Tuesday, December 30, 2025
ADVT 
India

Punjab Seeks Investment From Infosys, Volvo

Darpan News Desk IANS, 30 Aug, 2019 09:07 PM

    Punjab Finance Minister Manpreet Singh Badal on Friday called on Infosys co-founder and non-Executive Chairman Nandan Nilekani and Volvo Group Managing Director to seek investments in his state.


    Nilekani evinced interest to develop a start-up ecosystem in view of the excellent infrastructure in the Information Technology city Mohali, an official statement said.


    During the deliberations, the delegation, also comprsing Public Works Minister Vijay Inder Singla, impressed upon Bali to setup a Volvo design centre and a service centre in the state, besides opening a skill development centre to impart basic training to drivers.


    The Finance Minister apprised the Volvo Group President about incentives and concessions being offered by the state.


    The congenial investment climate coupled with the investor-friendly state industrial and business policy has revived the industrial growth in the state, which was reflective from huge investments worth over Rs 50,000 crore since this government assumed office in March 2017.


    Highlighting the other initiatives, the minister said the Invest Punjab was a 'One Stop Office' for providing regulatory clearances on fast track and extending investment support to the prospective investors and entrepreneurs.


    Additional Chief Secretary, Investment Promotion, Vini Mahajan assured all support and cooperation to the investors and industrialists.

    MORE India ARTICLES

    It's Pak's Loss: B'wood On Film Ban Across Border

    After Pakistan government announced the banning of Indian films from its cinemas across the nation, members of the Indian film fraternity say it does not make any difference to India and that it is Pakistans loss.

    It's Pak's Loss: B'wood On Film Ban Across Border

    Beer Baron Vijay Mallya's Son Celebrates A Year Without Alcohol!

    Fugitive liquor baron Vijay Mallya may have made a fortune selling beer but his son Sid Mallya is currently celebrating his first anniversary of being alcohol-free.

    Beer Baron Vijay Mallya's Son Celebrates A Year Without Alcohol!

    PV Sindhu Only Indian On Forbes List Of Highest-paid Women Athletes

    India’s badminton star PV Sindhu is the only athlete from the country to be named among the world’s highest-paid female athletes by Forbes, a list topped by tennis great Serena Willams.

    PV Sindhu Only Indian On Forbes List Of Highest-paid Women Athletes

    1952-2019: Sushma Swaraj Cremated With Full State Honours, Daughter Performs Last Rites

    Bansuri Swaraj, daughter of former External Affairs Minister Sushma Swaraj, on Wednesday performed her last rites.

    1952-2019: Sushma Swaraj Cremated With Full State Honours, Daughter Performs Last Rites

    Preneet Kaur Duped Of Rs 23 Lakh; Gang Kingpin Arrested

    Preneet Kaur Duped Of Rs 23 Lakh; Gang Kingpin Arrested
    The Patiala police on Wednesday unearthed a gang involved in duping Patiala MP Preneet Kaur and businessmen, whose accounts, the gang knew, were managed by their staff and they would “not bother about transactions” worth lakhs.

    Preneet Kaur Duped Of Rs 23 Lakh; Gang Kingpin Arrested

    Kerala Nun Rape Case: Sister Lucy, Who Protested Against Rape Accused Bishop Franco Expelled For Her 'Lifestyle'

    Sister Lucy Kalappura had also published poems, purchased a car and taken part in a protest against a rape accused former bishop of Jalandhar dioecese.

    Kerala Nun Rape Case: Sister Lucy, Who Protested Against Rape Accused Bishop Franco Expelled For Her 'Lifestyle'