Chandigarh, October 16, 2025 — Punjab is fast gaining attention as a preferred destination for investment, with proposals worth over ₹1.23 lakh crore coming from 123 companies across sectors including textiles, automobiles, food processing, IT, and bicycle manufacturing. The proposed projects are expected to create approximately 4.7 lakh jobs, officials said.
The momentum was highlighted during Chief Minister Bhagwant Singh Mann’s recent visit to Bengaluru, where he met industrialists and pitched Punjab as a stable and business-friendly state. “Investing in Punjab is not just a profitable transaction; it is an opportunity for a long-term partnership,” Mann told the gathering. “We want investors to see Punjab not just as a land of business, but as a land of trust and development.”
State officials said Punjab has simplified industrial approval processes, implemented technology-driven governance, and introduced measures to improve the ease of doing business. These reforms, they said, have contributed to growing investor confidence and are transforming the state’s industrial landscape.
Mann also emphasized Punjab’s skilled workforce, strong infrastructure, and renewable energy potential as key advantages for industries. “Our youth, innovation-driven mindset, and modern outlook make Punjab a dynamic hub for multiple sectors,” he said. “From textiles to IT, the state is positioned to play a leading role across industries.”
The Chief Minister extended an invitation to industrialists for the “Progressive Punjab Investors Summit” in Mohali in March 2026. The summit is expected to bring together policymakers, investors, and researchers to strengthen industrial development and encourage further investments in the state.
Officials noted that Punjab has already established leadership in sectors such as food processing, auto components, textiles, bicycle manufacturing, tourism, and IT. The state government said the surge in investment proposals reflects its growing reputation as a reliable and progressive industrial destination.
A senior official described the current trajectory as a shift from an agriculture-centric economy to a balanced, industrially competitive state. “Through policy reforms, infrastructure development, and active investor engagement, Punjab is becoming a model of industrial growth and global competitiveness,” the official said.
With a combination of proactive government measures and investor interest, Punjab is expected to emerge as one of India’s fastest-growing industrial hubs in the coming years, officials added.
