Chandigarh, October 19: With a slew of policy reforms and infrastructure upgrades, Punjab is fast becoming an investor favourite, officials said Sunday. The government’s industry-friendly measures, including a single-window clearance system and corruption-free administration, have made doing business in Punjab “easy and secure.”
Data shared by officials show that most investment interest is coming into food processing, textile, auto parts, pharmaceutical, and IT sectors. Cities such as Mohali, Ludhiana, and Jalandhar are witnessing rapid industrial expansion, backed by improved logistics and connectivity.
Punjab’s location—close to Delhi and on the trade route with Pakistan—offers strategic access to northern markets. Officials say the state’s growing road and rail network, along with direct flights from Amritsar and Chandigarh to key destinations, has turned Punjab into a logistics hub.
To attract fresh investments, the government is offering affordable land, tax exemptions, and electricity subsidies for new industries. Dedicated industrial parks have been established with pre-built infrastructure to ease setup.
Chief Minister Bhagwant Mann has focused on youth skill development and job creation as central to the state’s economic revival. Industrial training and entrepreneurship programs are preparing a skilled workforce for upcoming projects.
Officials said the state’s improving law and order and emphasis on transparency are helping regain investor trust. “We have built a foundation where investment feels not only profitable but safe,” a government spokesperson said.
With a target of ₹1 lakh crore in fresh investments over the next five years, Punjab hopes to rank among India’s top five industrial states. The government says this economic push will create jobs, enhance farmer incomes, and boost the state’s role in national initiatives like Make in India and Atmanirbhar Bharat.