Punjab Govt committed to sustained engagement, facilitation and reforms to make state preferred destination for MSMEs and investment: Sanjeev Arora
CHANDIGARH, 26th December 2025:
Industry & Commerce and Investment Promotion Minister Sanjeev Arora today addressed a press conference focused on the MSME (Micro, Small, and Medium Enterprises) sector, reiterating the Punjab Government’s strong commitment to building a supportive, transparent and facilitative ecosystem for micro, small and medium enterprises across the State.
During the interaction, Minister Sanjeev Arora highlighted a series of measures being undertaken to strengthen MSMEs, including robust policy support, simplified and time-bound regulatory processes, and proactive handholding through Invest Punjab to ensure speedy approvals and smooth implementation of projects. “MSMEs are the backbone of Punjab’s industrial economy and play a critical role in employment generation, innovation and balanced regional development,” he emphasized.
The Industry & Commerce Minister noted that the Government is continuously engaging with industry stakeholders to understand their needs and challenges, and is committed to responsive governance that enables enterprises to focus on growth and productivity rather than procedural hurdles.
Minister Sanjeev Arora reaffirmed the Punjab Government’s resolve to work closely with MSMEs through continuous dialogue, timely facilitation and industry-friendly reforms, ensuring that Punjab remains a preferred destination for enterprise and investment.
Representatives of participating companies shared their positive experiences of engagement with the Government and acknowledged the facilitation support extended so far. They also announced their upcoming investment and expansion plans in Punjab.
Collectively, the companies indicated proposed investments exceeding ₹400 crore across key sectors such as auto components, logistics and warehousing, cold chain and agri-infrastructure, and renewable energy manufacturing. These investments are expected to further strengthen Punjab’s MSME ecosystem and generate significant employment opportunities.
Company-wise Investment Proposals:
Jai Parvati Forge (Auto Components), SAS Nagar – ₹300 crore
Kova Fasteners Pvt. Ltd. (Auto Components / Fasteners), Ludhiana – ₹50 crore
Luthra Cold Storage (Cold Chain / Agri-Logistics), Ludhiana – ₹10–12 crore
Mohali Logistics (Warehousing & Logistics), SAS Nagar – ₹10 crore
Roshni Renewables LLP (Renewable Energy – Solar Manufacturing), Fatehgarh Sahib – ₹100 crore (Phase I) and ₹300 crore in subsequent phases.
Representatives present at the press conference included. Raghav Luthra and. Denis Luthra of Luthra Cold Storage, Rishi Gupta of Kova Fasteners, S.S. Chauhan of Jai Parvati Forge, Harvir Singh of Mohali Logistics, and Jaspal Singh, Director, Roshni Renewables LLP.
