Punjab Investors’ Summit: Nahar Group to invest Rs 1,500 cr across textiles, renewables, data centre
Addressing a gathering at the concluding day of the Progressive Punjab Investors’ Summit 2026 here Oswal said the three-day-long Progressive summit underlined that Punjab is once again ready for industry, investment and growth.
He said the Summit has demonstrated that Punjab is emerging as an attractive investment destination with announcements of significant investments from the country’s leading industrial houses.
He said investment proposals announced during the summit would create tremendous job avenues and industrial growth.
There was a time when Punjab’s industrial growth had slowed, and industry was looking outside the state, but under the leadership of Chief Minister Bhagwant Mann, a new confidence has been brought back to the state by rebuilding an investor-friendly environment, said Oswal.
He said investors are once again looking towards Punjab, and the state would surely regain its rightful place among the industrialised states across the country.Arisudana Industries, MD, Gagan Khanna expressed gratitude toward the Punjab government for its constant and encouraging cooperation for the industry.
He said Punjab would soon witness a rapid rise in industrial growth to become the number one industrial state in the country.
Also Read: Tidco to invest ₹25 cr each in Raptee Energy and AgniKul Cosmos
Tynor’s managing director P J Singh described the summit as a platform to showcase the investment opportunities.
He also thanked Mann for his relentless efforts to build a new image from a state in despair to the most progressive state in the country.
He said the unmatched commitment of the state government was highly appreciated as it was always there to resolve the issues and concerns of the industry.
He also announced an investment of Rs 1,000 crore in the next three years.
In his address, Plaksha University’s Vice Chancellor, Dr Rudra Pratap, said that with an investment of Rs 950 crore already committed to building a world-class university focused on reimagining education and innovation.
He also announced plans for an additional Rs 5,000 crore in the university to nurture human productivity and intellectual capital, transforming Punjab into a hub for cutting-edge technology and entrepreneurship.
Sanatan Polycot’s Joint Managing Director Ajay Datani said Punjab is emerging as one of the most promising destinations for industrial investment as it is not only attracting investments but also efficiently implementing, sustaining and nurturing industries creating value for the state, the nation and the global economy.
Amit Thapar from Ganga Acrowools Ltd said his company will invest Rs 750 crore.
Vervio India’s managing director, Ashish Kumar, emphasised that the company’s paddy straw-based unit in Punjab is the largest plant in the country, with a capacity of 33 tonnes of compressed biogas production.
He said the biggest stakeholders of the company are the farmers of Punjab.
Post Comment