Recently, the CM Bhagwant Mann has launched the Punjab Industrial Policy-2026 in Ludhiana. The policy sets the aim to attracts the Rs 75,000 crore in new investments this year. He presents this plan as significant step toward making the state a top investment destination.
Punjab Launches New Industrial Policy
He describe the policy as guide to transforms Punjab into most appealing hubs for industry and manufacturing in India. During this speech, he focus that the framework give more flexibility to investors.
Further he said, “The policy is designed to provide long-term stability. For the first time, we are allowing investors to create their own incentive packages from a menu of 20 different options.”
Aim to make 75,000 crore investments
Arora explained that the new framework focuses on sector-specific strategies to speed up growth across the state.
“This is India’s first 24 Sectoral Policy,” he noted. He added that the Punjab government has established a system of 20 different incentives for investors to choose from based on their needs.
He also announced that companies investing Rs 25 crore and hiring at least 50 workers will become eligible for employment-linked incentives.
Also Read: Manu Bhoomi Developers Targets Heritage Cities for Strategic Real Estate Expansion