StatePunjab₹150 Crore Investment Flows Into Amritsar as Punjab Government’s Vision Takes Shape

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₹150 Crore Investment Flows Into Amritsar as Punjab Government’s Vision Takes Shape

At the CII Northern Region council gathering in Amritsar, industry leaders and government representatives held extensive discussions on Punjab’s economic direction. The session ended with optimism on both sides, especially after SUJAN confirmed a one hundred fifty crore rupee investment in the state’s hospitality sector, beginning with Amritsar. This commitment was viewed as a major signal of Punjab’s rising appeal for new projects, particularly in tourism.

During the meeting, CII Northern Region Chairperson Anjali Singh praised the growing confidence investors are placing in Punjab. She described the state as an increasingly attractive destination for high value investment and said that the government’s supportive reforms have created the right environment for tourism and related industries to expand. She urged Punjab to further promote its land banks, improve cold chain systems for agricultural produce, focus on heritage based tourism development, and even consider appointing brand ambassadors who can represent the state at national and global platforms.

Industry Minister Sanjeev Arora then outlined how the state is shaping a modern and responsive industrial landscape. He explained that Punjab is working with a detailed reform plan that includes the formation of twenty four sectoral committees and the preparation of a Master Industrial Policy. This policy will include specific guidelines and support structures for each major industry, ensuring investors have clarity and long term stability.

The Minister also mentioned that the state is drafting a comprehensive energy strategy that looks ahead to the year twenty thirty five. This plan examines a balanced mix of conventional and renewable sources to meet future demands. Alongside this, he updated the council about infrastructure developments. Land has already been earmarked for two new exhibition centres in Mohali and Ludhiana with tender processes underway. Work has started to identify a suitable location in Amritsar for a third such facility.

As part of the state’s efforts to streamline procedures, the Minister highlighted improvements brought under the Right to Business law. Units in the Green category and several in the Orange category will now receive approvals within five days, which is expected to reduce delays and encourage faster industrial growth.

Punjab’s logistics strength was also discussed. The state already has ten inland container depots, two freight stations, two international airports, and the Adampur airport in service. The upcoming Halwara airport is set to add further capacity and enhance connectivity for businesses and travellers.

The Punjab government used the platform to present its broader industrial reform vision, including major infrastructure projects and long term investment strategies. The approach aims to accelerate economic growth and create a forward moving industrial ecosystem that supports investors, businesses, and job creation across the state.

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