Punjab Chief Minister Bhagwant Mann handed over the land allotment letter to the Tata group for setting up its maiden scrap-based steel plant at an investment of Rs 2,600 crore in Ludhiana.
The move is aimed at giving further fillip to industrial development in the state.
“We are committed for making Punjab a front runner in industrial sector and this maiden investment by Tata group in state is a step forward in this direction,” IANS quoted Mann as saying during meeting with delegation led by Global CEO & Managing Director, Tata Steel Ltd, T.V. Narendran.
Welcoming the Tata group to the state, he said that this is a ‘Red letter’ day in the history of the state as this is maiden investment by this globally leading company in the state.
