Mohali, March 13 Chief Minister Bhagwant Mann on Friday asserted that his government is committed to transforming Punjab into a major industrial and export hub.
Mann also said the state secured investments worth over Rs 10,000 crore on the first day of the Progressive Punjab Investors Summit 2026.
Major companies, such as HMEL, Tata Steel, JSW, Trident Group, Hero Industries and several others, have announced plans to expand and set up their ventures in the state, he added.
The AAP government is holding the three-day summit to showcase investment opportunities in Punjab.
On this occasion, AAP national convener Arvind Kejriwal, industrialists, including Lakshmi Niwas Mittal, Sajjan Jindal and Sunil Kant Munjal, were present.
AAP national convener Arvind Kejriwal said the state has attracted Rs 1.50 lakh crore in investments in four years.
Mann cited examples of local success stories and said, "Punjab-based enterprises, such as Sonalika, Preet Tractors, Duke, Monte Carlo and many others, are shining examples of local entrepreneurship".
"The doors of Punjab are open to all investors, and we welcome them with a red carpet. Our policies are flexible and designed to meet the needs of the industry. I urge all of you to invest here, create jobs for Punjabis and help Punjab write a new success story.
"The state government is aligning skill education and training with the needs of industry so that a strong pool of skilled manpower is created in Punjab," he said.
Welcoming business leaders, Mann further said Punjab is one of the most favourable investment destinations in the country and "we will leave no stone unturned to facilitate investors".
"Our vision is to build a strong partnership between the government and industry to make Punjab a leading industrial hub."
Appealing to entrepreneurs, the chief minister stated, "Entrepreneurs are a source of inspiration for everyone and represent the opportunities that the youth of Punjab and India aspire to achieve...This summit is not merely about signing MoUs but about sharing knowledge, brainstorming and learning from each other".
Mann shared that the state government has chosen a path that will make the future of Punjab bright by accelerating economic growth.
"I have seen that the young generation of Punjab wants to achieve something big in life. They are natural leaders who cannot live in isolation. I firmly believe that God has given me this opportunity to lead Punjab so that we can bring meaningful change in the lives of our people."
Punjab is now at the threshold of transitioning toward a new culture of innovation and technology-driven enterprise. The youth of the state are coming up with new ideas and innovations, and it is our responsibility to support them, he said.
He also said that his government is committed to transforming Punjab into a major industrial and export hub in the world.
Punjab is among the top-performing states in the ease of doing business ranking conducted by the central government, he said.
"Our government seeks holistic economic and financial success for Punjab. I firmly believe that the pillars of our growth are good governance, digitisation, decisiveness, transparency and sensitivity," he added.