Wednesday, February 04, 2026
Punjab

CM Mann's efforts deliver as Hinduja group shows interest in Punjab

February 03, 2026 09:38 PM
 CM Mann&39;s efforts deliver as Hinduja group shows interest in Punjab

Punjab Newsline,Chandigarh : 

 Punjab’s efforts to position itself as a preferred global investment destination gained fresh momentum as the Hinduja Group, one of the world’s leading diversified conglomerates, expressed strong interest in investing in the state following detailed discussions with CM Mann. The development is being seen as a significant boost to Punjab’s industrial growth ambitions and job creation goals, particularly for the state’s youth.

During the interaction, CM Mann presented Punjab as a stable, future-ready and business-friendly state, highlighting major policy reforms, robust infrastructure and growing investor confidence. He informed that since March 2022, Punjab has received investment proposals worth ₹1.5 lakh crore, with the potential to generate over 5.3 lakh employment opportunities across sectors.

The Chief Minister said Punjab offers vast investment potential in electric vehicles, digital and financial services, cyber security, renewable energy, healthcare, sustainability, real estate and industrial collaboration. He underlined that the state has surplus power, excellent road, rail and air connectivity, skilled manpower and a strong ease-of-doing-business framework, making it one of the most attractive destinations for investors in the country.

CM Mann noted that while Punjab has historically ensured India’s food security as the nation’s food basket, its industrial journey has taken a dynamic turn. The state now leads in food processing, textiles, auto components, bicycles, hand tools, information technology and tourism. He added that global companies such as Nestlé, Cargill, Danone, Claas, Verbio and Freudenberg have already established operations in Punjab, reflecting international confidence in the state’s governance and policies.

Highlighting reforms, the Chief Minister said Punjab ranks as a top achiever in Ease of Doing Business and has launched the Fast Track Punjab Portal, offering single-window, time-bound approvals with zero offline processes. Through the Punjab Right to Business Act, eligible units receive in-principle approvals within five days, along with deemed approvals and simplified regulatory mechanisms.

The Chief Minister also commenced a two-day Mumbai Investment Roadshow ahead of the Progressive Punjab Investors’ Summit 2026, scheduled from March 13 to 15 in Mohali. The roadshow featured high-level meetings with leading corporate groups including Hindustan Unilever, Cargill, Motilal Oswal, HPCL, Waaree Group and the Hinduja Group.

Inviting industry leaders to the upcoming summit, CM Mann said it will serve as a key platform to showcase Punjab’s industrial growth story and strengthen partnerships, reaffirming that Punjab is ready to emerge as a major global investment hub. 

Have something to say? Post your comment