Chandigarh: The District Level Committee (DLC), Ludhiana, chaired by Deputy Commissioner Himanshu Jain, has approved several fiscal incentives for industrial units under the Punjab Government’s Industrial & Business Development Policies.
The approvals cover new manufacturing projects, MSMEs, micro enterprises and existing industrial units. The move is aimed at encouraging fresh investment, supporting businesses and strengthening the ease of doing business in Ludhiana.
During the meeting, the Deputy Commissioner also reviewed pending applications related to regulatory clearances. He directed concerned departments to speed up the process and ensure approvals are issued within a fixed timeframe.
₹717.74 Crore Manufacturing Unit Gets Major Benefit
One of the biggest approvals went to M/s Kumar Exports Industries Private Limited in Doraha. The company is setting up a new manufacturing unit with an investment of approximately ₹717.74 crore.
The unit has been granted 100% Electricity Duty exemption for seven years under the Industrial & Business Development Policy (IBDP)-2017.
The incentive is expected to reduce the operating burden on the new manufacturing facility and support the company’s investment plans in the district.
For Punjab, such large industrial projects can also contribute to employment generation and strengthen the state’s manufacturing ecosystem.
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MSMEs and Micro Enterprises Receive Incentives
The DLC also cleared incentives for smaller industrial units, with a focus on MSMEs and micro enterprises.
M/s Choudhary Steel Industries, Khanna, a new MSME manufacturing steel products, was approved for an Electricity Duty exemption under IBDP-2022.
Meanwhile, M/s Aditya International, Ludhiana, a micro enterprise engaged in apparel and textile manufacturing, received approval for a Capital Subsidy of ₹27.19 lakh.
Such incentives are particularly significant for smaller businesses, where energy costs and capital requirements can have a direct impact on expansion and competitiveness.
₹47.93 Crore Auto Parts Project Gets Stamp Duty Exemption
The Committee also approved a Stamp Duty exemption worth ₹37.50 lakh for M/s Ivana Forge Private Limited, Hambran.
The company has proposed an investment of ₹47.93 crore in a manufacturing project for automotive and tractor parts. The incentive has been approved under IBDP-2026.
The project is aligned with Punjab’s broader efforts to strengthen manufacturing and attract investment in industrial sectors linked to automobiles, engineering and machinery.
Existing Units Get SGST Reimbursements
Apart from incentives for new projects, the DLC approved Net SGST reimbursements for several eligible industrial units under IBDP-2017.
The approved reimbursements include:
- KHK Alloys Private Limited: ₹59.28 lakh
- Om Steel Industries: ₹39.64 lakh
- Indian Special Castings Private Limited: ₹14.48 lakh
- AAGAAZ: ₹15.89 lakh
- Punjland Beverages Private Limited: ₹6.85 lakh
- DUA Plastic Industries: ₹4.12 lakh
- Shree Radhe Steel Industries: ₹4.50 lakh
These reimbursements provide financial support to eligible businesses and form part of Punjab’s incentive framework for industrial development.
Focus on Faster Regulatory Clearances
The meeting also focused on applications that are still awaiting regulatory approvals.
Deputy Commissioner Himanshu Jain stressed that timely clearances are important for attracting new investments and allowing industrial projects to move forward without unnecessary delays.
He directed the concerned departments to expedite pending cases and maintain a time-bound approval process.
The emphasis on faster clearances is also linked to improving the ease of doing business at the district level. Faster regulatory processes can help companies begin operations sooner while reducing delays associated with project implementation.
Punjab’s Push for Industrial Growth
Maninder Singh, General Manager of the District Industries Centre, Ludhiana, said the Punjab Government is providing attractive industrial incentives under its Industrial & Business Development Policies.
According to him, eligible enterprises can receive benefits of up to 100% of eligible investment, depending on factors such as the category, sector and eligibility of the enterprise.
The incentive framework is designed to promote investment, strengthen MSMEs and create employment opportunities while improving the business environment across Punjab.
The Ludhiana approvals reflect the role of district-level institutions in implementing these policies on the ground. By combining incentives for large manufacturing projects with support for MSMEs and existing industrial units, the government is seeking to broaden the base of industrial growth.
The latest decisions also underline the importance of efficient regulatory systems alongside financial incentives. For investors, access to fiscal benefits can encourage investment, but timely approvals remain equally important for projects to become operational.
With Ludhiana being a major industrial centre, the approved projects and incentives could further support manufacturing activity, business expansion and employment generation in the district.
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