State Editions

CM promises to relook industrial policy, if needed

| | Amritsar | in Chandigarh

During his Amritsar visit, Capt Amarinder Singh also inaugurated the 12th edition of Punjab International Trade Expos (PITEX-2017) with the promise of more steps by the State Government, including a review of the new industrial policy, if needed, to ease the processes for facilitating business and industry.

In his inaugural address, the Chief Minister said the exposition, a joint effort of Punjab government and PHD Chamber that was initiated by him during his previous tenure (2002-2007), would pave the way for giving impetus to international trade and commerce, thus helping the state grow and making the region a hub of industrial activity.

PITEX, which will see 34 MoUs worth Rs 2,268 crore being signed to generate 13,370 jobs in the State, is expected to witness much higher footfall than last year's 3 lakh — an indication of the new mood in the State, said Capt Amarinder.

He pointed out that since the Congress Government had taken over the state's reins, MoUs worth Rs 50,000 crore had already been signed, with many more in the pipeline.