Chandigarh: Punjab Legislative Assembly Speaker Kultar Singh Sandhwan has announced that the state has achieved a historic milestone by attracting ₹1.74 lakh crore investment, leading to large-scale industrial expansion across Punjab.
He said the massive capital inflow has generated approximately 5.89 lakh new employment opportunities, significantly strengthening the state’s economy and empowering local youth.
Massive Job Creation and Economic Transformation
According to Speaker Kultar Singh Sandhwan, the industrial investments have transformed Punjab’s economic landscape by creating lakhs of jobs in manufacturing, services, and allied sectors.
He emphasized that the new opportunities have helped youth move toward financial independence and skill-based employment.
Punjab Positioned as an Emerging Industrial Hub
The Speaker highlighted that the fertile land of Punjab is now proving equally productive for industrial development as it is for agriculture.
He invited major industrial houses from India and abroad to invest in the state, stating that Punjab is becoming a preferred destination for global investors and Non-Resident Indians (NRIs).
Push for Entrepreneurship and Self-Employment
Encouraging youth and parents, Kultar Singh Sandhwan urged families to motivate children toward startups and entrepreneurship.
He stressed that real national development depends on industrialization and that young people should shift from a “job-seeker” mindset to becoming “job creators” by launching their own businesses.
Global Comparisons and Industrial Growth Strategy
Referring to global economic models, the Speaker noted that countries like China achieved rapid growth through large-scale industrialization.
He stated that under the current government, Punjab has witnessed record investment inflows, unlike earlier periods when industrial growth was reportedly neglected.
He added that the government’s proactive outreach and international visits helped position Punjab as an attractive investment destination globally.
Strong Industrial Policy Driving Development
Speaker Kultar Singh Sandhwan highlighted that the state government has implemented a strong and investor-friendly industrial policy.
Key highlights include:
- Policy shaped with industry expert consultation
- Wide appreciation from business community
- Focus on ease of doing business
- Promotion of startup ecosystem and MSMEs
Mohali Emerging as an IT and Business Hub
The Speaker also announced that Mohali is being developed as a world-class IT and business hub.
Global companies are being invited to set up operations in the state, further strengthening Punjab’s position in the technology and industrial sectors.
Punjab’s New Growth Era
The announcements underline a major transformation in Punjab, where strong industrial policies, record investments, and entrepreneurship-driven initiatives are reshaping the economy.
Under the leadership highlighted by Speaker Kultar Singh Sandhwan, Punjab is positioning itself as a fast-growing industrial and startup hub in India.
