Punjab Chief Minister Bhagwant Mann during his visit to International Trade Fair in Munich, Germany (PTI Photo) Chief Minister Bhagwant Mann Tuesday invited leading German company BayWa to provide sustainable agriculture business solutions to give a boost to the agriculture sector in Punjab.
On a visit to Germany to woo investors as his government promotes Punjab as the most-preferred destination for doing business, Mann called on designated CEO of BayWa Marcus Pöllinger, CEO Vista Dr Heike Bach and senior vice-president (IT development) BayWa Group Tobias Horstmann during his tour to Munich.
Mann apprised the representatives of the company that Punjab is predominantly an agrarian economy with a large number of its populace dependent on agriculture. Punjab, Mann said, wants to upgrade agriculture activities to ensure that farmers are immensely benefited from it.
Mann invited BayWa to provide sustainable agriculture business solutions that will help mechanization of agriculture. He said BayWa, a leading agri-trading and service company, can play an important role for Punjab’s industrial ecosystem in terms of forward value chain linkage.
He also laid thrust on the need for solutions to address various pertinent topics for Punjab like climate change, irrigation, yield forecast, harvest progress analysis, assessment of climate change impact on agriculture production to validate investment plans.
He invited BayWa to establish its operations in Punjab and said that state’s political stability, strong connectivity, liberal and pro-industry policies, clean and healthy environment coupled with high-quality of life are key advantages for the industry.
Mann also extended an invitation to senior officials of BayWa to attend the Progressive Punjab Investors’ Summit scheduled for February 23-24 next year. He said Punjab’s connectivity in terms of road, railways and airways, friendly labour relations with no domicile restrictions and uninterrupted power supply are conducive for entrepreneurs to set up their operations in the state.
Taking part in deliberations, the designated CEO of BayWa and his team gave a presentation of the company’s business operations.
BayWa is engaged in the business areas of energy, agriculture and building material as well as the development segment of innovation and digitization.