Punjab fast emerging as preferred destination for domestic & global investors: CM Bhagwant Singh Mann
Punjab fast emerging as preferred destination for domestic & global investors: CM Bhagwant Singh Mann
With Mohali leading new investment proposals at ₹9,478 crore, followed by Ludhiana at ₹4,968 crore, the expanding investment footprint reflects growing investor confidence while opening new avenues for jobs, entrepreneurship and higher incomes across Punjab.
New Delhi: Punjab is fast emerging as a major industrial hub and preferred investment destination, with the Chief Minister Bhagwant Singh Mann-led government attracting a massive ₹1.89 lakh crore in investments over the last four years, generating employment potential for 6.31 lakh youth and driving industrial growth beyond traditional centres. With Mohali leading new investment proposals at ₹9,478 crore, followed by Ludhiana at ₹4,968 crore, the expanding investment footprint reflects growing investor confidence while opening new avenues for jobs, entrepreneurship and higher incomes across Punjab.
Reviewing the progress of the Industries Department here today, CM Bhagwant Singh Mann said, “The remarkable scale of investment reflects the growing confidence of domestic and global investors in Punjab’s industrial ecosystem. Our government has consistently worked to create a congenial, transparent and investor-friendly business environment, backed by improved infrastructure, responsive governance and streamlined approvals.”
The Chief Minister said, “Punjab’s traditional strengths in agriculture, manufacturing, engineering, textiles and food processing, coupled with our emerging capabilities in technology, renewable energy, automobiles and modern manufacturing, are providing a strong foundation for the next phase of industrial growth.”
He pointed out, “Several leading national and international companies, including Tata Steel, JSW Steel, AICHI Steels, Vardhman, Nestlé, Hindustan Lever, Cargill, De Heus, HMEL, Santhan Textiles and Freudenberg, among others, have invested or........
