Thousands of employment opportunities in Punjab, big investment of Rs 1,500 crore! JSW will set up a steel plant in Rajpura.

Punjab News: Punjab’s Industry and Commerce, Investment Promotion and Power Minister Sanjeev Arora held an important meeting with the country’s leading industrialist Sajjan Jindal, Chairman JSW Group in Mumbai. Punjab Invest CEO Amit Dhaka was also present in this meeting. During the meeting, Sajjan Jindal announced a major investment of Rs 1,500 crore in the steel sector in Rajpura, Punjab. This investment will strengthen the industrial development of the state. Also, the entire value chain associated with the steel industry will benefit and thousands of direct and indirect employment opportunities will be created.

Appreciated the industry-friendly environment

Jindal also confirmed his participation in the inaugural session of the Invest Punjab Summit to be held at Plaksha University on March 13. He appreciated the industry-friendly environment being created in the state under the leadership of Chief Minister Bhagwant Mann.

Punjab’s industrial foundation strong

Minister Sanjeev Arora said that the industrial foundation of Punjab is strong. The state has excellent connectivity with the markets of North India. It has a strong MSME network, skilled young workforce and developed industrial clusters in sectors such as steel, auto components, textiles, sporting goods, food processing and light engineering. He said that Punjab has consistently been ranked as the “top achiever” in ‘Ease of Doing Business’ reforms. Time bound approvals are being given to industries through the single window clearance system in the state.

What is the objective of this policy

The minister informed that the Punjab government is in the stage of finalizing a new and future-oriented industrial policy. The objective of this policy is to attract investment in sectors like advanced manufacturing, defense manufacturing, electric mobility, renewable energy and high-end engineering.

Interest shown in exploring investment possibilities

Jindal showed interest in exploring investment opportunities in defense manufacturing, automobile and renewable energy sectors. Minister Arora assured that the state government will provide all possible support, quick approvals and reliable power supply to the investors. This meeting is being considered an important step towards industrial development and employment generation in the state before the Progressive Punjab Investor Summit 2026.

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