Sanjeev Arora Meets Sajjan Jindal; ₹1,500 Crore JSW Investment Announced for Rajpura Steel Sector
Home StatePunjabSanjeev Arora Meets Sajjan Jindal; ₹1,500 Crore JSW Investment Announced for Rajpura Steel Sector

Sanjeev Arora Meets Sajjan Jindal; ₹1,500 Crore JSW Investment Announced for Rajpura Steel Sector

JSW Group to strengthen Punjab’s manufacturing base; major push for jobs and industrial growth ahead of Invest Punjab Summit

by Tamanna

Chandigarh: Punjab’s Minister for Industries & Commerce, Investment Promotion and Power, Sanjeev Arora, met leading industrialist Sajjan Jindal, Chairman of the JSW Group, in Mumbai to discuss potential investment opportunities in the state. The meeting was also attended by Amit Dhaka, CEO of Punjab Invest.

During the discussion, Sajjan Jindal announced an investment of ₹1,500 crore in the steel sector at Rajpura. He also expressed JSW Group’s interest in exploring further investments across its diversified business verticals in Punjab. The proposed investment is expected to strengthen the state’s manufacturing ecosystem, expand the steel value chain, and create significant direct and indirect employment opportunities.

Jindal confirmed his participation in the inaugural session of the Invest Punjab Summit scheduled for March 13 at Plaksha University. He appreciated the Punjab Government’s proactive industrial outreach and investor-friendly approach under the leadership of Chief Minister Bhagwant Singh Mann.

Highlighting the state’s industrial strengths, Minister Sanjeev Arora said Punjab offers a strategic geographic location with strong connectivity to northern markets, a vibrant MSME sector, skilled workforce, and well-established industrial clusters in steel, auto components, textiles, sports goods, food processing, and light engineering. He also noted Punjab’s consistent recognition as a “Top Achiever” in Ease of Doing Business reforms and its efficient single-window clearance system that ensures timely approvals and investor support.

Sanjeev Arora Unveils Vision for Future-Ready Industrial Policy

Sanjeev Arora, further informed that the state government is finalizing a comprehensive and forward-looking Industrial Policy aimed at promoting advanced manufacturing and technology-driven investments. The policy will focus on competitive incentives, plug-and-play infrastructure, sector-specific industrial parks, faster clearances, improved logistics, and support for emerging sectors such as defence manufacturing, electric mobility, advanced materials, renewable energy, and high-end engineering. The initiative aims to boost value-added production, enhance exports, and generate large-scale employment opportunities for Punjab’s youth.

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Praising the government’s industry-friendly policies, Sajjan Jindal acknowledged Minister Sanjeev Arora’s efforts to attract fresh investments and create a stable business environment. Encouraged by the state’s policy framework, he showed interest in exploring opportunities in defence manufacturing, the automobile sector, and renewable energy projects in Punjab.

Reaffirming the government’s commitment, Sanjeev Arora assured full support, including fast-track clearances and facilitation, for JSW’s proposed projects. Sanjeev Arora, emphasized that Punjab is focused on providing reliable power supply, upgraded logistics infrastructure, and responsive governance to ensure smooth industrial operations and expansion.

The meeting marks another significant step in Punjab’s ongoing efforts to position itself as a preferred investment destination in India, aligned with its vision of inclusive growth, industrial diversification, and job creation ahead of the Progressive Punjab Investors’ Summit 2026.

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