HomeChief MinistersPunjab is business haven, Captain tells Japanese companies

Punjab is business haven, Captain tells Japanese companies

Punjab Chief Minister Captain Amarinder Singh with actor Sonu Sood. (File Photo)

Chandigarh: Reiterating firm commitment of the State Government in facilitating investments from Japan through the Invest Punjab, Punjab Chief Minister Captain Amarinder Singh on Friday highlighted his vision of having a “Little Japan” in Punjab that builds upon the current thriving presence of more than 100 Japanese business establishments in the State.

He was virtually addressing the ‘INDO-JAPAN Investment Symposium: Investment Opportunities in the State of Punjab’ organized by the Japan Desk at Invest Punjab in coordination with Embassy of India, Tokyo.

The Chief Minister pointed out that Punjab is the safest place to do business having witnessed no lockouts and strikes in last 30 years. “Invest Punjab has been rated as the “Top Performing” State IPA by Government of India and a dedicated Japan Desk has been formed at Invest Punjab for facilitating Japanese investors willing to invest in the State and would be the ‘match making’ platform for Japanese and Punjab based companies”, asserted Captain Amarinder Singh.

Inviting the Japanese Enterprises to Punjab, the Chief Minister highlighted the opportunities for investment or collaboration with Punjab based companies in multiple sectors such as Agri and Food Processing, Technical Textiles, Engineering, Pharma & Medical Devices, Skill Development. He also reiterated the availability of 1000 Acres of land near Rajpura for the development of dedicated Japanese Industrial Township in the State.

At the session, MD & CEO SML Isuzu Yugo Hashimoto, and MD Yanmar India Pvt. Ltd. Kazunori Aziki, shared their experience of operating in Punjab. They mentioned the availability of abundant skilled manpower and strong support from Government of Punjab in terms of ease of doing business.

The representatives from Japanese Government bodies such as Deputy Director-General, Ministry of Economy, Trade & Industry, Government of Japan, Osamu Onodera, hoped that Japan and Punjab are able to strengthen their relationship for industrial collaboration. Similarly, Executive Vice President, Japan External Trade Organization (JETRO) Kazuya Nakajo, spoke about the advantages of Punjab including its strategic location, great leadership, availability of abundant & quality power, attractive incentives, and presence of robust logistics & connectivity. (PR)