MUMBAI/CHANDIGARH, February 20, 2026 — The JSW Group has pledged a ₹1,500 crore investment in a new steel facility at Rajpura, marking a significant expansion of Punjab’s industrial landscape. The announcement followed a high-level meeting in Mumbai between Punjab Industries and Commerce Minister Sanjeev Arora and JSW Group Chairman Sajjan Jindal.
Minister Sanjeev Arora stated that the capital infusion into the steel sector will bolster the state’s manufacturing capabilities and generate substantial employment for local youth. He affirmed that the Punjab government is prepared to provide comprehensive support and expedited clearances for the project.
“The investment in the steel sector at Rajpura will strengthen Punjab’s manufacturing base and create large-scale employment,” Arora declared. He noted that the state is currently finalizing a future-ready industrial policy designed to offer competitive fiscal incentives and robust infrastructure for new ventures.
Sajjan Jindal confirmed his attendance at the upcoming Invest Punjab Summit, scheduled for March 13 at Plaksha University. He stated that his group is also interested in exploring further opportunities within Punjab’s renewable energy, automobile, and defense manufacturing sectors.
The Industries Minister asserted that the state’s strategic location and skilled workforce have made it a preferred destination for major industrial houses. He maintained that the government’s single-window clearance system ensures that approvals are granted in a time-bound manner, facilitating a seamless setup for investors.