Friday, January 10, 2025
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Food Sector in Punjab Holds an Immense Potential for Investment: Sond

Chandigarh, January 10, 2025 (Yes Punjab News)

Punjab’s Minister for Industry, Commerce, and Investment Promotion, Tarunpreet Singh Sond, extended an invitation to domestic and international food companies to invest in Punjab.

Addressing nearly 40 Managing Directors and CEOs of food sector companies during the 8th Indus Food Fair in Noida, organized in collaboration with the Trade Promotion Council of India (TPCI) and the Ministry of Commerce, Government of India, he highlighted the bright prospects for investment in Punjab’s food sector.

He stated that Punjab holds immense potential in the food sector, given the global recognition of its culinary heritage. He emphasized the worldwide appeal of Punjabi cuisine and flavors, which attract people from across the globe.

Sond mentioned that the Chief Minister of Punjab, Bhagwant Singh Mann, aims to elevate the state’s food sector to a global level. The Punjab government is making special efforts to establish brands like Verka, Sohna, Five Rivers, and others on an international platform. He also noted the growing global demand for Punjabi food and food products.

On this occasion, he shared information about the single-window system and initiatives undertaken by Invest Punjab to facilitate investors and industries.

He assured that the Punjab government is fully committed to supporting investors in every possible way. Several company representatives expressed interest in investing in Punjab and promised to present proposals soon, focusing on spices, food processing, and fruit and vegetable processing.

The Industry Minister also held separate meetings with investors from Canada, Australia, China, and the USA, encouraging them to invest in Punjab. He interacted with representatives from renowned companies, including Manohar Lal, owner of Haldiram’s.

Later, Tarunpreet Singh Sond visited several stalls among the approximately 1,500 exhibitions at the fair. He also explored food stalls from Lebanon, Portugal, China, and Turkey, savoring the flavors of their cuisines. He was accompanied by Punjab Food Commission Chairman Bal Mukund Sharma, Invest Punjab CEO DPS Kharbanda, and TPCI Chairman Mohit Singla.

Additionally, notable participants in the meeting included Suresh Vaidhyanathan from Abu Dhabi Food Hub, Rupesh Mehta from Khimji Ramdas (Oman), Kallai Meyyappan Ramalingam from Murugan Group (Singapore), Alferova from Auchan (Russia), Ananda Kumar from Al Madina Group (UAE), Ashok Kumar from Zepto, Himanshu Wahi from Swiggy, Ashish Agarwal from Bikanervala Foods, Akash Shah from Everest Spices, Sanjay Singhal from Wagh Bakri Tea Group, Mithun Apaiya from Wow! Momo, and other representatives from leading food companies.

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