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Punjab focuses on job creation through Mumbai investment drive

Mann administration targets sustainable employment for youth ahead of 2026 Summit

by TheReportingTimes

Chandigarh, Feb 4: The Punjab government intensified its efforts to secure industrial investments during a high-profile roadshow in Mumbai on Wednesday, aiming to create a steady stream of employment opportunities for the state’s youth. The outreach program serves as a precursor to the Progressive Punjab Investors’ Summit 2026, focusing on transforming capital commitments into long-term career prospects.

Led by a high-level delegation, the state engaged with prominent industry leaders and financial institutions to pitch Punjab as a primary hub for manufacturing and logistics. Officials noted that the strategy revolves around a “coherent chain of opportunities,” which includes scaling small and medium enterprises into global entities and attracting international firms to set up base in the state.

“The meetings explored possibilities for new investments as well as expansion of existing operations in Punjab,” a government spokesperson said. The official mentioned that the state is leveraging its skilled workforce and policy stability to attract groups such as Sanathan Textiles and Mahindra Group, with a specific focus on automotive, textiles, and defense manufacturing.

A significant portion of the day was dedicated to a CXO Roundtable featuring private equity firms and wealth management leaders. During the session, the Administrative Secretary for Investment Promotion noted the state’s commitment to policy certainty and facilitation for those looking to scale businesses within the region. The CEO of Invest Punjab further mentioned that the “FastTrack Punjab” single-window system ensures time-bound approvals for new projects.

The delegation also held discussions with UAE-based DP World regarding rail-linked inland terminals and multimodal infrastructure. These talks are intended to boost the state’s export competitiveness. Additional meetings with retail and agri-input giants like Avenue Supermarts and UPL Limited further diversified the scope of the investment drive.

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