Encounter News Punjabi

Punjab News: Progressive Punjab Investment Summit to be held in Mohali from March 13–15, CM Bhagwant Mann reviews preparations

WhatsApp Channel Join Now

Chandigarh, February 11, 2026: Punjab Chief Minister Bhagwant Singh Mann on Tuesday reviewed the preparations for the upcoming Progressive Punjab Investment Summit, scheduled to be held in Mohali from March 13 to 15, 2026, describing it as a decisive step towards accelerating industrial growth in the state.

Chairing a high-level meeting, the Chief Minister said the summit would provide a powerful platform to take Punjab’s industrial progress to new heights. “Punjab has already emerged as a preferred investment destination globally, and this historic summit will further boost industrial development in the state,” he said.

Industry-friendly action plan in focus

Emphasising the need for collective deliberations, the Chief Minister said a consensus-based, industry-friendly action plan would be developed after detailed discussions with international industrial leaders. Praising the entrepreneurial spirit of Punjabis, he remarked, “Punjabis have the courage and capability to excel anywhere in the world.”

The theme of the summit is ‘Punjab Means Business – Policy to Practice.’ The Chief Minister informed that the state government has already organised roadshows in Gurugram, New Delhi, Bengaluru, Hyderabad, Chennai, Mumbai, as well as in Japan and South Korea.

The summit will feature inaugural and closing sessions, country sessions, plenary sessions and sectoral sessions focusing on various industries.

₹1.50 lakh crore investment proposals received

The Chief Minister stated that the Punjab government has so far received investment proposals worth ₹1.50 lakh crore, which are expected to generate approximately 5.20 lakh employment opportunities for the youth.

He added that major companies such as Tata Steel and Sanatan Textiles have shown keen interest in investing in Punjab.

Industrialisation key to economic revival

Reiterating the government’s commitment, Mann said that while agriculture remains the backbone of the state, it is currently facing multiple challenges. “Comprehensive industrialisation is the only viable solution to revive and strengthen the economy,” he said, urging potential entrepreneurs to invest in Punjab on a large scale.

Highlighting reforms undertaken by the state government, he said that a Green Stamp Paper system has been introduced to ensure faster and seamless regulatory approvals for industrial projects. He also emphasised that Punjab offers a skilled workforce and an industry-friendly ecosystem.

Power security and mega event participation

The Chief Minister stressed that power security is crucial for development and said the government is making every effort to increase electricity generation in the state.

He noted that representatives of leading national and international companies are expected to participate in the mega event. The summit will include exhibitions, seminars and technical sessions, with special focus on emerging technologies and industrial strategies.

Earlier, the Chief Minister also unveiled the logo of the summit. On the occasion, Industries and Commerce Minister Sanjeev Arora, Chief Secretary K. A. P. Sinha, and other senior officials were present.

All news on Encounter News is computer-generated and sourced from third parties. Please read and verify carefully. We will not be responsible for any issues. 

Encounter News
Encounter News
Encounter Media Group, Punjab

Latest Articles

Probe Launched After Viral Letter Claims Responsibility for Amritsar Police Station Blast

Amritsar: Authorities in Amritsar have intensified investigations after a letter circulating...

Punjab Gears Up for Wheat Procurement Season; Over 7 Lakh Farmers Expected in Mandis

Chandigarh: The Punjab government has announced the commencement of the wheat...

Stampede at Nalanda Temple Leaves 8 Dead, Several Injured Amid Heavy Rush

Patna: A tragic stampede at a temple in Nalanda claimed the...

Donald Trump Willing to Wind Down Iran Conflict Without Immediate Hormuz Reopening?

Washington: Amid ongoing tensions in West Asia, US President Donald Trump is...

Punjab Kings Face Gujarat Titans in Mullanpur Opener; Security Tightened with No-Fly Zone in Place

Chandigarh: Cricket fever is set to grip New Chandigarh as Punjab Kings...

Haryana Seeks CBI Probe Into Rs 590 Crore Banking Fraud Involving Multiple Departments

Chandigarh: The Haryana government has recommended a Central Bureau of Investigation...

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here