BENGALURU: Deputy Chief Minister of Punjab Sukhbir Singh Badal was in the city on Friday to interact with industrialists as part of a build-up for the Invest Punjab summit to be held at Mohali on October 28 and 29.
During the interaction, Infosys executive vice president Ramadas Kamath announced plans for the construction of a 25,000-seat facility at Mohali.
According to a release issued by the Punjab deputy CM’s office, Ramadas Kamath has committed to start work on the facility within one month and complete the first stage of the project within 18 months.
The Infosys EVP said the new facility will be a win-win for both the company and Punjab. “We have more than 2,500 employees of Punjabi origin who are keen to shift to Mohali,” he said adding that once the facility opens it will give a boost to the economy of the entire area.
Besides Infosys, the deputy chief minister also held meetings with representatives of other companies, including Volvo. A representative of Volvo said, “It was keen to enter into a PPP with the Punjab government for the Rapid Bus Transport system in Amritsar besides considering setting up a manufacturing facility for Volvo cars in Punjab.”
In another development, Nextwealth Entrepreneurs gave a presentation on how investors could be attracted to establish BPOs in tier two and tier three towns.