NEW DELHI: Punjab has emerged as a major global investment destination, attracting international companies and creating new employment opportunities for youth under the leadership of Chief Minister Bhagwant Singh Mann.
Once known primarily as India’s food provider, Punjab is now positioning itself as an “investment provider” with proposals worth ₹1.23 lakh crore received since March 2022. These investments are expected to generate nearly 4.7 lakh jobs, showcasing the state’s rising economic strength and potential to empower families through employment.
CM Mann said his “industry-first” policies have created an investment-friendly ecosystem, making Punjab a preferred choice for investors from Japan, America, Germany, UK, UAE, Switzerland, France, Spain, and several other countries.
Global Companies Bet Big on Punjab
A recent example of international trust is the Netherlands-based De Heus, a 100-year-old company that has set up a state-of-the-art plant worth ₹150 crore in Rajpura. Completed within two years, the facility will provide over 300 direct jobs while creating indirect business opportunities for lakhs across Punjab, Haryana, Rajasthan, and Madhya Pradesh.
Ease of Doing Business Reforms
Punjab has implemented sweeping reforms to simplify business processes:
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FastTrack Punjab Portal: India’s most advanced single-window system, eliminating offline applications.
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Punjab Right to Business Act: Provides in-principle approvals for eligible units up to ₹125 crore within 5 days.
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Time-bound approvals: Punjab is the first state to guarantee approvals within 45 days with escalation and deemed approval mechanisms.
Expanding Beyond Agriculture
Highlighting Punjab’s resilient economy, Mann noted that although the state has only 1.5% of India’s land, it contributes nearly 3% to the national GDP. Beyond agriculture, sectors like food processing, textiles, auto parts, IT, tourism, and film industry are witnessing rapid growth.
Progressive Punjab Investors Summit 2026
To further showcase opportunities, Punjab will host the Progressive Punjab Investors Summit in Mohali from March 13–15, 2026. “This summit is the best platform to highlight Punjab’s potential, explore collaborations, and build a globally competitive industrial environment,” Mann said while inviting industrialists worldwide.
With rich resources, pro-industry reforms, and investor-friendly policies, Punjab is cementing its position as a global hub for trade and investment.
