Punjab Government Committed to Sustained Engagement, Facilitation, and Reforms to Make the State a Preferred Destination for MSMEs and Investment: Sanjeev Arora
CHANDIGARH, December 26, 2025:
Punjab’s Industry & Commerce and Investment Promotion Minister Sanjeev Arora today addressed a press conference dedicated to the MSME (Micro, Small, and Medium Enterprises) sector, reaffirming the Punjab Government’s firm commitment to creating a supportive, transparent, and facilitative ecosystem for micro, small, and medium enterprises throughout the state.
During the interaction, Minister Sanjeev Arora highlighted a range of initiatives aimed at strengthening MSMEs, including strong policy support, simplified and time-bound regulatory processes, and proactive guidance through Invest Punjab to ensure swift approvals and seamless project implementation. “MSMEs form the backbone of Punjab’s industrial economy and play a vital role in job creation, innovation, and balanced regional development,” he stressed.
The Industry & Commerce Minister pointed out that the government is consistently engaging with industry stakeholders to better understand their needs and challenges, while delivering responsive governance that allows businesses to concentrate on growth and productivity instead of bureaucratic obstacles.
Minister Sanjeev Arora reiterated the Punjab Government’s determination to collaborate closely with MSMEs through ongoing dialogue, timely facilitation, and business-friendly reforms, ensuring that Punjab emerges as a top choice for enterprises and investments.
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Representatives from the participating companies shared their positive experiences of working with the government and appreciated the facilitation support provided so far. They also announced their forthcoming investment and expansion plans in Punjab.
Collectively, the companies outlined proposed investments exceeding ₹400 crore in key sectors such as auto components, logistics and warehousing, cold chain and agri-infrastructure, and renewable energy manufacturing. These investments are poised to further bolster Punjab’s MSME ecosystem and create substantial employment opportunities.
Company-wise Investment Proposals:
- Jai Parvati Forge (Auto Components), SAS Nagar – ₹300 crore
- Kova Fasteners Pvt. Ltd. (Auto Components / Fasteners), Ludhiana – ₹50 crore
- Luthra Cold Storage (Cold Chain / Agri-Logistics), Ludhiana – ₹10–12 crore
- Mohali Logistics (Warehousing & Logistics), SAS Nagar – ₹10 crore
- Roshni Renewables LLP (Renewable Energy – Solar Manufacturing), Fatehgarh Sahib – ₹100 crore (Phase I) and ₹300 crore in subsequent phases
Representatives present at the press conference included Raghav Luthra and Denis Luthra of Luthra Cold Storage, Rishi Gupta of Kova Fasteners, S.S. Chauhan of Jai Parvati Forge, Harvir Singh of Mohali Logistics, and Jaspal Singh, Director, Roshni Renewables LLP.
