AI Generated Summary
- The MoA is expected to pave the way for structured apprenticeship programmes and generate employment opportunities not only within TSF but also across major industrial units in Punjab and the rest of the country.
- As part of the agreement, TSF and Invest Punjab will work together to establish a Skilling Excellence Centre aimed at preparing the state’s workforce for global industry standards.
- Officials believe the move signals growing investor confidence in Punjab and could serve as a catalyst for further foreign investment in the state’s manufacturing and technical education sectors.
In a significant boost to Punjab’s industrial landscape, Japanese manufacturer Toppan Speciality Films Private Limited (TSF) has committed an investment of ₹400 crore in the state. The announcement follows the signing of a memorandum of agreement (MoA) between the company and the Punjab government.
Chief Minister Bhagwant Mann, currently visiting Japan to promote investment opportunities, revealed that the collaboration goes beyond financial commitment. As part of the agreement, TSF and Invest Punjab will work together to establish a Skilling Excellence Centre aimed at preparing the state’s workforce for global industry standards.
According to the Chief Minister, the upcoming centre will cater to both skilled and semi-skilled workers, with a particular focus on advanced technical training. “This initiative will help equip our youth with world-class capabilities and open doors to high-quality employment,” Mann said during his visit.
The MoA is expected to pave the way for structured apprenticeship programmes and generate employment opportunities not only within TSF but also across major industrial units in Punjab and the rest of the country. The partnership will also promote academic linkages, enabling polytechnic and technical institutes to collaborate with TSF on the design and delivery of specialised training modules.
Officials believe the move signals growing investor confidence in Punjab and could serve as a catalyst for further foreign investment in the state’s manufacturing and technical education sectors.
