Peru-based company keen to set up soft drink unit in Punjab

Peru-based company has expressed interest in setting up a Soya-based soft drink plant in Punjab with initial investment of 10 million dollars under mega project scheme.

CHANDIGARH: Peru-based company has expressed interest in setting up a Soya-based soft drink plant in Punjab with initial investment of 10 million dollars under mega project scheme.

"The company-Peru San Miquel Del will also process various fruits to manufacture soft drinks for domestic as well as export consumption," said Acting Ambassador of Republic of Peru to India, Carlos A Irgoyen Farno, while holding a meeting with Punjab Chief Secretary, R I Singh here on Monday.

An ambassador along with a delegation of entrepreneurs from Peru was on a visit to Punjab to explore investment opportunities in the state, said an official release issued here.

Stating that Peru was very keen of availing various opportunities to increase trade co-operation with Punjab, he said that various companies from Peru wanted to invest in agro-processing, retail and reality sector.

The Chief Secretary, Punjab informed the Ambassador that Punjab Government had notified a new policy of mega projects to encourage investment in Punjab under which a series of benefits were offered to investors.

He said that Punjab government was encouraging investment in agro-processing, IT, small engineering, bio-technology, garment industry.
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