Chandigarh/Mumbai: Punjab’s push to position itself as a preferred global investment destination gained fresh momentum as the Hinduja Group, one of the world’s leading diversified conglomerates, expressed strong interest in investing in the state following high-level discussions with Chief Minister Bhagwant Singh Mann. The engagement marks a significant step in the state’s investor outreach efforts aimed at creating new opportunities for youth and accelerating industrial growth.
The Chief Minister highlighted that Punjab has received investment proposals worth ₹1.5 lakh crore since March 2022, reflecting rising investor confidence driven by policy reforms, infrastructure development, and a business-friendly governance framework.
Punjab Offers Strong Investment Ecosystem: CM Mann
During the meeting, CM Bhagwant Singh Mann said Punjab offers one of the most attractive investment environments in the country, backed by robust infrastructure, surplus power availability, skilled manpower, seamless road, rail and air connectivity, and a strong digital ecosystem.
“Punjab is the best state from an investment point of view. We provide ease of doing business, policy stability, and an ecosystem where industries can grow sustainably,” the Chief Minister said.
He added that Punjab presents vast opportunities across sectors such as electric vehicles, digital and financial services, cyber security, renewable energy, healthcare, industrial real estate, and strategic investments.
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From Food Basket to Industrial Powerhouse
While reiterating Punjab’s historic role as the Food Basket of India, CM Mann said the state’s industrial journey has entered a new phase. Punjab today leads in food processing, textiles, auto components, hand tools, bicycles, IT, tourism, and manufacturing, with growing global integration.
He noted that several international companies including Nestlé, Cargill, Claas, Freudenberg, Verbio and Danone have established operations in Punjab, with investments coming from countries such as Japan, the US, Germany, the UK, UAE, France, Spain and Switzerland.
Ease of Doing Business and Policy Reforms Drive Growth
The Chief Minister said Punjab ranks among the Top Achievers in Ease of Doing Business and has launched the Fast Track Punjab Portal, offering over 200 approvals through a fully digital single-window system.
Key reforms include:
- In-principle approvals within five days for projects up to ₹125 crore
- Time-bound clearances within 45 days
- Deemed approvals and escalation mechanisms
- Punjab Right to Business Act
- AI chatbots, WhatsApp alerts, and real-time investor facilitation
“These reforms ensure transparency, speed, and predictability for investors,” CM Mann said.
Mumbai Investment Roadshow Strengthens Corporate Engagement
As part of its strategic outreach, the Punjab government launched a two-day Mumbai Investment Roadshow ahead of the Progressive Punjab Investors’ Summit 2026, scheduled for March 13–15 in Mohali.
The Punjab delegation held one-on-one meetings with leading corporates including Hindustan Unilever, Motilal Oswal Group, Cargill India, Hinduja Group, HPCL, HPCL-Mittal Energy, Waaree Group, Parksons Packaging, and Whistling Woods International.
Progressive Punjab Investors’ Summit 2026
Inviting industry leaders to the upcoming summit, CM Mann said the event will serve as a platform to showcase Punjab’s industrial growth story, foster collaboration, and attract global investments.
“This is the right time to invest in Punjab. We are building a future-ready state focused on innovation, manufacturing excellence, and global competitiveness,” the Chief Minister said.
