Chandigarh:- Patanjali Ayurved, an Indian FMCG company, will set up a Food Park at Ludhiana while ITC is coming with a food processing unit in the state, Punjab Deputy Chief Minister Sukhbir Singh Badal said here today.
“Patanjali approached the Punjab government and expressed desire to set up a food park in Punjab,” Sukhbir Badal said while making a presentation on ‘Perspective on development and governance in Punjab for the last nine years’.
He said “the company (Patanjali) is impressed with the policy on industry in the state” and would “set up a Food park in Ludhiana.”
The Deputy Chief Minister said ITC is coming up with a food processing unit in the state.
With zero tax policy on food processing units, several giants like Pepsi, Coke are coming into this venture, he said.
“Patanjali will lay the foundation stone of the food park in April,” he said adding that the multi-branding in the food processing industry is benefiting the state in a “big manner.”
“The overall target through food processing in the state is around Rs one lakh crore this year,” he said.
Badal who is also the president of Shiromani Akali Dal (SAD) described his government’s nine year rule as “fully satisfactory”.
“I am satisfied with my tenure and what I have achieved,” he said adding that the state had shown unprecedented development during the SAD-BJP regime.
Punjab is slated to go for polls early next year.
Rebutting the claims of opposition political parties that Punjab is debt ridden, he said that “we managed to pull the state from bad to progressive phase.”
“In the last nine years we have made historic achievements in comparison to what earlier governments did for the state,” he said.
The SAD president said that he was “happy with the performance” of the state government and exuded confidence that SAD-BJP alliance would form the next government again.
Hitting out at his political opponents, he said that they brought bad name to the state by “false propaganda”.
PTI
