Game Changer! Punjab Govt’s Big Move – Business Approval in Days, ₹1.25 Lakh Crore Investment, 4.5 Lakh Jobs Coming

Chandigarh, October 07, 2025: The Punjab Government has taken a revolutionary step to boost business and industry in the state. Major changes in the Right to Business Act are turning Punjab into one of India’s most business-friendly states. Under the new policy, mandatory government approvals to set up industries will now be granted within just 5 to a maximum of 18 days — a process that earlier took months.  

Industries set up in pre-approved industrial parks, estates, or project zones will get all required permissions within 5 days through a single-window system, saving entrepreneurs time, money, and effort. Even projects outside industrial parks will get approvals within 18 days. If the deadline is missed, companies will automatically get deemed approval, reducing red tape and curbing corruption.  

Industry and Commerce Minister, Punjab said the government’s main goal is to increase investment and create jobs for youth. “Since the AAP government came to power, Punjab has received over ₹1.25 lakh crore in investments, generating direct jobs for about 4.5 lakh youths,” minister said, adding that the figure will grow further.  

These investments cover sectors like steel, automobiles, food processing, IT & technology, healthcare, hospitality, textiles, logistics, and agri-business. Punjab’s proximity to Delhi, strong road network, and skilled workforce make it attractive for investors.  

Big names investing in Punjab include ITC, Info Edge (Naukri.com), Haldirams Foods, Frontline Group, LT Foods, Reliance Retail, and more. Infosys is setting up a major Technology & Development Centre in Mohali, bringing direct jobs to 5,000 youth. Fortis Healthcare is investing ₹950 crore in hospitals, medical colleges, and diagnostic centres, creating thousands of healthcare jobs.  

Foreign companies from the USA, Japan, South Korea, Singapore, Germany, UK, Canada, and Australia are also investing, especially in auto parts, electronics, and food processing.  

To strengthen industry, Punjab has created 24 sector-specific committees covering areas like steel, automobiles, IT, healthcare, hospitality, textiles, renewable energy, electronics, real estate, and education.  

For MSMEs, the new law allows businesses to start operations with just a self-declaration, exempting them from inspections for the first three years. Paperwork has been cut drastically, from 15–20 certificates earlier to just 5–6 essential documents. Punjab has about 3.5 lakh MSME units, the backbone of its economy.  

The state has prepared a land bank with over 50,000 acres ready for industrial use near highways and cities. Currently, Punjab has 78 industrial parks and estates being upgraded, with new ones coming up around Ludhiana, Jalandhar, Mohali, Amritsar, Patiala, and Bathinda.  

For investor convenience, the government has launched the “Invest Punjab”digital portal, allowing entrepreneurs to upload documents, apply for permissions, and track applications online.  

Chief Minister Bhagwant Mann is personally meeting investors across India to address their concerns. “Punjab has everything – hardworking youth, great connectivity, and now a business-friendly government. We promise that doing business in Punjab will be easier than ever,” he said.