SAS NAGAR : Leading industrialists from across the globe praised Punjab Chief Minister Bhagwant Singh Mann for transforming the state into a major investment destination during the Progressive Punjab Investors Summit 2026, highlighting the positive impact on Punjab industrial growth.
At the summit, top business leaders announced new investments and expansion plans, emphasizing the government’s progressive policies and support for industries.
ArcelorMittal Lakshmi N Mittal Lauds Punjab’s Industrial Vision
Lakshmi N Mittal, Executive Chairman of ArcelorMittal, called Punjab a land of energy, courage, and resilience, stating, “Punjabis have a unique global identity because of their hard work and commitment. Our investments of over ₹60,000 crore, including the Bathinda refinery, have laid the foundation for significant Punjab industrial growth. The new world-scale petrochemical complex worth ₹26,000 crore is expected to boost MSMEs and accelerate socio-economic development in the state.”
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Mittal further announced plans to expand into renewable energy and set up 500 AI-powered petrol pumps in Punjab, starting with Bathinda. He praised CM Bhagwant Singh Mann’s personal involvement in facilitating industrial growth and ensuring long-term partnerships with investors.
Hero Enterprises, Tata Steel, Trident Group, and JSW Announce Expansion
Sunil Kant Munjal, Chairman of Hero Enterprises, highlighted the government’s industrial reforms and expressed optimism about Punjab reclaiming its position as a leading industrial hub. He applauded initiatives in education, healthcare, technology, and real estate that strengthen the state’s ecosystem for Punjab industrial growth.
ਪੰਜਾਬੀ ਪੂਰੀ ਦੁਨੀਆ ਵਿੱਚ ਆਪਣਾ ਨਾਮ ਬਣਾਉਣ ਲਈ ਜਾਣੇ ਜਾਂਦੇ ਹਨ। ਦੁਨੀਆ ਵਿੱਚ ਕੋਈ ਵੀ ਮੁਸੀਬਤ ਆਉਂਦੀ ਹੈ ਤਾਂ ਪੰਜਾਬੀ ਮਦਦ ਲਈ ਪਹਿਲਾਂ ਪਹੁੰਚ ਜਾਂਦੇ ਹਨ। ਕਿਤੇ ਵੀ ਸੰਕਟ ਆਉਣ ‘ਤੇ ਜੇ ਉੱਥੇ ਪੰਜਾਬੀ ਨੇ ਤਾਂ ਸਮਝੋ ਖਾਣੇ ਦਾ ਪ੍ਰਬੰਧ ਹੋ ਗਿਆ। ਪੰਜਾਬੀਆਂ ਦੇ ਹੁੰਦੇ ਕੋਈ ਵੀ ਭੁੱਖਾ ਨਹੀਂ ਰਹਿ ਸਕਦਾ।
-CM ਭਗਵੰਤ ਮਾਨ pic.twitter.com/PhOJWJn6Kq
— AAP Punjab (@AAPPunjab) March 14, 2026
T. V. Narendran, CEO and MD of Tata Steel Limited, shared that the ₹3,200 crore steel plant in Ludhiana is near completion, showcasing energy-efficient and environmentally sustainable technologies. He emphasized that this project marks just the beginning of further investments in Punjab.
Rajinder Gupta, Rajya Sabha MP and Chairman of Trident Group, announced a ₹5,000 crore investment in Punjab over the next two years, creating over 10,000 jobs in the textile sector, including 5,000 jobs for women. He credited the Punjab Government’s policies for setting a historic precedent in Punjab industrial growth.
JSW Group Chairman Sajjan Jindal revealed a ₹3,000 crore expansion of the Rajpura plant, reinforcing Punjab’s shift from traditional agriculture to a vibrant industrial hub under CM Bhagwant Singh Mann’s leadership.
Industrialists Praise Investor-Friendly Policies
Industry leaders collectively praised the government’s proactive approach, including the Fast Track Punjab portal, single-window approvals, and incentives for MSMEs and large-scale industries. They highlighted that these policies are driving substantial Punjab industrial growth while creating thousands of employment opportunities for the youth.
The summit reaffirmed Punjab’s position as a prime destination for investment, emphasizing human capital, technological innovation, and a business-friendly environment. With major investments flowing in across steel, petrochemicals, textiles, and renewable energy sectors, Punjab is poised for accelerated industrial and economic growth.