab to produce quality animal feed. Bhagwant Singh Mann envisioned that it will bring best farm practices to help them increase their earnings.

The Chief Minister said that this is the first major investment by a Dutch company in Punjab. He said that the Netherlands is known to be the second largest exporter of agricultural products in the world. Bhagwant Singh Mann said that this plant will produce a full livestock product portfolio of compound feed, concentrates, base mix and dairy mineral mixes.

The Chief Minister said that in the first phase, to be realized in first quarter of 2025, the plant will produce 180 kilo metric tons (kMT) of animal feed, with a potential to increase it to 240 kMT. He said that the factory will have two dedicated lines for the production. Bhagwant Singh Mann said that last year he had promised to rope in investment and due to concerted efforts of the state government the captains of investment are coming in state.

The Chief Minister said that Punjabis are born entrepreneurs and leaders due to which they have proved their mettle across the globe. He said that the hard work and resilience of the Punjabis is unmatched due to which they excel in every sphere. Bhagwant Singh Mann said that the state government is making all out efforts to utilise this spirit properly for progress of the state.

The Chief Minister said that due to concerted efforts of the state government investment worth Rs 50840 crore has been roped in for the state. He said that Tata Steels has made biggest investment in the state after Jamshedpur adding that other companies like Jindal Steel, Virgio, Class, Tafe, Hindustan Liver and others are making investment in state. Bhagwant Singh Mann said that with this 2.25 lakh youth will get employment in the state adding that the project is a big slap on the face of those who used to say that state will not get any investment.

The Chief Minister said that now the state has industrial friendly government with real single window system. Bhagwant Singh Mann said that this system was earlier a sham as no one utilised it in real sense. He said earlier the MoU were signed with families but now with the state and its people.

The Chief Minister envisioned that this plant will act as a catalyst to supplement the income of the farmers.   Striking an emotional chord with the people, he said that like Punjabis, the Dutch people are hard working and resilient. Bhagwant Singh Mann said that this collaboration will help the people of both the countries to excel in this field and script a new success story of economic growth.

The Chief Minister envisioned that these industrialists will become the brand ambassador of state  for emerging it as an industrial hub across the globe. He said that the state government has provided the most Conducive environment to the industry in the state. Bhagwant Singh Mann said that a Punjabi is a born entrepreneur and everyone of us must make efforts to put state on high orbit of industrial growth trajectory.

The Chief Minister said that Punjab is a land of opportunities and the gateway of the country. He said that entrepreneurs from across the world will also be immensely benefited by investing in the state, which is rapidly emerging as the industrial hub of the country. Bhagwant Singh Mann said that Punjab has complete communal harmony, industrial peace coupled with congenial atmosphere for industrial growth, which are giving impetus to its overall development, prosperity and progress.

The Chief Minister said that the industrialists should make optimum use of this congenial atmosphere backed by excellent infrastructure, power, skilled human resources and best industrial and work culture to spread the business of their companies in the state.Extending a red carpet welcome to the industrialists, he said that the state government is always open for new ideas and innovations to boost up the industrial growth in Punjab. Bhagwant Singh Mann said that due to concerted efforts of the state government Punjab is rapidly scripting a new success story in every sphere.