Home » Punjab Secures ₹1,500 Crore Steel Investment from JSW Group

Punjab Secures ₹1,500 Crore Steel Investment from JSW Group

Minister Sanjeev Arora outlines vision for industrial growth ahead of March summit

by TheReportingTimes

CHANDIGARH, February 20, 2026 — Punjab’s industrial outreach efforts have resulted in a ₹1,500 crore commitment from the JSW Group for a steel project in Rajpura. Industries Minister Sanjeev Arora finalized the details during a discussion with JSW Chairman Sajjan Jindal today, positioning the state as a rising hub for heavy industry.

The Minister declared that the project would serve as a catalyst for economic development in the region. He affirmed that the state government is committed to providing reliable power and improved logistics to ensure the success of the JSW Group’s venture.

“Punjab is emerging as a preferred investment destination with a robust industrial policy and investor-friendly ecosystem,” Arora affirmed. He maintained that the administration’s focus remains on value-added manufacturing and creating a stable environment for long-term business growth.

Sajjan Jindal acknowledged the proactive approach of the state government, stating that the current leadership has created a conducive atmosphere for large-scale investments. He affirmed that beyond the steel sector, the JSW Group is looking into potential projects in electric mobility and advanced engineering within the state.

Arora stated that the government’s upcoming industrial roadmap would prioritize sunrise sectors like defense and renewable energy. He asserted that the goal is to provide a “plug-and-play” infrastructure that allows global and domestic firms to expand with ease.

The meeting serves as a precursor to the Progressive Punjab Investors’ Summit next month. Minister Arora noted that the state continues to be recognized as a top achiever in ease-of-doing-business reforms, which remains a key factor in attracting major industrialists like Jindal.

 

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