- ₹700 crore for steel expansion + ₹400 crore for renewable energy
- Turnover to jump from ₹3,000 crore to ₹5,000 crore; jobs to rise from 1,800 to 3,000
- Mandi Gobindgarh set to regain its position as Punjab’s industrial powerhouse
Chandigarh, April 1,
Punjab Cabinet Minister for Industries & Commerce, Investment Promotion, Power & Local Government, Sanjeev Arora, announced that the Jogindra Group will invest ₹1,100 crore in Punjab, marking a significant boost to the state’s industrial growth and green energy push.
The investment includes ₹700 crore in the steel sector (through Jogindra Castings and Vardhman Adarsh) and ₹400 crore in renewable energy (through Jogindra Green India). This expansion reflects growing investor confidence in Punjab’s progressive policies and business-friendly environment under Chief Minister Bhagwant Singh Mann.
Sanjeev Arora stated, “The Jogindra Group’s turnover is expected to increase from ₹3,000 crore to ₹5,000 crore, while its employee strength will grow from 1,800 to 3,000, creating substantial new employment opportunities. Renewable energy capacity will also expand significantly from 37 MW to 120 MW.”
watch…..ਪੰਜਾਬ ਸਰਕਾਰ ਰਾਜਸਥਾਨ ਤੋਂ 1.44 ਲੱਖ ਕਰੋੜ ਰੁਪਏ ਦੇ ਪਾਣੀ ਬਕਾਏ ਦੀ ਵਸੂਲੀ ਕਰੇਗੀ – ਮੁੱਖ ਮੰਤਰੀ ਮਾਨ
Established in 1992, the Jogindra Group is a prominent North Indian industrial conglomerate with a strong presence in steel manufacturing and an expanding footprint in renewable energy. The group is promoted by CMD Adarsh Garg along with Directors Sanjay Gupta and Nimit Gupta.
Highlighting the regional impact, the Minister said, “Mandi Gobindgarh has traditionally been the backbone of Punjab’s steel industry. With fresh investments and modernization under the Bhagwant Mann Government, it is once again emerging as a major growth engine for the state’s industrial economy.”
Arora added that this ₹1,100 crore investment will strengthen Punjab’s industrial base, generate quality jobs, and promote sustainable development through cleaner and more efficient production.
Reaffirming the government’s commitment, the Minister said, “The AAP Government is focused on creating a conducive ecosystem for industry, ensuring ease of doing business, and encouraging environmentally responsible investments across Punjab.”
