Mohali secures Rs 35 crore investment as two industrial units get major incentive
Babushahi Bureau
SAS Nagar (Punjab), September 12, 2025: The District-Level Committee led by Deputy Commissioner Ms. Komal Mittal today approved incentives for two new industrial units — Jai Parvati Forge and Vaporo Packaging Ltd. — under Punjab’s Industrial Policy-2022.
These projects will bring investments worth ₹35 crore to Mohali district. One unit has been granted stamp duty reimbursement, while the other has been provided a seven-year exemption from electricity duty.
Mittal said Mohali is witnessing significant industrial growth under the policy and urged upcoming units to avail maximum benefits.
GM Industries Maninder Singh confirmed that both cases were cleared today and emphasized the state’s commitment to industrial facilitation.
The Deputy Commissioner also reviewed pending regulatory cases on the Invest Punjab Portal, directing departments to ensure speedy clearances as per the government’s industry-first approach.