Friday, Apr 26 2024 | Time 09:19 Hrs(IST)
image
Business EconomyPosted at: Sep 30 2020 6:49PM


French company Air Liquide to set up its first industrial unit in Punjab

Chandigarh, Sep 30 (UNI) French multinational company Air Liquide, a world leader in gases, technologies and services for industry and health, has decided to set up its industrial gases manufacturing unit in Rajpura (Patiala) and purchased land to set up their state-of-the-art facility.
Stating this here on Wednesday in a communiqué, Invest Punjab CEO Rajat Agarwal said that since the exploration stage, the Punjab government through Invest Punjab has provided continuous hand-holding and facilitated discussions between the investor and the stakeholders.
He said that currently Air Liquide India is serving the Punjab Market through its existing state-of-the-art production facility in Haryana. The expansion of customer market has potentially generated a genuine requirement of a plant in and around the Malwa region. With its plant in Rajpura, Air Liquide will strengthen the value chain of all industries in the state, through the consumers of gases.
Such international investment decisions are a true reflection of states’ commitment and sincere efforts towards implementing global standards of ease of doing business in Punjab, said the CEO, adding that being one of its kind in India, Invest Punjab office acts as a Unified Regulator and Investment Promotion Agency for all Foreign Investors.
With peaceful labour relations without any domicile restrictions and competitive factors of production such as quality power, robust infrastructure, seamless connectivity, abundant talent pool, Punjab welcomes all foreign investors to experience the new age of business-friendly ecosystem, he said.
Mr Herve Chorosz, Chief Operating Officer, Air Liquide India, has expressed gratitude to the Punjab Government for providing exemplary facilitation through Invest Punjab and look forward for continued support during the setting up of the industrial unit and its post operations.
UNI DB JW1848
Please log in to get detailed story.
Tags: #French company Air Liquide to set up its first industrial unit in Punjab
More News

Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

see more..

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..
image