*₹700 crore in steel, ₹400 crore in renewable energy, Jogindra Group expansion reflects rising investor confidence in Punjab: Sanjeev Arora*
*Expansion by Jogindra Group to create jobs, boost capacity and strengthen Punjab’s industrial base: Sanjeev Arora*
*Mandi Gobindgarh regaining its strength as Punjab’s industrial growth engine with fresh investments: Sanjeev Arora*
Punjab Cabinet Minister for Industries & Commerce, Investment Promotion, Power & Local Government Sanjeev Arora shared that Jogindra Group has announced a strategic expansion plan worth ₹1,100 crore, giving a major boost to Punjab’s industrial growth and green energy transition. He stated that this investment reflects the growing confidence of industry in Punjab’s progressive policies and business-friendly environment.
Sanjeev Arora said that this investment reflects the growing confidence of industry in Punjab’s progressive policies and business-friendly environment. He detailed that the expansion includes ₹700 crore investment in the steel sector, primarily through Jogindra Castings and Vardhman Adarsh, along with ₹400 crore investment in renewable energy through Jogindra Green India.
Highlighting the scale of impact, Sanjeev Arora noted, “The Jogindra Group’s turnover is projected to increase from ₹3,000 crore to ₹5,000 crore, while employee strength will rise from 1,800 to 3,000, creating significant employment opportunities. He added that renewable energy capacity will expand from 37 MW to 120 MW.”
Providing background, he stated that established in 1992, Jogindra Group is a leading industrial conglomerate in North India with a strong presence in steel manufacturing and a growing footprint in renewable energy. “The Group is promoted by CMD Adarsh Garg along with Directors Sanjay Gupta and Nimit Gupta,” he added.
Emphasising the regional impact, Sanjeev Arora said that Mandi Gobindgarh has always been the backbone of Punjab’s steel industry. “Today, under Bhagwant Mann Government, it is regaining its strength with new investments, modernization, and a strong push towards cleaner and more efficient production. The expansion by Jogindra Group is a clear sign that Gobindgarh is once again becoming a growth engine for Punjab’s industrial economy.”
He further stated that Punjab continues to emerge as a preferred destination for both manufacturing and green energy investments, and that this ₹1,100 crore investment will strengthen the industrial base, create substantial employment opportunities and promote sustainable growth.
Reiterating the Bhagwant Mann Government’s commitment, the Minister said, “The AAP Government remains focused on providing a conducive ecosystem for industry, ensuring ease of doing business and encouraging environmentally responsible investments across Punjab.”
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