Punjab: A Global Investment Hub under CM Bhagwant Singh Mann

Punjab’s business landscape is changing rapidly, and the state has emerged as a beacon for industries across the country and the world.

MAL’s plant is a significant step toward enhancing Punjab’s position in the automotive sector.

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Punjab is witnessing a remarkable transformation, as it rises to become a leading destination for industries, investments, and job creation. With visionary leadership from Chief Minister Bhagwant Singh Mann, the state is capitalizing on its excellent infrastructure, business-friendly policies, and strategic location to attract multinational corporations and foster economic growth.

A Thriving Business Ecosystem

Punjab’s business landscape is changing rapidly, and the state has emerged as a beacon for industries across the country and the world. Thanks to the state’s robust industrial policies and top-tier infrastructure, Punjab is quickly becoming the epicenter for business activities. One of the latest milestones in this journey is the establishment of a BMW Parts Manufacturing Facility by the renowned multinational company Modern Automotives Ltd. (MAL) in Mandi Gobindgarh.

MAL’s plant is a significant step toward enhancing Punjab’s position in the automotive sector. This facility will manufacture drive shafts for BMW AG, the German luxury carmaker, marking a new chapter for the state in the automotive supply chain. It’s an exciting development that is expected to fuel further industrialization and attract more global players to the region.

Massive Job Creation and Economic Boost

The new manufacturing hub is poised to generate thousands of jobs in the region. As part of this large-scale industrial setup, several other manufacturing units will be integrated into the facility, expanding the scope for employment and contributing to the region’s economic prosperity. The ripple effect will not only bring increased tax revenue but will also support ancillary industries and services, resulting in a thriving ecosystem for businesses and workers alike.

This is just one of the many efforts made by the Punjab Government to provide a conducive environment for businesses to thrive. The state has adopted a green stamp paper system for industries, ensuring seamless approvals and quicker processes for investors. With such reforms in place, Punjab is attracting leading businesses from across the country and abroad.

Punjab’s Remarkable Investment Story

Under Chief Minister Bhagwant Singh Mann's leadership, Punjab has successfully attracted ₹86,000 crore in investments over the past two and a half years. This unprecedented influx of capital is transforming the state into an industrial powerhouse. Major national and international companies are setting up their operations in Punjab, signaling a vote of confidence in the state’s growth trajectory.

These investments are not just about figures; they are about transforming the state’s economy. In the coming years, these investments are expected to contribute significantly to Punjab’s GDP and create over 300,000 jobs. With such a strong economic foundation, Punjab is poised to become one of the most sought-after destinations for businesses looking to expand in India.

A Future of Growth and Prosperity

This industrial boom is more than just about economic development—it’s about creating opportunities for every Punjabi. The Mann Government’s focus on job creation and infrastructure development is paving the way for a prosperous future for the people of Punjab. These industries will not only generate jobs but will also stimulate local economies, uplift communities, and provide ample opportunities for skill development and growth.

With its progressive policies, business-friendly environment, and unwavering commitment to growth, Punjab is on the fast track to becoming India’s leading industrial hub. The future is bright, and the state is poised for remarkable growth.

Join Punjab’s Journey of Progress -A Land of Opportunity, Growth, and Prosperity.

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