Punjab CM Mann cites investment figures amid claims of misgovernance in protest against ‘over 2 lakh jobs expected’

Last Update: February 13, 2023, 21:59 IST

But with this latest decision, the Punjab government will now have to pay at least three times more for the transportation of coal. (File Photo/PTI)

Mann also said that special sessions on agri-food processing, textiles, healthcare, education, tourism, IT and start-ups would be organized during the Mohali summit.

Punjab Chief Minister Bhagwant Mann on Monday reacted to the opposition’s claims of “misgovernance” under the Aam Aadmi Party’s rule in the state. He said more investments are expected with the two-day investment summit in Mohali from February 23.

Addressing a press conference, he said, “The investment is expected to generate over 2.4 lakh jobs in various sectors and Punjab received Rs 38,175 crore of investment in various sectors after AAP came to power 11 months ago.” Is.”

Mann also said that special sessions on agri-food processing, textiles, healthcare, education, tourism, IT and start-ups would be organized during the Mohali summit.

Talking about his visits to Germany, Bengaluru, Mumbai and Hyderabad, he said he sought investment in Punjab and met industry leaders there. Here are some details about the investments he has listed:

  • Rs 11,853 crore has been invested in real estate, housing and infrastructure and will generate 1.22 lakh jobs.
  • The manufacturing sector will generate 39,952 jobs with Rs 5,981 crore.
  • The alloys and steel sector was expected to generate 9,257 jobs with an investment of Rs 3,889 crore.
  • The textile and apparel sector will generate 13,753 jobs with an investment of Rs 3,305 crore.
  • The agriculture, food processing and beverages sector will provide 16,638 jobs with Rs 2,854 crore.
  • 2,157 crore healthcare will provide 4,510 jobs.
  • Tata Steel (Fortune 500) was investing Rs 2,600 crore in the secondary steel sector in Ludhiana.
  • Sanatan Polycot was investing Rs 1,600 crore in the man-made fiber sector at Fatehgarh Sahib.
  • Nabha Power (L&T) has invested Rs.641 crore in the power sector in Patiala. 548 crore in the packaging sector at Toppan (Japan) SBS Nagar.
  • Nestle (Switzerland) has invested Rs 423 crore in food processing sector in Moga.
  • Vardhman Special Steels (Aichi Steel, Japan) has invested Rs.342 crore in Hybrid Steel Sector in Ludhiana.
  • Friedenberg (Vibracoustics, Germany) has invested Rs.338 crore in the auto and auto components sector in Rupnagar.
  • Bebo Technologies has invested Rs 300 crore in the IT sector in SAS Nagar.
  • HUL (UK) invests Rs 281 crore in Patiala and Kargil India (USA) 160 crores in the field of animal feed in Fatehgarh Sahib.

Lastly, CM Mann denied reports of an industrial unit migrating to Uttar Pradesh from the state. He said that after resumption of coal supply from Pachwara mine, the state has taken a leap towards becoming power surplus.

Regarding possible trade with Pakistan, Mann said that when Pakistan is engaged in spreading unrest across the border, there is no point in any kind of trade relations with it.

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