Punjab to give preference to state based steel& iron industry

MANDI GOBINDGARH: To "save" the local steel and iron industry from "unhealthy competition due to cheap imports," Punjab Chief Minster Parkash Singh Badal today announced that the Punjab Government would give preference to the Punjab based-steel and iron industry for bulk purchase of steel related items.

This was stated by Badal during a special interactive session with the traders and industrialists of Gobindgarh based Steel Industry organized here to redress their grievances. He outlined the initiatives taken by the SAD-BJP government during a span of just 11 months that included infrastructural development like finalizing the modalities for Mohali International Airport, the upgradation of Amritsar International Airport, besides two more domestic terminals would be made operational at Sahnewal and Bathinda within a year. An airport at Pathankot had already been made functional, he said envisaging Punjab as the most preferred destination in the near future and called upon the industrialists to invest in the state in a big way to flourish the enterprise as well as the state.

"To put Punjab on high trajectory of economic growth, the Punjab Government is trying to create a congenial atmosphere to facilitate the existing industrial units besides attracting new investments from outside the state in the industrial sector," he said.