Mohali: The Punjab government has launched the three-day Progressive Punjab Investors Summit 2026 in Mohali, marking a significant step towards transforming the state into a hub of industrial growth and employment opportunities. The summit, running from March 13 to 15, 2026, will witness the participation of international delegates from countries including the United Kingdom, Japan, and South Korea, along with leading Indian industrialists.
The event was inaugurated by Aam Aadmi Party (AAP) National Convener Arvind Kejriwal and Punjab Chief Minister Bhagwant Mann, underscoring the state government’s commitment to creating a business-friendly environment and promoting large-scale investments.
Punjab’s Push for Industrial Growth and ‘Rangla Punjab’
Chief Minister Bhagwant Mann described the summit as a major milestone in the state’s journey towards making “Rangla Punjab”, emphasizing economic growth, job creation, and industrial development. He welcomed investors from across the country and the world, stating that Punjab is increasingly becoming the first choice for industries due to the government’s proactive policies and support initiatives.
On social media, Mann shared,
“Today marks the grand beginning of the Progressive Punjab Investors Summit 2026. We heartily welcome renowned industrialists from across India and the world to the land of Gurus and Saints.”
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Key Meetings and Industry Engagements
During the summit, Mann held an important meeting with Lakshmi N. Mittal, Executive Chairman of the global steel giant ArcelorMittal, at Chandigarh. The discussions focused on large-scale investment in Punjab and creating new employment opportunities for the youth. The Chief Minister reaffirmed the state government’s commitment to providing ease of doing business and all necessary support to industries.
Industrial and Trade Development Policy 2026
The summit builds on Punjab’s recent Industrial and Trade Development Policy 2026, officially unveiled by Mann in Ludhiana with Industry and Commerce Minister Sanjeev Arora. The policy aims to:
- Accelerate industrial expansion
- Attract large-scale investments
- Generate extensive employment opportunities for the state’s youth
The launch event attracted over 200 industrialists and business leaders, highlighting the confidence of the private sector in Punjab’s industrial future.
Investments and Job Creation Impact
Since March 2022, Punjab has attracted investments worth ₹1.58 lakh crore, creating more than 5.5 lakh jobs for the youth. The state government’s vision is to transform young people from job seekers to job creators, ensuring inclusive economic growth.
A major development announced during the summit includes the opening of a Tata Group steel plant in Ludhiana from March 20, 2026, which is expected to significantly boost local employment and industrial output.
Focus on Business-Friendly Environment
Chief Minister Mann emphasized that Punjab is committed to providing a conducive environment for entrepreneurs under the new industrial policy. The government aims to simplify business operations, remove bureaucratic hurdles, and support industries in achieving sustainable growth. The summit serves not only as an investment platform but also as a symbol of Punjab’s economic revival and global business engagement.
