Steadily transforming into an industrial powerhouse, Punjab, over the past 30 months, has attracted investments worth Rs 86,000 crore, paving the way for the creation of 3.92 lakh jobs.
Highlighting the State Government’s unwavering commitment to propelling Punjab’s development through industrialization, Chief Minister Bhagwant Mann on Tuesday noted that companies like Tata Steel and Sanatan Textiles are among the many leading firms eager to invest in the state, citing Punjab's peaceful and harmonious environment as a significant factor driving this growth.
The Chief Minister emphasized that his government is leaving no stone unturned in ensuring Punjab’s transition to a high-growth trajectory. “Within just 30 months, we have provided a massive boost to industrialization, making Punjab a sought-after destination for major industries,” said Mann, adding that this unprecedented industrial surge has been supported by the state’s top-tier infrastructure, skilled workforce, and favourable business environment.
Mann underscored his government’s commitment to empowering local youth, stating that job creation for Punjabis is a non-negotiable condition for all incoming investors. “Our primary condition for investors is that employment opportunities must prioritize local youth. This ensures that the state’s young talent actively contributes to Punjab’s socio-economic growth,” he asserted.
The Chief Minister expressed pride in Punjab’s ability to attract top-tier investors who are leveraging the state’s strategic advantages. “Entrepreneurs benefit immensely from our excellent infrastructure, reliable power supply, skilled human resources, and exemplary industrial culture. These factors have positioned Punjab as a rapidly emerging industrial hub,” Mann said.
He further reassured investors of the government’s openness to innovative ideas and partnerships to accelerate industrial growth. “We are always receptive to new concepts and technologies that can propel Punjab’s industrial ecosystem to new heights,” he added.
Mann reaffirmed his vision for Punjab’s industrial future, highlighting that this transformative wave of investment not only uplifts the state’s economy but also creates sustainable livelihoods for its people. With communal harmony and economic growth working hand in hand, Punjab is poised to emerge as a national leader in industrial development.
