Press Release -
Ambassador Taranjit Singh Sandhu addresses the USA - Punjab Investors’ Roundtable 2020
Press Release - Ambassador Taranjit Singh Sandhu addresses the USA - Punjab Investors’ Roundtable 2020

Press Release

Ambassador Taranjit Singh Sandhu addresses the USA- Punjab Investors’ Roundtable 2020

Ambassador Taranjit Singh Sandhu delivered a special address at the inaugural session of USA-Punjab Investors’ Roundtable 2020 on 17 November 2020. The Hon’ble Chief Minister of Punjab, Capt. Amarinder Singh delivered the Presidential address and highlighted the expanding investment opportunities in Punjab in conversation with President & CEO of Mastercard Dr. Ajay Banga. Senior officials of Government of Punjab, prominent industry representatives, and eminent members of the Indian-American community in the US attended the Roundtable.

In his remarks Ambassador Sandhu noted the opportunities that investors could utilize in Punjab, laying emphasis on the strong network of educational, vocational and scientific institutions in Punjab. “Punjab and the US can explore complementarities in many sectors such as agriculture & food processing, education, textile & garment, renewable energy, light engineering, pharma and IT,” he said.

While urging investors to consider Punjab as a major investment destination, he lauded the strength of Punjab’s economy and its role in India’s economic growth. “For years, Punjab’s industries have proven to be reliable partners, and suppliers, to US giants like Walmart, New Balance, and even food chains, like KFC, Burger King, and McDonalds.” he said. Ambassador Sandhu applauded the Punjabi community in the US for acting as a bridge between India and the US, and reiterated the support of the Embassy in facilitating investments.

The USA-Punjab Investors’ Roundtable 2020, being held from 17-18 November, 2020 is organized by the Government of Punjab in coordination with Embassy of India, Washington D.C. and US-India Strategic Partnership Forum (USISPF) to showcase Punjab to prospective investors in the US. During the Roundtable, there is a focus on five areas: Agriculture & Food Processing; Pharma & Medical Devices; Engineering & Manufacturing; IT & Startup; and Education.

 

17 November 2020

Washington, DC

 

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