Mohali (SAS Nagar), March 15:
Hailing the industrial friendly initiatives taken by Punjab government led by Chief Minister Bhagwant Singh Mann, the investors gave overwhelming response to the Progressive Punjab Investors Summit held here for three days at Plaksha University.
Addressing the valedictory session Chairman Nahar Group of Companies Kamal Oswal said the three-day long Progressive Punjab Investors’ Summit 2026 had underlined that the Punjab is once again ready for industry, investment and growth. He said that the summit has demonstrated that Punjab is emerging as attractive investment and industry destination with announcements of significant investments from county’s leading industrial houses. He said that investment proposals announced during summit would create tremendous job avenues and industrial growth in Punjab.
He said that there was a time when Punjab’s industrial growth had slowed and industry was looking outside the state but under the leadership of Chief Minister Bhagwant Singh Mann a new confidence was brought back to the state this rebuilding investor friendly environment. He said that Investors are once again looking towards Punjab and the state would surely regain its rightful place in the industrialised states across the country. Kamal Oswal also announced Rs 1,500 crore investments in modernisation of existing units, textiles, renewable energy besides setting up a Data Centre in Mohali.
Arisudana Industries MD Gagan Khanna expressed gratitude towards Punjab Government for its constant and encouraging cooperation for industry. He said Punjab would soon witness rapid rise in industrial growth to become No.1 industrial state in the country.
Tynor’s MD PJ Singh described the Progressive Punjab Investors Summit a platform to showcase the investment opportunities. He also thanked the Chief Minister Bhagwant Singh Mann for his relentless efforts to build new image from a state in despair to the most progressive state in the country. He said that the unmatched committed of state government was highly appreciated as it was always there to resolve the issues and concerns of the industry.
He also announced that in view of the positivity approach of Punjab Government for industry to invest Rs 1000 crore in next three years with a dream to be no.1 company in 100 countries. He pointed out that this was one of the best and satisfying summit in the recent past.
In his address Plaksha University’s Vice Chancellor Dr. Rudra Pratap that it is matter of great pride to witness galaxy of business tycoons and other dignitaries at Plaksha. He said that with an investment of Rs 950 crores already committed to building a world-class university focused on reimagining education, innovation in fields. He also announced plans for additional Rs 5000 crores in the university to nurture human productivity and intellectual capital, transforming Punjab into a hub for cutting-edge technology and entrepreneurship..
Sanatan Polycot’s Joint Managing Director Ajay Datani said that the three-day exceptional event demonstrated the meticulous planning and commitment of Punjab Government to further strengthen the Industry in the state. He said that Punjab is emerging as one of the most promising destinations for industrial investment as it is not only attracting investments but also efficiently implementing, sustaining and nurturing industries creating values for the state, the nation and the global economy.
Sharing his views on the occasion from Shingora Textiles Amit Jain lauded the leadership and commitment of the Chief Minister Bhagwant Singh Mann to the economic growth had brought a renewed sense of energy and optimism in the industry and ecosystem of Punjab. He said that the Invest Punjab was making difference for investors looking towards Punjab as a destination of growth. He said the Summit put a stamp on the next phase of industrial growth in Punjab.
D.E. Heus Animal Nutrition India Pvt Ltd. Rutger Oudejans, who is Dutch National and living in Punjab these days, said that the company was working on single mission to support farmers and strengthen agriculture. He said that the company produce 16 million meter tonnes of feed across the globe through 120 feed mills in 23 countries. He said that Punjab represents the heart of dairy and a significant place in agriculture innovation by playing a major role in white revolution.
He said that the Punjab had state-of-the-art infrastructure and connectivity that wards neighbouring states besides Punjabis are progressive and learner’s that’s why the company is in Punjab. He said that the summit would go a long way in promoting industrial growth in time to come.
Amit Thapar from Ganga Acrowools Limited said that four years ago, industry was facing challenges like delayed CLU and naksha approvals. He said that the comapny had decided to invest Rs. 750 crore as earlier they was planning to invest Rs. 250 crore.
Yanmar India’s MD Varun Khanna hailed the Punjab government for organizing an outstanding event that exhibited the state’s renewed momentum. He praised the government’s progressive approach, which has transformed the industrial environment in Punjab. Earlier, the state was known for its dynamic spirit, but a perception had taken hold that something had gone wrong, affecting investor interest.
Now, that energy has returned, mindsets have shifted positively, and the industry ecosystem and platform are firmly back in place. With the runway for industrial growth fully prepared in Punjab. confidence among businesses has been restored, along with a sense of safety and security. The warm, generous hospitality that Punjab is renowned for has reemerged, created a truly positive and welcoming environment.
Vibra Coustic’s President and Head of Operations Jagminder Singh Bawa pointed out that the company has been in Punjab for the last 27 years. ‘’It is highly appreciable that Punjab Government had provided the company the desired chunk of land with all requisite CLUs and other approvals thus the company has become a large exporter of automotive parts exporter with its reach in more than 20 countries from Morinda. We are trying to make Mohali a hub of automotive industry’’ he added.
Bawa pointed out that the extensive support of government to industry realising the operations well within time. He said that within a just 18 months the company constructed a shed spanning over four lakh square feet after getting consent to establish and operate within a week only. He said that the team Invest Punjab is extended extensive support in setting up of industry in the state.
Vervio India’s MD Ashish Kumar emphasised that the company laid the foundation in purely paddy straw based unit in Punjab which is the largest plant in the country with a capacity of 33 tonnes production of compressed biogas. He said that the biggest stakeholders of the company are farmers of Punjab and fuel stockers and successfully running the operations from the very beginning with the support of Punjab Government and Invest Punjab. The company laid is committed to setting up additional projects lminimum ten more industrial scale plants in the Punjab with an estimated outlay of Rs. 3000 crore. He said that the company would establish a Consortium of a three large stakeholders, which would be announced in next month in association with Vervio, Japanese and Indian stakeholders.
