Czech envoy meets Amarinder to discuss investment options

Image
Press Trust of India Amritsar
Last Updated : Dec 07 2017 | 2:30 PM IST
Czech Republic Ambassador Milan Hovorka today met Chief Minister Amarinder Singh to discuss investment opportunities in Punjab, particularly in the field of manufacturing.
Hovorka, who was accompanied by a high-level delegation, evinced keen interest in investing in Punjab and also setting up a large manufacturing unit, an official release said.
The chief minister pointed out that the state was offering the "cheapest industrial power in the country", with a fast-growing solar power base.
He cited the new industrial policy, unveiled recently by his government, aims at making the state more business friendly.
Noting that the Czech Republic was one of the world's fastest growing economies, the Ambassador said his country was looking at harnessing the opportunities offered by Punjab in the areas of electronics, food processing, defence manufacturing, IT, hospitality, entertainment and media.
His country was also keen to set up a large manufacturing unit in the state, the envoy added.
The Ambassador further offered unique 15-seater aircraft for boosting regional mobility in Punjab, saying these planes can take off from any terrain, from mobile airports that can be set up in remote areas.
The chief minister directed his officials to take the Czech ambassador's suggestions forward through further discussion.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 07 2017 | 2:30 PM IST

Next Story