India, Dec. 4 -- Leading Japanese firm Toppan Speciality Films Private Limited (TSF) on Wednesday signed a memorandum of agreement (MoA) with the Punjab government to invest Rs.400 crore in the state as part of its expansion plan. The agreement was signed in the presence of chief minister Bhagwant Mann, who is currently on an official visit to Japan.

The CM said the TSF has formally conveyed its intent to expand its existing manufacturing facility in Punjab, with an estimated investment of Rs.400 crore aimed at capacity enhancement, employment generation, technology integration and strengthening its long-term presence in India. Mann assured the company full support for its operations and expansion plans.

Mann said TSF and Invest Punjab ...