Mohali August 12:
            To boost industrialization in a big way in Punjab, Chief Minister Parkash Singh Badal called upon entrepreneurs and industrialists to chalk out a strategy to ensure overall development on one hand and eradicate unemployment on the other in the state.
Addressing a public gathering after laying the foundation stone of the second campus of Indian School of Business (ISB) here after Hyderabad at a cost of Rs 200 crore over an area of 70 acres, Mr Badal said that the State Government was committed to provide all requisite facilities and incentives to the prospective entrepreneurs to encourage them to make huge investments in the state.
The Chief Minister appreciated the efforts of four founding business patners of ISB viz. Chairman of Max India Ltd., Mr. Analjit Singh, Chairman-cum-MD Punjab Lloyd Mr. Atul Punj, Vice Chairman Bharti Enterprises Ltd. Mr. Rakesh Bharti Mittal, Chairman Hero Honda Motor Ltd. Mr. Sunil Munjal and Mr. Pawan Munjal of Hero Corporate Services Ltd. for the promotion of the prestigious ISB campus at Mohali.
He also urged the Dean of the ISB Mr Ajit Rangnekar to suggest ways and means to develop synergy between the industry and management and business institutes to give a fillip to industrialization in the state. Mr. Badal sought cooperation from these industrialists and Mr. Rangnekar to further explore the possibility of developing the skill development programme to provide job opportunities to the unemployed youth.
The Chief Minister said that with the establishment of ISB campus and international airport here, Mohali would soon emerge as the most ultra modern and the advanced city not in the country but also across the globe. Mr Badal said that it was his passion to see Mohali at the top of the world and he had already convened a meeting of the councilors, senior officers of state government and GMADA to work out a plan to ensure integrated development of Mohali.
In her address, Education Minister Dr. Upinderjit Kaur said that Mohali was being developed as an educational hub with tremendous opportunities of advanced learning. She said that the Punjab government was committed to impart quality education to the students be it at school, college or university level. She said that a network of upcoming schools, colleges, polytechnics and universities was a step in this direction.
Speaking on the occasion, the Chief Executive Officer of ISB Mohali Campus, Ms.Savita Mahajan, said that the construction of the campus was expected to be completed by March 2012, and the first academic session for the Post Graduate Programme in Management was scheduled to commence in April 2012, with an initial intake of 210 students.