{"id":61477,"date":"2026-03-07T16:18:37","date_gmt":"2026-03-07T10:48:37","guid":{"rendered":"https:\/\/punjabenews.com\/English\/?p=61477"},"modified":"2026-03-07T20:38:12","modified_gmt":"2026-03-07T15:08:12","slug":"bhagwant-mann-govt-launches-most-progressive-industrial-business-development-policy-2026-to-accelerate-growth-attract-investment-and-create-jobs-in-punjab","status":"publish","type":"post","link":"https:\/\/punjabenews.com\/English\/punjab\/bhagwant-mann-govt-launches-most-progressive-industrial-business-development-policy-2026-to-accelerate-growth-attract-investment-and-create-jobs-in-punjab\/","title":{"rendered":"Bhagwant Mann Govt launches most progressive Industrial &#038; Business Development Policy 2026 to accelerate growth, attract investment and create jobs in Punjab"},"content":{"rendered":"<p><span style=\"color: #ff0000;\">Policy offers up to 100% incentives on Fixed Capital Investment with investor-driven incentive framework<\/span><\/p>\n<p><span style=\"color: #ff0000;\">Punjab E News:<\/span> Punjab took a major step towards strengthening its industrial growth trajectory on Saturday with the launch of the Industrial &amp; Business Development Policy 2026, a comprehensive framework aimed at accelerating industrial expansion, attracting large investments and generating employment opportunities across Punjab. The policy was formally unveiled by Chief Minister Bhagwant Singh Mann in the presence of Minister for Industries &amp; Commerce, Investment Promotion, Power and Local Government Sanjeev Arora in Ludhiana.<\/p>\n<p>The launch event witnessed participation from nearly 200 leading industrialists, industry leaders and representatives from multiple sectors, reflecting strong industry interest and confidence in Punjab\u2019s industrial future.<\/p>\n<p>Describing the policy as one of the most progressive industrial policy frameworks in the country, Chief Minister Bhagwant Singh Mann said the initiative would significantly strengthen Punjab\u2019s position as a leading destination for manufacturing, services and emerging technology sectors.<\/p>\n<p>The Industrial &amp; Business Development Policy 2026 introduces a wide range of incentives and reforms aimed at making Punjab one of the most attractive investment destinations in India.<\/p>\n<p><span style=\"color: #ff0000;\">Key highlights of the policy include<\/span>:<\/p>\n<p>\u2022 One overarching industrial policy accompanied by 24 sector-specific policies announced simultaneously to address the requirements of diverse industries.<\/p>\n<p>\u2022 Investors can choose from up to 20 different incentives to design a customised incentive package suited to their investment plans.<\/p>\n<p>\u2022 Capital Subsidy introduced for the first time for eligible industries in Punjab.<\/p>\n<p>\u2022 Incentives available up to 100% of Fixed Capital Investment (FCI) through a combination of multiple incentives under the policy.<\/p>\n<p>\u2022 Modernisation and expansion projects made eligible for incentives under the policy framework.<\/p>\n<p>\u2022 Employment Generation Subsidy (EGS) eligibility reduced to \u20b925 crore investment and 50 workers, making incentives accessible to a larger number of industries.<\/p>\n<p>\u2022 Higher employment incentives for women, SC\/ST, Persons with Disabilities, IT\/ITeS and GCC sectors.<\/p>\n<p>\u2022 25% additional incentives for nine thrust sectors and industries located in border and Kandi areas.<\/p>\n<p>\u2022 Strengthening of the startup ecosystem through enhanced startup seed grants and establishment of a Government Startup Hub in Mohali.<\/p>\n<p>\u2022 Dedicated sectoral policies introduced for IT\/ITeS and GCC, Electric Vehicles (EV), Electronics System Design &amp; Manufacturing (ESDM), semiconductor, filmmaking and tourism sectors.<\/p>\n<p>\u2022 Land, labour housing, R&amp;D facilities, ETP\/STP\/ZLD and environmental infrastructure included in Fixed Capital Investment calculation for incentives.<\/p>\n<p>\u2022 Freight and marketing subsidy support introduced to promote exports from Punjab.<\/p>\n<p>\u2022 A customised package committee established to facilitate mega investment projects.<\/p>\n<p>\u2022 Investor option for an extended incentive period of up to 15 years to ensure long-term policy stability.<\/p>\n<p>\u2022 Major reforms in power supply, labour regulations and building approvals to further improve ease of doing business in Punjab.<\/p>\n<p>Speaking on the occasion, Minister for Industries &amp; Commerce Sanjeev Arora said, \u201cThis policy sends a clear message to investors across India and the world: Punjab is open for business. With one of the most comprehensive incentive frameworks in the country, we are creating the right ecosystem for industry to grow, invest and generate employment.\u201d<\/p>\n<p>Highlighting the flexibility built into the new framework, Minister Sanjeev Arora added, \u201cFor the first time, this policy truly puts the power in the hands of investors. Investors can choose the incentives they want to avail and the time period over which they wish to avail them. This flexibility and investor-driven framework is unprecedented and reflects Punjab\u2019s commitment to becoming the most investor-friendly state in India.\u201d<\/p>\n<p>The Punjab Government reiterated that the Industrial &amp; Business Development Policy 2026 will play a transformative role in accelerating industrial growth, strengthening Punjab\u2019s competitiveness and creating large-scale employment opportunities for the youth of Punjab.<\/p>\n<p>The Government also invited domestic and global investors to explore opportunities in Punjab and participate in the Progressive Punjab Investors\u2019 Summit 2026, scheduled to be held from 13\u201315 March 2026 at Plaksha University, Mohali, where Punjab will showcase its new industrial vision and investment opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Policy offers up to 100% incentives on Fixed Capital Investment with investor-driven incentive framework Punjab E News: Punjab took a major step towards strengthening its industrial growth trajectory on Saturday with the launch of the Industrial &amp; Business Development Policy 2026, a comprehensive framework aimed at accelerating industrial expansion, attracting large investments and generating employment [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":61478,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,21,20],"tags":[],"class_list":["post-61477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-political-news","category-punjab"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bhagwant Mann Govt launches most progressive Industrial &amp; Business Development Policy 2026 to accelerate growth, attract investment and create jobs in Punjab - PunjabENews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/punjabenews.com\/English\/punjab\/bhagwant-mann-govt-launches-most-progressive-industrial-business-development-policy-2026-to-accelerate-growth-attract-investment-and-create-jobs-in-punjab\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bhagwant Mann Govt launches most progressive Industrial &amp; 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