BackPunjab CM Bhagwant Mann lays foundation of ₹138 cr cattle feed plant in Rajpura, 1st major investment by a Dutch firm
Dutch company De Heus has invested in a cattle feed plant in Punjab, India, to support farmers in diversifying their crops and increasing their earnings
PremiumPunjab Chief Minister Bhagwant Man, on Sunday, laid foundation of a ₹138 crore cattle feed plant in Rajpura. During the foundation laying ceremony, he said that the state has received investments of more than ₹50,000 crore in the past one-and-a half years.
Notably, the recent cattle feed plant is the first major investment by a Dutch firm in the state. Farmers in Punjab and Haryana cultivating traditional crops are looking for ways to diversify their crops, or shift to horticulture, dairy, poultry, fishery, piggery and others for better earnings, said Mann during the ceremony.
The plant, set to be established by De Heus, will produce a full live stock product portfolio of compound feed, concentrates, base mix and dairy mineral mixes. The plant will produce around 180 kilo metric tonne (KMT) of animal feed, with a potential to increase it to 240 KMT.
He said the factory will have two dedicated lines for the production. In the first phase, to be realised in the first quarter of 2025, the animal plant will produce 180 kilo metric tons (kmt) of animal feed, with a potential to increase it to 240 kMT, said Bhagwant Mann.
He also reminded his last year's commitment to rope in investment and due to concerted efforts of the state government the captains of investment are coming in state.
‘Punjabis are born entrepreneurs,’ says Bhagwant Mann
The Chief Minister said that Punjabis are born entrepreneurs and leaders due to which they have proved their mettle across the globe. He said that the hard work and resilience of the Punjabis is unmatched due to which they excel in every sphere. Bhagwant Singh Mann said that the state government is making all out efforts to utilise this spirit properly for progress of the state.
The Chief Minister said that due to concerted efforts of the state government investment worth ₹50840 crore has been roped in for the state. He said that Tata Steels has made biggest investment in the state after Jamshedpur adding that other companies like Jindal Steel, Virgio, Class, Tafe, Hindustan Liver and others are making investment in state. Bhagwant Singh Mann said that with this 2.25 lakh youth will get employment in the state adding that the project is a big slap on the face of those who used to say that state will not get any investment.
The Chief Minister said that now the state has industrial friendly government with real single window system. Bhagwant Singh Mann said that this system was earlier a sham as no one utilised it in real sense. He said earlier the MoU were signed with families but now with the state and its people.
The Chief Minister envisioned that this plant will act as a catalyst to supplement the income of the farmers. Striking an emotional chord with the people, he said that like Punjabis, the Dutch people are hard working and resilient. Bhagwant Singh Mann said that this collaboration will help the people of both the countries to excel in this field and script a new success story of economic growth.
The Chief Minister envisioned that these industrialists will become the brand ambassador of state for emerging it as an industrial hub across the globe. He said that the state government has provided the most Conducive environment to the industry in the state. Bhagwant Singh Mann said that a Punjabi is a born entrepreneur and everyone of us must make efforts to put state on high orbit of industrial growth trajectory.
The Chief Minister said that Punjab is a land of opportunities and the gateway of the country. He said that entrepreneurs from across the world will also be immensely benefited by investing in the state, which is rapidly emerging as the industrial hub of the country. Bhagwant Singh Mann said that Punjab has complete communal harmony, industrial peace coupled with congenial atmosphere for industrial growth, which are giving impetus to its overall development, prosperity and progress.
The Chief Minister said that the industrialists should make optimum use of this congenial atmosphere backed by excellent infrastructure, power, skilled human resources and best industrial and work culture to spread the business of their companies in the state.Extending a red carpet welcome to the industrialists, he said that the state government is always open for new ideas and innovations to boost up the industrial growth in Punjab. Bhagwant Singh Mann said that due to concerted efforts of the state government Punjab is rapidly scripting a new success story in every sphere.
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