Jalandhar: Punjab Cupboard Minister for Industries and Commerce, Funding Promotion, Native Our bodies, and Energy, Sanjeev Arora, chaired a key MSME meet in Jalandhar at the moment, outlining a complete imaginative and prescient for industrial enlargement and inexperienced power adoption within the state.
Addressing native industrialists, Minister Arora highlighted that Punjab witnessed the highest-ever funding commitments in its historical past for 2025-26, exceeding Rs. 60,000 crore, reflecting the federal government’s deal with making a conducive setting for industrial progress. Main industrial teams, together with the JSW Group and Mittal Group, introduced investments of Rs. 3,000 crore and Rs. 2,600 crore, respectively.
The Minister introduced that the Punjab Authorities will roll out a brand new industrial park coverage inside a month, geared toward growing massive industrial parks throughout at the least 25 acres. Industries and actual property builders will collectively take part in these tasks, and traders will obtain all needed approvals just by registering for funding.
Describing the coverage as a “game-changer,” Arora mentioned industries transferring to the brand new parks will obtain important incentives. Present industries adopting zero liquid discharge norms will probably be eligible for incentives as much as Rs. 10 crore, whereas new industries will obtain 100% incentives. Industries organising paddy straw boiler crops will even obtain incentives of as much as Rs. 7.5 crore.
The Minister additional emphasised Punjab’s formidable inexperienced power targets, asserting a goal to generate 85% of electrical energy from renewable sources resembling photo voltaic power and battery storage programs over the following 5 years. A complete roadmap is being ready to place Punjab as a pacesetter in clear power utilization.
Moreover, Arora revealed a brand new operation and upkeep coverage for industrial hubs and focal factors, permitting industrialists to gather upkeep expenses immediately and make the most of the funds for repairs.
On addressing legislation and order issues, the Minister reassured industrialists, stating that extortion calls are sometimes makes an attempt by miscreants and urged instant reporting to the police. He cited Authorities of India knowledge exhibiting Punjab’s legislation and order state of affairs is best than 17 different states, emphasizing that such a steady setting has helped entice report investments.
Earlier within the day, Minister Arora met with native industrialists, listened to their grievances, and instructed the involved departments to resolve points on precedence. He additionally held discussions with officers from the Industries, Native Our bodies, and Energy Departments. The assembly was attended by Mayor Vineet Dhir, Deputy Commissioner Dr. Himanshu Aggarwal, Commissioner of Police Dhanpreet Kaur, H.S. Brar, MD Infotech, and representatives of varied industries.
