Punjab Chief Minister Kicks Off Strategic Mumbai Investment Roadshow
In a significant move to bolster economic growth, Punjab Chief Minister Bhagwant Mann inaugurated a two-day Mumbai Investment Roadshow on Tuesday. This strategic initiative, organized by the state government, serves as a crucial pre-summit engagement ahead of the much-anticipated Progressive Punjab Investors' Summit 2026, scheduled to take place in Mohali from March 13 to 15.
High-Level Corporate Engagements on Day One
The first day of the roadshow witnessed the Punjab delegation conducting a series of intensive one-to-one meetings with senior leadership from several prominent corporate groups. Key participants included:
- Hindustan Unilever Limited
- Motilal Oswal Group
- Cargill India
- Hinduja Group
- Hindustan Petroleum Corporation Limited
- HPCL-Mittal Energy Limited
- Waaree Group
- Parksons Packaging
- Whistling Woods International
According to an official spokesperson, these discussions centered on exploring expansion and new investment opportunities in Punjab across diverse sectors. The focus areas encompassed:
- Fast-Moving Consumer Goods (FMCG)
- Agri-business and food processing
- Energy and logistics
- Manufacturing and packaging
- Creative industries
Showcasing Punjab's Investor-Friendly Ecosystem
During the interactions, the state government highlighted its robust policy framework and infrastructure advantages. Key features emphasized included:
- The FastTrack single-window clearance system for swift approvals
- Time-bound regulatory processes
- Right to Business framework ensuring policy stability
- Availability of skilled manpower
- Well-developed industrial infrastructure
Earlier in the day, Chief Minister Mann was hosted by Ashok P Hinduja, Chairman of the Hinduja Group. On this occasion, Mann formally released the book titled Coins of the Kunindas (Punjab Region), symbolically blending Punjab's rich historical and cultural heritage with its forward-looking economic vision.
Industry Perspectives and Evening Session
The day concluded with a comprehensive Punjab Roadshow session, which saw active participation from senior industry leaders representing organizations such as:
- Tata Consultancy Services
- Tata Steel
- Accenture
- UPL
- Tynor
- Whistling Woods
- GrowthCap Ventures
- World Trade Center Mumbai
Industry representatives shared valuable insights on Punjab's industrial potential and acknowledged the facilitative governance environment and responsive institutional support extended by the state government, as noted by the spokesperson.
Chief Minister's Vision for Punjab's Economic Future
Addressing the industry participants, CM Mann emphasized that now is the opportune time for investors to commit to Punjab. He articulated that the state is strategically positioned to serve as a competitive manufacturing and services hub, capable of supplying both domestic markets and global value chains.
Mann called upon the industry to:
- Scale operations from Punjab
- Move up the value chain
- Place greater emphasis on research and development to enhance innovation, productivity, and global competitiveness
He reiterated the Punjab government's unwavering commitment to enabling micro, small, and medium enterprises to evolve into large enterprises. This vision includes strengthening the manufacturing and services sectors and positioning Punjab as the preferred investment destination in north India through sustained reforms, infrastructure development, and proactive investor facilitation.
Objectives and Positive Responses
The Mumbai Roadshow aims to formally extend summit invitations to leading industry stakeholders and deepen investment engagement with corporates, financial institutions, and sector leaders. It also serves as a platform to showcase Punjab's reform-oriented, investor-friendly governance framework.
In a notable development, the Chief Minister claimed that the Hinduja Group has expressed interest in investing in Punjab. During the meeting, Mann asserted, Punjab is the best state in the country from the investment point of view, citing its superior infrastructure facilities, surplus power, skilled manpower pool, excellent connectivity via road, rail, and air, flawless telecommunication network, and overall ease of doing business.
This roadshow marks a proactive step by the Punjab government to attract substantial investments, foster economic partnerships, and drive sustainable growth in the region, setting the stage for a successful Progressive Punjab Investors' Summit in 2026.
