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

    Ravish Kumar Wins ‘Asia's Nobel’ Ramon Magsaysay Award 2019, Joins List Of Elite Indian Winners

    Senior Indian journalist Ravish Kumar on Friday was awarded this year’s Ramon Magsaysay Award, regarded as the Asian version of the Nobel Prize.    

    Ravish Kumar Wins ‘Asia's Nobel’ Ramon Magsaysay Award 2019, Joins List Of Elite Indian Winners

    Mediation Fails, Ayodhya Hearing From August 6: Supreme Court

    Mediation Fails, Ayodhya Hearing From August 6: Supreme Court
    A five-judge Constitution bench headed by Chief Justice Ranjan Gogoi noted that the report of the three-member mediation panel, headed by former apex court judge Justice F.M.I. Kalifulla, failed resolve the dispute amicably.

    Mediation Fails, Ayodhya Hearing From August 6: Supreme Court

    India's Forex Reserves Fall By $727 Million To $429.6 Billion

    India's Forex Reserves Fall By $727 Million To $429.6 Billion
    The forex kitty had increased by $1.579 billion to a new lifetime high of $430.376 billion in the previous week ended July 19.  

    India's Forex Reserves Fall By $727 Million To $429.6 Billion

    Saravana Bhavan Told To Pay Rs. 1.10 Lakh To Man For Deficiency In Service

    Saravana Bhavan was charged with being "guilty of having served defective food," and prayed for a compensation of Rs. 60 lakh for "deficiency in service" and another Rs. 30 lakh for ill-health and mental agony.  

    Saravana Bhavan Told To Pay Rs. 1.10 Lakh To Man For Deficiency In Service

    ‘Is He Showing Disrespect Because I Am Non-hindu?’: Taslima Nasreen Exposes Man At Centre Of Zomato Row

    The post came to haunt Shukla after the Bangladeshi author on Friday again shared the comment Shukla had made.

    ‘Is He Showing Disrespect Because I Am Non-hindu?’: Taslima Nasreen Exposes Man At Centre Of Zomato Row

    Build-up To Abrogation Of Article 35A Begins, Does It Go Before Aug 15?

    Build-up To Abrogation Of Article 35A Begins, Does It Go Before Aug 15?
    Most people in Jammu and Kashmir, especially in the Valley, believe that Article 35A of the Constitution is going amid reports that the idea of dividing the state into three union territories of Jammu, Valley and Ladakh is also being toyed with.    

    Build-up To Abrogation Of Article 35A Begins, Does It Go Before Aug 15?