Women Square

Tag: industrial growth

  • Punjab’s Industrial Push: Jindal to Chair Retail Committee

    Punjab’s Industrial Push: Jindal to Chair Retail Committee

    Chandigarh, 8th August 2025 – In a strategic step to strengthen Punjab’s industrial ecosystem, the state’s Industries Minister, Sanjeev Arora, announced the formation of 15 new sectoral committees. These committees will unite experts from diverse industries to serve as advisors, providing targeted policy recommendations for their respective sectors.

    Leadership for the Retail Sector

    For the Retail Sector Committee, the Punjab Government has appointed Umang Jindal, CEO of Homeland Group, as Chairman. Under his leadership, the committee will study policies and frameworks from other progressive states to develop a best-in-class policy framework tailored to Punjab’s retail landscape.

    The core objective is to deliver a structured set of inputs for a customised industrial policy framework, ensuring sustainable and organised growth in the retail industry.

    Collaborative Industrial Roadmaps

    The Department of Industries & Commerce is launching an initiative to design customised, transformational roadmaps for key industrial sectors in Punjab. This effort will be collaborative and industry-driven, built through extensive consultations with stakeholders to ensure maximum impact.

    Minister’s Statement

    Cabinet Minister Sanjeev Arora stated:

    “The Government of Punjab, under the leadership of CM Bhagwant Singh Mann, is dedicated to fostering a progressive ecosystem for industrial growth, innovation, and sustainability, alongside robust employment generation across the state.”

    Chairman’s Vision

    Expressing his gratitude, Umang Jindal said:

    “It is an honour to be entrusted with the role of Chairman for the retail committee formed by the Punjab Government. The retail landscape in Punjab is undergoing a transformative shift, driven by evolving consumer aspirations and the need for more experiential, community-centric spaces. I look forward to contributing meaningfully to this journey and helping shape a more vibrant, organised, and future-ready retail ecosystem across Punjab.”

    Significance of the Appointment

    Umang Jindal’s appointment comes at a time when Punjab’s urban centres are seeing increasing demand for curated retail experiences. The move is seen as a proud moment for the real estate fraternity, recognising his progressive leadership and commitment to organised growth in the region.

  • 10th India Machine Tools Show inaugurated, set to play role of catalyst in India’s industrial growth

    10th India Machine Tools Show inaugurated, set to play role of catalyst in India’s industrial growth

    New Delhi, 12 July 2025: The landmark 10th edition of the India Machine Tools Show, one of the largest and most influential platforms for the capital goods and manufacturing sectors in the country, got underway in New Delhi on Friday.

    The biennial event is taking place from July 11 to 14, the event showcases cutting-edge innovations in machine tools, automation and engineering technologies from India and abroad. While machine tools and automation are the focus, a wide range of industrial products essential to the shop floor are also covered. It has more than 300 exhibitors from 14 countries, over 2,500 advanced industrial products, and an expected footfall of more than 50,000 business visitors from 25+ countries.

    The show is Organised by K and D Communication and supported by leading trade bodies including the Laser Industries Association of India, Ludhiana Machine Tools Manufacturers Association, and Machine Tool Manufacturers Association Rajkot, and features strong international participation from Germany, Japan, UK, US, Italy, France, Netherlands, China, Taiwan, Korea, UAE and Turkey, among others.

    Speaking at the inauguration, Amit Mistry, General Manager K and D Communication, said, “The India Machine Tools Show has become one of the biggest exhibitions of machine tools and automation and engineering machinery in the country. The machine tools industry is integral to India emerging as a global manufacturing hub. The milestone 10th edition of the show demonstrates the competitiveness of Indian manufacturing and is poised to be a catalyst for innovation, growth and collaboration. The previous edition of the show generated estimated business of Rs. 1,295 crores, and we are confident this edition will catalyse even higher business.”

    India ranks among the top 10 machine tool producers globally. The country’s machine tools sector is currently valued at over $2.4 billion and is projected to reach $4 billion by 2030, exhibiting a growth of more than 10%. A major driver of the machine tool industry is the automotive industry, projected to become the third largest in the world and contribute 12% to India’s GDP by 2025. The growth of the machine tools sector will also be driven by increasing demand from aerospace, defence, electronics, and precision engineering.

    Key product categories on display include cutting and forming machine tools, robotics & automation, additive manufacturing, laser machinery, welding equipment, industrial safety gear, hydraulics & pneumatics, testing instruments, casting & forging components, and more.

    Special focus areas of this year’s show include laser & welding technology, castings & foundries, and brass parts, along with exclusive zones dedicated to robotics, automation and metrology.

    Complementing the exhibition are a series of high-impact supporting programmes such as vendor development meets, buyer-seller interactions, and technology seminars.

    The show is being held for the first time at the newly inaugurated Yashobhoomi Convention Centre, a world-class infrastructure project developed by the Government of India to symbolise the country’s progress.

    The India Machine Tools Show has evolved into a benchmark event in the industrial calendar. The previous nine editions have attracted more than 2,000 exhibitors and over 3,00,000 visitors. The growing stature of the show has consistently opened up fresh opportunities for business development and export partnerships.

    For more information, please visit: kdclglobal