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Amarinder holds discussions with Ratan Tata

Written by: Staff
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Chandigarh, Mar 3 (UNI) Punjab Chief Minister Capt Amarinder Singh today held discussions with Tata Group chairman Ratan Tata for making foray in different sectors through pumping in huge investments in the State.

Mr Ratan Tata accompanied by the top brass of the Tata Group went through a presentation made by Chief Minister outlining the main features of the attractive industrial climate in Punjab, which had already drawn a record investment of Rs 56130.37 crore in 149 mega projects.

Taking part in the deliberation, Mr Ratan Tata said that he was highly impressed by the spectacular progress made by Punjab recently. He said that Tata Group was keen to make investments in various fields of interests keeping in view the investor-friendly climate in the state.

Mr Ratan Tata said that he would soon send teams of the senior executives to examine the feasibility of few projects proposals that were discussed in today's meeting so that modalities could be finalized before piloting these ventures.

He said that he was satisfied with the discussions not restricted to any specific project during the meeting and hoped for a positive out come in the near future.

Capt Singh assured Mr Ratan Tata that the State Government would extend all possible support and cooperation to the Tata Group for making investments in Punjab.

The CM pointed out that Punjab would certainly proved to be far more viable 'investment destination' due to its advantageous position in terms of logistics, congenial labour, excellent market network and ancilliration.

He thanked Mr Ratan Tata for taking personal initiative for selecting Punjab as the most preferred entrepreneurial destination in the changed scenario.

Describing the interaction with Mr Ratan Tata fruitful and forthright, Capt Singh said that Punjab was at the threshold of industrialization which would further get a fillip with the participation of Tatas as key players in the process of development and resurrection of state's economy.

UNI DP ARB BS1922

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