Online NOCs for new units bolster investment

Tribune News Service

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Amritsar, December 2

Online portal for assisting entrepreneurs in securing NOCs to set up new industrial units in the state has bolstered investment as Rs 50,000 crore has been invested during the past two and a half years. This was stated by Amarjit Sigh Tikka, Chairman, Medium Industrial Development Board.

Talking to mediapersons here on Monday, he said he came to seek the blessings of the Gurus at the Golden Temple for the success of the forthcoming two-day Invest Punjab summit in Mohali from December 5.

He elaborated that portal Invest Punjab would provide all kinds of information regarding the investment in the state, 66 regulatory services of 12 departments, 34 subsidies, real time investment tracker and others services were being provided.

Paramjit Singh Batra, senior Vice-Chairman of the Board, said the MSME sector was the fulcrum of industry in the state with over 2 lakh registered units. He informed that soon a delegation of members of the textile industry of the city would meet Chief Minister Capt Amarinder Singh.

They were felicitated by SGPC officials.