Chandigarh, October 10, 2025 – Punjab has recorded a sharp increase in industrial investment in the current financial year, with projects worth ₹29,480 crore expected to generate 67,672 jobs, according to government data. Over the past two and a half years, the state has attracted more than ₹88,000 crore in investments across sectors such as manufacturing, IT, agriculture-based industries, food processing, pharmaceuticals, textiles, and tourism.
Major companies committing funds include Tata Steel Limited, which announced an investment of ₹2,600 crore, Sanatan Polycot Private Limited ₹1,600 crore, and Ambuja Cements Limited. Infosys said it would expand its Mohali operations with a ₹300-crore investment, expected to create 2,500 direct jobs and 210 indirect positions.
Officials attribute the surge in investments to the relaunch of the Punjab Investment Promotion Portal, which they say has increased project proposals by 167%. The portal allows investors to apply for approvals online, replacing the previous system that required visiting multiple offices and waiting for file circulation between departments.
The state has also introduced a single-window clearance system and an industrial land bank to help investors identify suitable land. Tax exemptions, subsidies, and simplified licensing procedures have been offered, particularly for Micro, Small, and Medium Enterprises (MSMEs), to facilitate faster project implementation.
Since March 2022, the state has received proposals totaling ₹1.14 lakh crore, projected to generate more than 4.5 lakh jobs. The government has formed 24 advisory panels with sector experts to resolve investors’ issues and suggest policies for industrial growth.
Chief Minister Bhagwant Mann said, “Every investment proposal is reviewed with employment generation in mind.” The current wave of projects is spread across cities and smaller towns, potentially offering job opportunities beyond urban centres.
Analysts note that if investment levels remain consistent, Punjab’s economic and employment landscape could see significant changes in the next two to three years.
