Business Buzz 24

  Chandigarh : In a bid to build an investment ecosystem for startups of the region, Punjab Angels Network (PAN) held the ‘Start-up Investment Summit’ here at Hotel JW Marriot in which around 250 investors, startups, bureaucrats and top businessmen participated. “An ecosystem and uniquely designed investment model is the need of the hour for the region. Startups are fast emerging as major job providers. They are the real cushion of the economy. They need to be helped. Due to knowledge gaps about emerging technologies and the way these are being harnessed by startups, funding of startups remains a challenge,” said Sahil Makkar, Chairman and CEO (CCEO) of Punjab Angels Network. Makkar, who is also a  chartered accountant, alumnus of Indian School of Business (ISB) and Executive Education from the Indian Institute of Management (IIM), Bangalore, said that the major problem which is creating hurdles in the growth of startups in the region is the fact that MSMEs, which a...

Chandigarh : Leading industrial body ASSOCHAM will play a proactive role in partnership with the state governments to accelerate the pace of economic development of the northern region comprising Punjab , Haryana, Himachal Pradesh and UTs of Chandigarh, J&K and Ladakh. A decision to this effect was taken at the first meeting of the North Region Development Council (NRDC) held here at Hotel Hyatt Regency Chandigarh on Saturday.   The Annual Compendium 2021-22 Xelerate North being unveiled by senior ASSOCHAM office bearers at the 1st meeting of ASSOCHAM'S North Region Development Council “The meeting has unanimously decided that ASSOCHAM should play a proactive role in the north region’s accelerated economic development. We will soon share our blueprint with the respective state government to decide the future course of action. As Covid-19 pandemic has paused and almost controlled thanks to massive vaccination drive, we need to focus on reviving the economy,” said Amrit Sagar...

  Chandigarh : P unjab economy will get a big push through the development of an Integrated Industrial Township , providing a major impetus to planned urbanization in the region with manufacturing as the key driver. The Royale Estate Group (REG) has already created a vision document of such a township and has also announced its plans of foraying into the same. A true Integrated Industrial Township should have residential complexes alongside industrial parks to provide not just housing for workers and talents but a holistic lifestyle of live-work-play. “There are multiple benefits of an Integrated Industrial Township . It not only gives a big boost to the economy of the state but also meets emerging challenges as a futuristic smart industrial city where you have the convergence of next generation technologies across all sectors,” said Neeraj Kansal, Managing Director, REG. Piyush Kansal, another Director at REG, talking about the trend of Integrated Industr...

  Chandigarh : Industry association ASSOCHAM congratulated Bhagwant Mann on being sworn in as the Chief Minister of Punjab and looked forward to working in close cooperation with his administration to build a stronger and future-ready state. "I congratulate Bhagwant Mann on being sworn in as the CM of Punjab. Punjab holds a vital role in the overall development of the nation and we at ASSOCHAM look forward to working with him and his team for creating more jobs and entrepreneurial opportunities for the youth of the state," said A S Mittal, Chairman ASSOCHAM North Regional Council. While congratulating Mann  for taking oath as Chief Minister of Punjab, Kulwin Seehra, Chairman ASSOCHAM Punjab Development Council said, “Punjab industry has a lot of expectations from Bhagwant Mann’s government and ASSOCHAM believes that he will bring a new revolution to the industry of Punjab with his new and energetic ideas.” He said the chamber would work shoulder-to-shoulder in prom...