Punjab Chief Minister Bhagwant Singh Mann on Wednesday reviewed preparations for the upcoming Progressive Punjab Investment Summit, scheduled to take place in Mohali from March 13 to 15. The meeting focused on finalising arrangements for the event, which the state government sees as a key initiative to boost industrial expansion and economic growth in Punjab.
During the review, Mann described the summit as an important milestone in strengthening Punjab’s position as a global investment destination. He said the event is expected to generate new opportunities for industrial development and help reshape the state’s economic future by attracting large-scale investments.
The Chief Minister stressed the importance of discussions with leading domestic and international companies to develop a comprehensive industry-friendly strategy. He expressed confidence in the entrepreneurial spirit of Punjabis, noting that their determination and work ethic have enabled them to succeed worldwide.
Sharing details about the event, Mann said the summit will be organised under the theme “Punjab Means Business – Policy to Practice.” He noted that the government has already conducted promotional roadshows in cities such as Gurugram, New Delhi, Bengaluru, Hyderabad, Chennai and Mumbai, along with international outreach in countries including Japan and South Korea. The summit will feature a range of sessions, including inaugural and valedictory events, country-specific discussions, plenary meetings and sector-focused deliberations.
He highlighted that the event will provide investors with a platform to explore business opportunities in Punjab, supported by a wide range of incentives offered by the state. According to Mann, the response from both Indian and global industry leaders has been encouraging. He also pointed out that while agriculture continues to be important for Punjab, expanding industrial activity is essential to revitalise the state’s economy.
The Chief Minister said the government has introduced several reforms to make Punjab an attractive destination for investors and urged entrepreneurs to take advantage of the favourable business environment. He added that the state has already secured investment proposals worth ₹1.5 lakh crore, which are expected to create more than 5.2 lakh jobs.
Mann noted that major companies, including Tata Steel and Sanatan Textiles, have shown interest in investing in the state. He said the summit aims to attract more such investments and strengthen Punjab’s industrial infrastructure.
Highlighting recent policy initiatives, he said the government has introduced green stamp paper in property registrations to streamline approvals for industrial projects. He also emphasised that Punjab offers a supportive industrial climate backed by a skilled workforce capable of meeting industry demands. Referring to energy availability as a key factor for growth, he said the state has taken significant steps to ensure surplus power supply.
Senior officials informed the Chief Minister that several leading companies from India and abroad are expected to participate in the summit and finalise investment plans. The event will include exhibitions, seminars and technical discussions, with special attention given to emerging technologies and future industry trends.
Earlier in the day, Mann unveiled the official logo of the summit. Cabinet Minister Sanjeev Arora, Chief Secretary KAP Sinha and other senior officials were also present at the meeting.
