Chandigarh, October 10, 2025 – Punjab has recorded a significant increase in industrial investment this financial year, with projects worth ₹29,480 crore expected to create 67,672 jobs, government figures show.
According to the state government, since March 2022, the state has attracted investment proposals totaling ₹1.14 lakh crore, which could generate more than 4.5 lakh jobs across sectors such as manufacturing, IT, agriculture-based industries, food processing, pharmaceuticals, textiles, and tourism.
Officials point to the relaunch of the Punjab Investment Promotion Portal as a key factor in attracting investors. The portal allows companies to obtain approvals online instead of navigating multiple offices, and reportedly increased project proposals by 167%. “Investors can now track their projects online, which reduces delays and improves transparency,” said a state official.
Major commitments include Tata Steel Limited investing ₹2,600 crore, Sanatan Polycot Private Limited ₹1,600 crore, and Ambuja Cements Limited contributing a substantial amount. Infosys plans to expand its Mohali operations with a ₹300-crore investment, expected to create 2,500 direct positions and 210 indirect roles.
In addition, the government has implemented a single-window clearance system and created an industrial land bank to help companies identify suitable land. Tax exemptions, subsidies, and simplified licensing procedures have been offered, particularly for Micro, Small, and Medium Enterprises (MSMEs), aiming to ease the start-up process.
The state has also established 24 advisory panels comprising sector experts to address industrial issues and advise on policy. Analysts say these measures aim to streamline the investment process and ensure projects move forward efficiently.
Chief Minister Bhagwant Mann said, “Every investment proposal is reviewed with employment potential in mind.” The new projects are spread across both urban and rural areas, which could provide job opportunities in smaller towns as well.
Economists and industry experts suggest that if Punjab continues to attract investments at this pace, the state could see notable changes in its industrial and employment landscape over the next two to three years.
