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