Huge uptick in Private Investments, Industry and Jobs in Punjab under AAP

Last Updated: 26 Feb 2025

Not just MoU but REAL investments[1]

-- ₹88,014 crore worth Private investments already made during AAP Govt in Punjab
-- Will provide 4,01,217 jobs to youth
-- 5,574 investment proposals

Significant investments include[2]
-- Tata Steel’s ₹2,600 crore
-- Sanatan Polycot’s ₹1,600 crore
-- Ambuja Cements Limited (₹1,400 crore)
-- Ruchira Papers Limited (₹1,137 crore)
-- Toppan from Japan investing ₹787 crore in packaging

Jump in Company & MSMEs registration

FY2023-24: Punjab had 27% growth(Highest in North region) in company registration
-- Total number 3,081(2023-24) from 2423(2022-23)[3]

Big Names[4]

  1. Tata Steel building its 2nd Biggest plant
  2. De Heus, an animal feed company from Netherlands, made its first investment
  3. Others like Jindal Steel, Virgio, Tafe, Hindustan Unilever

Comparison with previous Govts[5]

Party in Power Time Period Avg. Per Year Investment Total Private Investment Total Estimated Jobs creation
AAP Mar 2022 - Dec 2024 ₹31,469 crores ₹86,541 crore 3.92 lakh jobs
Congress 2017-2022 ₹23,409 crore ₹1,17, 048 crores -
Akali 2012-2017 ₹6600 crore ₹32,995 crore -

Industry Shutdown during Akali-BJP rule

2007-2014: 18,770 were forced to shut shop over these 7 years i.e. Akali-BJP rule as revealed in a RTI[6]

References:

  1. https://www.babushahi.com/view-news.php?id=198708 ↩︎

  2. https://www.babushahi.com/full-news.php?id=196564 ↩︎

  3. https://www.tribuneindia.com/news/business/region-sees-19-rise-in-new-firms-incorporation-623263 ↩︎

  4. https://www.ndtv.com/india-news/punjab-received-over-rs-50-000-crore-investments-in-18-months-bhagwant-mann-4440756 ↩︎

  5. https://www.babushahi.com/full-news.php?id=173664 ↩︎

  6. https://www.indiatoday.in/india/story/punjabs-disappearing-factories-184083-2014-03-07 ↩︎