Punjab News

CM ropes in major investment for state as Canadian Nebula group evinces keen interest to invest in Punjab

Agrees to invest in Food processing and recycling of plastic waste sector

Chandigarh: In a major breakthrough, the Punjab Chief Minister Bhagwant Singh Mann on Saturday gave further impetus to investment promotion by firming up investments from Nebula Group, a major company of Canada

During an interaction with President and Chairman of the group Raman Khatra, the Chief Minister said that it is a matter of immense pride and satisfaction that company has evinced keen interest to set up a food processing plant where by the produce of tomato, citrus fruits, juices, potato will be mobilised from the surrounding area of 10, 000 hectares thereby increasing the life span of frozen and fresh food products with the use of ozone. He said that the company will export the perishable and fresh items by increasing their shelf life with the help of ozone technology. Bhagwant Singh Mann said that tie up with Markfed and Punjab Agro will be ensured to benefit the farmers in a big way adding that the company will set up plant near Doraha which will ensure jobs to youth too.

The Chief Minister also said that the company will use it expertise to clean Budha Nalla in Ludhiana with their latest technology. He said that company will remove impurities that cause cancer on Indian native reserves and with the help of Nebula Ozonation at Nano level, the proposal is to successfully remove all cancer causing elements. Bhagwant Singh Mann said that all out efforts will be made to reduce the TDS level of water to less than 100 so that the same can be fit for drinking purpose.

On pursuance of the Chief Minister, the company also agreed to set up a plant for recycling plastic waste especially bottles to produce pellets. He said that it will go a long way in solving the problem of plastic waste through its management thereby paving way for clean and green environment. Bhagwant Singh Mann said that state government is committed for boosting investment in the state and no stone is being left unturned for it.

Showcasing Punjab as the most preferred investment destination, the Chief Minister said that the state has an industrial friendly government with a real single window system for the well-being of investors. He said that Punjab is a land of opportunities and the leading companies from across the world are making a beeline to invest in the state adding that the Canadian company will also be immensely benefited by investing in the state. Bhagwant Singh Mann said that Punjab has complete communal harmony, industrial peace coupled with congenial atmosphere for industrial growth, which are giving impetus to its overall development, prosperity and progress.