Punjab News: In a move to further stimulate industrial growth, a Holland-based company is poised to set up a cattle feed plant in Punjab at a cost of Rs 142 crore. Punjab Chief Minister Bhagwant Singh Mann is scheduled to lay the foundation stone for this project on an upcoming Sunday, with the plant expected to become operational by the first quarter of 2025. The decision to undertake this venture was made during a meeting between Chief Minister Mann and the Ambassador of the Netherlands, Marisa Gerards, who visited the Chief Minister at his residence.
During the meeting, Chief Minister Mann presented Punjab as a highly desirable investment destination, highlighting the state’s business-friendly government and the presence of a streamlined single-window system designed to benefit industrialists. He emphasized that Punjab offers a wealth of opportunities, attracting leading companies from around the globe to invest in the state.
Netherlands-Based Firm to Establish Cattle Feed Plant in Punjab, Boosting Industrial Growth
Chief Minister Mann pointed out that entrepreneurs from the Netherlands would find investing in Punjab highly advantageous, given the state’s rapid emergence as an industrial hub within India. He encouraged Ambassador Marisa Gerards to motivate Dutch industrialists to take full advantage of the favorable business environment, which is bolstered by excellent infrastructure, a reliable power supply, a skilled workforce, and a robust industrial and work culture conducive to business expansion.
Expressing a warm welcome to Dutch industrialists, the Chief Minister assured them that the state government remains open to new ideas and innovations to promote industrial growth in Punjab. Ambassador Marisa Gerards shared insights with the media regarding Indo-Dutch relations and her meeting with Chief Minister Mann. She indicated that during their discussion, they explored potential areas of cooperation between the Netherlands and companies interested in doing business in Punjab.