Punjab Emerging as a Magnet for Industrial Investment

by Harleen Kaur

AI Generated Summary

  • The government has also announced the construction of a new cricket stadium in Amritsar, further cementing Punjab’s position as a dynamic and multifaceted investment destination.
  • Investors from across India and abroad are being invited to participate in the sixth Progressive Punjab Investors Summit, scheduled to take place in Mohali from March 13 to 15 next year.
  • The event aims to showcase new opportunities in manufacturing, renewable energy, logistics, and digital technology, reinforcing Punjab’s role as a driver of India’s next wave of industrial growth.

Punjab is fast emerging as one of India’s most promising destinations for industrial growth and investment, driven by its business-friendly policies, robust infrastructure, and skilled workforce. The state government is actively positioning Punjab as a hub for industries ranging from food processing and textiles to information technology and tourism.

Addressing industrialists in Bengaluru, state officials underscored that Punjab’s contribution to the national economy far exceeds its geographic size. Despite covering just 1.5 per cent of India’s land area, Punjab accounts for nearly 3 per cent of the national GDP — a reflection of its productivity and industrial strength.

A New Industrial Era

Over the past three years, Punjab has undergone what officials describe as a “paradigm shift” in its industrial landscape. The state has attracted investment proposals worth ₹1.23 lakh crore since March 2022, which are expected to generate more than 4.7 lakh new jobs. This growth has been powered by targeted reforms, improved ease of doing business, and an emphasis on sectoral diversification.

Punjab’s industrial base is expanding rapidly in key sectors such as auto components, hand tools, bicycles, agro-industries, and IT. With a strong agricultural foundation, the state is also drawing significant interest from food processing companies seeking to leverage its fertile land and established supply chains.

Beyond Industry: A Creative and Sporting Hub

In addition to manufacturing and services, Punjab is making strides in creative industries and sports infrastructure. Plans are underway for a film city, aimed at attracting domestic and international filmmakers. The government has also announced the construction of a new cricket stadium in Amritsar, further cementing Punjab’s position as a dynamic and multifaceted investment destination.

Global Recognition and Investor Confidence

Punjab’s appeal extends beyond its economic indicators. The state’s reputation for resilience and enterprise — embodied by its people — has long made it a global symbol of hard work and innovation. Industrialists who have already established operations in Punjab report significant expansion, encouraged by the state’s responsive administration and conducive business climate.

Looking Ahead: Progressive Punjab Investors Summit 2026

Investors from across India and abroad are being invited to participate in the sixth Progressive Punjab Investors Summit, scheduled to take place in Mohali from March 13 to 15 next year. The event aims to showcase new opportunities in manufacturing, renewable energy, logistics, and digital technology, reinforcing Punjab’s role as a driver of India’s next wave of industrial growth.

Harleen Kaur

You may also like