Tata keen to expand business in Punjab: Chairman tells CM

Tata Sons chairman Natarajan Chandrasekaran informed Punjab Chief Minister Captain Amarinder Singh that the business conglomerate is looking to expand its Taj Group of Hotels portfolio in Punjab in a big way,

During a meeting, the CM asked Tata Sons to come out with a detailed project report (DPR) for its proposed project on rejuvenation of Chhoti Nadi and Badi Nadi River Bodies in Patiala.

According to an official statement, Singh handed over to the company chairman a formal letter of mandate for the same. The preliminary cost of the project is estimated at Rs 550 crore, with a maintenance period of 10 years.

Chandrasekaran agreed to explore the chief minister’s suggestion to set up an auto plant in the state, and also evinced interest in expanding into food processing, retail and the IT sector.

Image Credit : wefornews.com

Tags:
Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner

Archives