Chandigarh, February 20
Punjab’s Minister for Industries & Commerce, Investment Promotion and Power Sanjeev Arora, held a key meeting today in Mumbai with prominent industrialist Sajjan Jindal, Chairman of the JSW Group. The meeting was also attended by Amit Dhaka, CEO of Punjab Invest.
During the discussions, Jindal announced a major investment of ₹1,500 crore in the steel sector at Rajpura. He also expressed the JSW Group’s interest in exploring further investments across its diverse business verticals in Punjab. This proposed investment is expected to significantly bolster the state’s manufacturing ecosystem, strengthen the steel value chain, and create a large number of direct and indirect employment opportunities in the region.
Jindal confirmed his participation in the inaugural session of the Invest Punjab Summit, scheduled for March 13 at Plaksha University. He commended the Punjab Government’s targeted industrial outreach and the investor-friendly environment being fostered under the leadership of Chief Minister Bhagwant Mann.
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Highlighting Punjab’s robust industrial strengths, Minister Sanjeev Arora pointed out the state’s strategic location with excellent connectivity to northern markets, a strong MSME ecosystem, skilled workforce, and well-established industrial clusters in key sectors including steel, auto components, textiles, sports goods, food processing, and light engineering. He also highlighted Punjab’s consistent performance as a “Top Achiever” in Ease of Doing Business reforms and its progressive single-window clearance system that delivers time-bound approvals and seamless investor support.
The Minister shared that the Punjab Government is in the final stages of finalizing a new, comprehensive, and future-oriented Industrial Policy designed to attract next-generation manufacturing and technology-driven investments. The forthcoming policy will emphasize competitive fiscal incentives, plug-and-play industrial infrastructure, sector-specific parks, faster approvals, enhanced logistics efficiency, and strong support for emerging sunrise sectors such as defence manufacturing, electric mobility, advanced materials, renewable energy, and high-end engineering. Special focus will be placed on promoting value-added manufacturing, increasing exports, and generating large-scale job opportunities for Punjab’s youth.
Appreciating the proactive and industry-friendly policies of the Punjab Government, Sajjan Jindal praised Minister Sanjeev Arora’s relentless efforts in attracting new investments and his dedication to building a stable, supportive business climate. Encouraged by the state’s policy framework and facilitation approach, he expressed strong interest in exploring opportunities in defence manufacturing, the automobile sector, and renewable energy projects in Punjab.
Reaffirming the Government’s full commitment to industrial growth, Minister Sanjeev Arora assured complete support, handholding, and expedited clearances for the proposed JSW projects. He stressed that Punjab remains dedicated to providing reliable power supply, upgraded logistics infrastructure, and a responsive administrative system to facilitate easy establishment and expansion of industries.
This meeting represents another significant step in Punjab’s ongoing efforts to establish itself as one of India’s most attractive and competitive investment destinations—aligned with the broader vision of inclusive growth, industrial diversification, and large-scale job creation ahead of the Progressive Punjab Investors’ Summit 2026.
