Punjab economy received a huge boost
The Punjab economy received a huge boost in the presence of the Chief Minister of Punjab Bhagwant Singh Mann at Automechanika Frankfurt 2022, the world’s leading trade fair for the automotive service industry,
City Air News
Sep 17, 2022 04:26
0
Ludhiana, September 17, 2022: The Punjab economy received a huge boost in the presence of the Chief Minister of Punjab Bhagwant Singh Mann at Automechanika Frankfurt 2022, the world’s leading trade fair for the automotive service industry, and a one-stop show for the Leading Automotive Industry from the world to showcase their ability and expertise in the sector.
Industrial powerhouse New Swan Group of Companies, Ludhiana, Punjab signed a Letter of Intent with Fischer Automotive, Poland, to set up a World Class Automotive manufacturing unit in Ludhiana, Punjab.
Upkar Singh Ahuja, Managing Director, New Swan Group hailed the efforts made by the Department of Invest Punjab and GOP to facilitate a huge Investment opportunity for the region and thanked Franz Dziwok for considering New Swan Group of Companies as their expansion partners in the Asian subcontinent. He further said that time has come for Punjab to lead the Industrial revolution and make Punjab the first State to be self-reliant.
The signing-in ceremony witnessed the exchange of the LoI signed by Upkar Singh Ahuja, Managing Director, New Swan Group And President Chamber of Industrial and Commercial of Companies, and Franz Dziwok, Managing Director, Fischer Automotive, Poland in presence of the Chief Minister Punjab Bhagwant Singh Mann, Dilip Kumar, IAS, Principal Secretary Industries & Commerce, Punjab. KK Yadav IAS CEO Invest Punjab, Kumar Amit, Special Principal Secretary and MD PSIEC, Vinni Mehta Director General ACMA, Chamber, and other eminent personalities from the top Industrial delegation accompanied the Chief Minister.
