Chandigarh: Tata Group expressed interest in investing in infrastructure development in Punjab, including industrial, urban and power projects. According to a statement from the state government, representatives of Tata group companies met officials of the state government, led by Deputy Chief Minister Sukhbir Singh Badal, to discuss projects.
This is the first time that Tata group companies have collectively visited a state to discuss investment opportunities, Ravi Kant, vice chairman of Tata Motors, was quoted as saying in the statement. Inviting the Tata group to become a partner in the state’s progress, Badal said Punjab has come out with an industrial policy that offers incentives to investors based on their efficiency and productivity.
The state has planned holistic development of 147 cities, which offers investment opportunities for the Tata group. The city development projects include water supply, sewerage connectivity, power distribution, road development, solid waste management and street lighting.
EPC World News Bureau
The post Tata group evinces interest in Punjab infra development appeared first on EPC World.