Chandigarh, February 20
Punjab’s Minister for Industries & Commerce, Investment Promotion and Power, Sanjeev Arora, held a significant meeting with leading industrialist Sajjan Jindal, Chairman of the JSW Group, in Mumbai today. The meeting was also attended by Amit Dhaka, CEO, Punjab Invest.
During the meeting, Sajjan Jindal announced an investment of ₹1,500 crore in the steel sector at Rajpura. He further conveyed JSW Group’s intent to explore additional investments across its diversified verticals in Punjab. The proposed investment is expected to significantly strengthen the state’s manufacturing base, deepen the steel value chain, and generate substantial direct and indirect employment opportunities in the region.
Jindal also confirmed his presence at the inaugural session of the Invest Punjab Summit scheduled to be held on 13th March at Plaksha University. He appreciated the State Government’s focused industrial outreach and the investor-friendly ecosystem being developed under the leadership of Chief Minister Bhagwant Mann.
Highlighting Punjab’s strong industrial fundamentals, Arora emphasized that the state offers a strategic location with excellent connectivity to northern markets, a robust MSME ecosystem, skilled manpower, and well-developed industrial clusters across sectors such as steel, auto components, textiles, sports goods, food processing and light engineering. He also underlined Punjab’s consistent recognition as a “Top Achiever” in Ease of Doing Business reforms and the state’s progressive single-window clearance mechanism that ensures time-bound approvals and investor facilitation.
The Minister informed that the Government of Punjab is in the advanced stages of finalising a new, robust and future-ready Industrial Policy aimed at catalysing next-generation manufacturing and technology-led investments. The upcoming policy will focus on providing competitive fiscal incentives, plug-and-play industrial infrastructure, sector-specific parks, faster clearances, logistics efficiency, and strong policy support for sunrise sectors such as defence manufacturing, electric mobility, advanced materials, renewable energy and high-end engineering. Special emphasis is being laid on promoting value-added manufacturing, boosting exports, and creating large-scale employment for the youth of Punjab.
