Plywood industrial hub to come up in Hoshiarpur: Sukhbir

  • HT Correspondent, Hindustan Times, Chandigarh
  • Updated: Feb 26, 2015 22:26 IST

Punjab deputy chief minister Sukhbir Singh Badal on Thursday announced that the state would develop a plywood industrial hub in Hoshiarpur in the next two years as the area had great potential in this sector.

Speaking on the occasion of Amarjeet Singh Jaggi's joining as the Punjab State Industrial Development Corporation (PSIDC) chairman at Udyog Bhawan here, Sukhbir said the SAD-BJP government had given top priority to infrastructure development to attract investors, besides creating an investor-friendly industrial policy and setting up the Punjab Bureau of Investment Promotion.

He said the Reserve Bank of India had declared Punjab the third most preferred investment after recognising its infrastructure.

The deputy CM said Punjab would witness an industrial investment of Rs 70,000 crore in the next two years.

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