INVEST IN THE BEST: AMAN ARORA ROLLS OUT RED CARPET FOR GLOBAL INVESTORS WITH 100-125% FCI RETURNS, FAST-TRACK APPROVALS

INVEST IN THE BEST: AMAN ARORA ROLLS OUT RED CARPET FOR GLOBAL INVESTORS WITH 100-125% FCI RETURNS, FAST-TRACK APPROVALS

• Mann Govt eyes UAE investments in food processing, manufacturing, logistics, IT/ITeS, GCCs, data centres, green energy and employment-intensive sectors

• Aman Arora projects Rajpura’s 1,100-acre Integrated Manufacturing Cluster as next big opportunity for UAE Investors

Chandigarh/Dubai, September 9 (WISHAVWARTA);- Pitching the state as India’s next big and most preferred investment destination, Punjab Industries and Commerce Minister Mr. Aman Arora today invited UAE investors and global businesses to invest in the best, assuring 100% to 125% fiscal incentives under the state’s new Industrial and Business Development Policy-2026, fast-track approvals and complete handholding through single-window platform Invest Punjab.

Addressing investors and business leaders during Annual Investment Meeting (AIM) in Dubai, Mr. Aman Arora said Punjab offers a unique blend of robust industrial infrastructure, skilled manpower, vibrant entrepreneurial ecosystem, agricultural strength, strategic connectivity and a large consumer market- making it an ideal destination for UAE and global investors.

Inviting UAE-based investors, global businesses and the Punjabi diaspora to partner in Punjab’s next phase of industrial growth, Mr. Aman Arora highlighted the state’s progressive Industrial and Business Development Policy 2026 offers a flexible incentive framework tailored to diverse investor categories and priority sectors and seamless facilitation through single-window system Invest Punjab.

“Punjab is open for business and ready for investment. We want investors to see Punjab not just as a market, but as a strategic partner for manufacturing, food processing, technology, logistics and global business operations. Our focus is clear- ease of doing business, speedy approvals, policy certainty and maximum handholding for investors,” said Mr. Aman Arora.

Under the Policy, eligible manufacturing units can avail fiscal incentives up to 100% of eligible Fixed Capital Investment (FCI), while units in priority sectors and those in Border Districts and Kandi areas are eligible for incentives up to 125% of FCI, subject to an overall cap of Rs 500 crore. Key benefits include capital subsidy of up to 20% of eligible FCI (up to Rs 10 crore), 75% reimbursement of Net SGST for the eligible period and 100% exemption of Electricity Duty for eligible new units as well as existing units undertaking expansion, subject to applicable conditions, he added.

The policy also provides employment-linked support and encourages investments in priority and emerging sectors, enabling investors to align incentives with their business and employment plans. The framework extends benefits not only to new projects but also to expansion and modernisation of existing industrial units.

Mr. Aman Arora said Punjab is particularly keen to attract UAE investments in food processing and agriculture, manufacturing, logistics, textiles, IT/ITeS, Global Capability Centres (GCCs), data centres, renewable energy, emerging technologies, skill development and other employment-intensive sectors.

The Industries Minister said Invest Punjab is at the core of the state’s investor facilitation strategy, providing a unified platform for regulatory approvals, incentives and handholding. Through this digital platform, investors can submit applications, access regulatory services, track approvals, seek project-specific facilitation and receive continuous support across the investment lifecycle — significantly reducing procedural delays and eliminating the need to approach multiple departments.

“We want an investor sitting in Dubai to be able to engage with Punjab digitally, get complete clarity on applicable approvals and incentives and receive dedicated facilitation from Invest Punjab. Our objective is to make the entire journey — from investment intent to commissioning — predictable, transparent and hassle-free,” Mr Aman Arora stated.

He said that the Invest Punjab office is committed to providing end-to-end facilitation to UAE investors, from identifying suitable opportunities and locations to obtaining approvals and accessing eligible incentives, while highlighting the upcoming 1,100-acre Integrated Manufacturing Cluster at Rajpura on the Amritsar-Kolkata Industrial Corridor (AKIC) as a major opportunity for manufacturing and allied industries. The project is poised to attract significant investment and generate large-scale employment.

Mr. Arora said Chief Minister Bhagwant Mann led Punjab Government is committed to building long-term partnerships with the UAE, leveraging the UAE’s global investment networks and Punjab’s inherent strengths in manufacturing, agriculture, food processing, technology and human resources.