Ad Here  
Pharma market dozes Curbing steel imports will hurt small business... Four daughters and a proud father ECGC expands operations Veritas Finance- financing the unfinanced Waste, a gold mine TII’s single largest investment at Thiruthani An aerospace-defence cluster in Tamil Nadu… Digital retail transactions stabilise at higher level… Schwing Stetter India joins hands with US-based Gomaco Durga - India’s largest blast furnace; now operational TVS Logistics – another acquisition to sharpen the business model A global plastic event in India Celebration time at MS Chola Airlines wage price war Economic, business and social sustainability Secured NCDs from Shriram City WABCO’s second Chennai plant SumInfra- corridor based development... Chola MS launches motor app More gensets and diesel engines from TAFE ALL – truck industry is recovering from degrowth Ridley marathon to India Creating Tamil Nadu Banana brand Applauding enterprise... Realising double digit growth in Tamil Nadu Big-ticket investments march towards Punjab World labour laws at a glance Nothing to hide... Nigeria comes nearer Changing dynamics in human resource management The new look- 4s Verna Focus on self-certification and third party inspection Adding Zest to Scooty Housing Innovation Challenge, 2015 OBO Bettermann for better lightning protection AirAsia India infuses funds to fight out competition Automotive Vision Plan II... LVB gears to become a financial supermarket Tata Steel commence operations at Kalinganagar TII-challenging year with flat growth Rating of states to be released soon CUB: towards card-less withdrawal Industry-well poised to invest on expansion Hyundai excites again Carrefour’s quick exit Apple maps – finding its way Connecting the unconnected Sun Edison launches solar pumps Climate change may change the way businesses work... Reality bytes Dynamic e-commerce scenario ISRO's 100th mission Auto test tracks launched at GARC Oragadam campus Flexible labour laws… Innovation that helped Chennai port Well-refined – RIL’s refinery margins zoom Strategy war escalates between Hero and Honda European crisis is a global crisis! Backpack laboratory Indian Bank – global businesses crosses Rs 3 lakh crore... Economic issues take a back seat at G20 summit - Hero Motocorp - smooth ride TiE applauds innovative entrepreneurs Chennai to get a roundabout Metro Realty sector takes a break... On the ‘milky’ way Chola MS net crosses 100 crores TN budget pragmatic and moderate on fiscal deficit Is Indian telecom industry heading for a monopoly? Three more leather clusters… TCS’ revenues cross Rs 100,000 crore Illicit markets a concern to growing economy Murugappa- a year of consolidation Steel loses its sheen IFCI to raise NCDs upto Rs 2000 crore Chennai will soon get its World Trade Centre Smart controls for cooling large multi-zone spaces ... Blue Star plans a new plant in south Brand leaders come forward... Celebrating 180 years of relevance STFC raises money Need to focus on ease of doing business... Bridging the skill deficit in pharma industry People Flow Day- Safety ALL-two launches in a row When Centre visits the state TOP 10 CEO Compensation Placing the right shoe forward... ALL to launch electric busses Striking cords for 25 years… Techies trip to India Gem of social service... Investor friendly Japan Purdue and IIT-M sign the dotted line Chennai Port is at last decongested! Time to fast-pace the logistics sector Business Breif Indigo stays leader with 40 per cent share Business Briefs Make way for the new and dynamic railways Downsizing spree... Scoot offers just Rs.13,500 to ANZ... Inclusive and forward moving... Holiday Inn opens in OMR Chennai Towards peace of mind Research needs more funding An American alliance in the chemical industry? BRICS development bank
Big-ticket investments march towards Punjab

The promise of fresh investments from major Indian business houses like DLF and Adani Group and  more investments from Reliance Industries and ITC Ltd. were made at the Punjab Global Investors’ meet.

Total investments signed in this two-day period accounted for Rs 1.13 lakh crore. This is more than the Rs 63,000 crore investments promised in 2013. Out of the 63,000 crores promised then, only Rs 41,000 crore got germinated. These investments are expected to create 2.5 lakh jobs in the state. The government has also announced a startup fund of $15 million for young entrepreneurs to create a vibrant environment for startups.

Deputy Chief Minister Sukhbir Singh Badal said:  “Punjab was known as a producer of foodgrains, but it should also be able to add value to its produce. To make Punjab a hub for the agro processing industry, I decided to waive all input taxes of agro-processing industry.”

Outlining the roadmap for Punjab, ICICI Bank CEO, Chanda Kochhar said: “we would leverage technology to collaborate with the government in its e-governance initiatives. We plan to expand our skill development initiatives for the under privileged youth through ICICI Academy for Skills by setting up a 30,000 sq ft skilling centre.”

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236