Punjab Investors’ Summit: Nahar Group to invest Rs 1,500 cr across textiles, renewables, data centre
Addressing a meeting on the concluding day of the Progressive Punjab Investors Summit 2026 here, Oswal said that the three-day Progressive summit underlines that Punjab is once again ready for industry, investment and growth.
He said the summit showed that Punjab has emerged as an attractive investment destination with major investment announcements by the country’s leading industrial enterprises.
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He said the investment proposals announced during the summit will create tremendous employment opportunities and industrial growth.
Oswal said there was a period when Punjab’s industrial growth slowed down and the industry looked outside the state, but with the rebuilding of an investor-friendly environment under the leadership of Chief Minister Bhagwant Mann, new confidence has been brought back to the state.
He said investors are once again looking at Punjab and the state will definitely regain its rightful place among industrialized states across the country. Dr. Arisudana Industries, Gagan Khanna expressed his gratitude to the Punjab government for the continuous and encouraging cooperation towards the industry.
He said Punjab would soon witness a rapid increase in industrial growth and emerge as the number one industrial state in the country.
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PJ Singh, managing director of Tynor, described the summit as a platform to showcase investment opportunities.
He also thanked Mann for his relentless efforts to transform a state in despair into the most progressive state in the country.
He said that the unique commitment of the state government is highly appreciated as it is always there to solve the problems and concerns of the industry.
It also announced that it will invest Rs 1,000 billion in the next three years.
Plaksha University Vice-Chancellor Dr. In his speech, Rudra Pratap said that they are determined to establish a world-class university focusing on reimagining education and innovation, with an investment of Rs 950 million.
He also announced plans to provide additional funding of Rs 5,000 crore to the university to nurture human productivity and intellectual capital by making Punjab a hub for cutting-edge technology and entrepreneurship.
Ajay Datani, Joint Managing Director, Sanatan Polycot, said Punjab has emerged as one of the most promising destinations for industrial investment as it efficiently implements, sustains and nurtures industries that not only attract investments but also create value for the state, nation and global economy.
Amit Thapar of Ganga Acrowools Ltd said his company will invest 750 million rupees.
Ashish Kumar, managing director of Vervio India, highlighted that the company’s paddy straw-based unit in Punjab is the largest facility in the country with a production capacity of 33 tonnes of compressed biogas.
He said the company’s biggest stakeholders are Punjab farmers.
