Photo Source: Babushahi Bureau
Punjab Govt rolls out support framework for MSMEs, over Rs 4000 cr investments announced
Babushahi Bureau
Chandigarh, December 26, 2025:Punjab Industry & Commerce and Investment Promotion Minister Sanjeev Arora on Thursday reaffirmed the state government’s strong commitment to building a supportive, transparent and facilitative ecosystem for Micro, Small and Medium Enterprises (MSMEs) across Punjab.
Addressing a press conference focused on the MSME sector, the Minister highlighted a series of measures being undertaken to strengthen enterprises, 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,” said Sanjeev Arora.
He added that the government is continuously engaging with industry stakeholders to understand their challenges and ensure responsive governance that allows enterprises to focus on growth and productivity rather than procedural hurdles.
The Minister reiterated 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.
During the press conference, representatives of participating companies shared their positive experiences of engagement with the state government and acknowledged the facilitation support extended so far. They also announced upcoming investment and expansion plans in Punjab.
Collectively, the companies indicated proposed investments exceeding ₹400 crore across key sectors, including auto components, logistics and warehousing, cold chain and agri-infrastructure, and renewable energy manufacturing. These investments are expected to significantly strengthen Punjab’s MSME ecosystem and generate substantial 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 (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.