Gopal’s Sweets has announced an investment of Rs. 150 crores to establish a manufacturing unit in the Mohali Industrial Economic Zone (MIEZ), which is being developed by the Royale Estate Group. The MIEZ, currently spanning 150 acres with plans to expand to 500 acres over the next three years, is strategically located near an international airport, providing excellent connectivity to four states.
Sharanjit Singh, Managing Director of Gopal’s Sweets Pvt. Ltd., stated, “With the perishable nature of our products, mainly sweets and other dairy and bakery items, we were looking for a central and strategic location to serve all four states within desirable timelines.”
The new plant at MIEZ will also benefit Punjab’s green farm products, such as green peas, cabbage, onions, and potatoes, which currently go to Rudrapur in Uttarakhand for processing and packaging. The new facility will handle these operations locally, benefiting farmers and food growers in Punjab.
Ashish Mittal, director of MIEZ, revealed that over 50 industries have already joined MIEZ and are in the process of setting up their units. These industries range from pharmaceuticals, packaging, food processing, agro and agriculture, engineering, tractors and auto parts, metal and bath fittings, machines, furniture, marbles, and granites.
Industries in MIEZ will enjoy benefits under the Invest Punjab initiative by the Government of Punjab and the MSME “Make in India” initiative by the Government of India. Neeraj Kansal, Managing Director of Royale Estate Group, commented, “This Industrial Township is set to bring about a new industrial revolution in the region by developing a modern and state-of-the-art industrial township.”
The Mohali Industrial Association (MIA) has played a significant role in bringing MIEZ to its current status.