Chandigarh: The ‘Progressive Punjab Investors Summit 2026’ being held in Mohali entered its final day on Sunday, with several major investment agreements expected to be signed. Bhagwant Mann is scheduled to attend the closing day of the summit.
The event has brought together CEOs and representatives of leading companies from India and abroad. Various companies showcased their products and technologies, including electric tractors and defence equipment, highlighting potential opportunities for industrial growth in Punjab.
The summit was inaugurated on March 13 by chief minister Bhagwant Mann and Arvind Kejriwal. During the opening session, Mann said the state government aims to transform Punjab into an industrial hub, citing improved connectivity, skilled manpower and business-friendly policies. He also assured that no new taxes would be imposed on industries.
Kejriwal promised full government support to investors and emphasised strengthening the “Make in India” initiative while competing with global manufacturing markets. He claimed that Punjab has attracted investments worth ₹1.5 lakh crore over the past four years.
Several major industrial groups, including Tata Steel, JSW Group, Hero MotoCorp, ArcelorMittal and Trident Group, announced expansion plans and new projects during the summit.
On March 14, the focus shifted to sector-specific opportunities, including aerospace and defence manufacturing. UK-based firm 3 Associates announced plans to invest ₹1,407 crore in Punjab.
Officials said the summit has received investment proposals worth up to ₹1.25 lakh crore, which could potentially generate large-scale employment. However, chief minister Mann said the final investment figures will become clear after the conclusion of the summit on Sunday.
