Punjab Govt Names Umang Jindal, CEO of Homeland Group, as Chairman of Retail Sector Committee

Punjab Government forms 15 new sectoral committees to boost industrial growth; Umang Jindal appointed Chairman of Retail Sector Committee to develop a tailored retail policy framework.

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Summary

  • Punjab's industries minister announced the formation of 15 new sectoral committees, bringing together industry experts to advise on targeted policy recommendations for various sectors.
  • Umang Jindal, CEO of Homeland Group, has been appointed as Chairman of the state's retail sector committee, which will develop a 'best-in-class' policy framework by studying successful models from other states.
  • The initiative aims to create customized, transformational roadmaps for Punjab's key industries through extensive stakeholder consultations, focusing on innovation, sustainability, and employment generation.

In a significant move to augment Punjab’s industrial ecosystem, the state’s industries minister, Sanjeev Arora, announced the formation of 15 more sectoral committees. The newly constituted committees bring together experts from varied industries, serving as advisors to propose targeted policy recommendations for their respective sectors.

For its retail sector committee, the Punjab Government has appointed Umang Jindal, CEO, Homeland Group, as its Chairman. The committee thoroughly examines policies and frameworks from other relevant states across the country to develop a 'best-in-class' policy framework for Punjab. 

Under Umang Jindal’s leadership, the core task of this committee is to provide the Government with a structured set of inputs for a customised, industrial policy framework for the Retail industry.

To achieve this, the Department of Industries & Commerce is embarking on a significant initiative to prepare customized transformational roadmaps for key industrial sectors of Punjab. This effort is designed to be truly collaborative and impactful, built upon extensive consultations with the industry stakeholders.

Sanjeev Arora, Cabinet Minister, Punjab, said, ” The Govt 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.”

Expressing his delight, Umang Jindal said, “It is an honor 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.”

Umang’s appointment comes at a time when Punjab’s urban centers are witnessing a growing demand for curated retail experiences. The announcement marks a proud moment for the real estate fraternity, acknowledging Umang’s progressive leadership and unwavering commitment to organized growth in the region.


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