Chandigarh: Punjab Chief Minister Bhagwant Singh Mann on Wednesday announced that the state is gearing up to deepen its strategic partnership with Japan across multiple high-growth sectors. During a virtual interaction with Japanese industrial leaders and investors—held in the presence of Cabinet Minister Sanjeev Arora—the Chief Minister extended a formal invitation to participate in the 6th Progressive Punjab Investors Summit, scheduled from March 13 to 15, 2026, at the Indian School of Business (ISB), Mohali.
The meeting witnessed participation from a high-level Japanese delegation comprising officials from the Embassy of Japan, JETRO, JCCII, and executives of more than 25 prominent Japanese companies operating in India, including Panasonic, Sumitomo, Nippon, NEC, and Toyota.
Punjab Showcases Strength in Key Sectors
CM Mann advocated for enhanced cooperation in advanced manufacturing, mobility, electronics, food processing, renewable energy, and global services. He emphasized that Punjab stands out for its courage, resilience, work ethic, entrepreneurship, creativity, and strong community participation.
The state’s unified regulatory model—Invest Punjab—which integrates multiple departments into a single-window system, was highlighted as a cornerstone of Punjab’s investor-friendly governance.
“Punjab has always played a pivotal role in India’s development, especially in making the nation self-reliant in food production. Today, we are moving forward with a modern vision to become a leading center of industry, technology, and global collaboration,” Mann said.
Japan–Punjab Ties Strengthen Further
The Chief Minister noted that several Japanese companies have already established a strong presence in Punjab. In the automotive and manufacturing sectors, companies such as Mazda, Sumitomo, SML Isuzu, Yanmar, Aichi Steel, and Gunma Seiko have expanded their operations.
In packaging and industrial products, Toppan and Oji Holdings have built solid foundations. In chemicals and paints, Kansai Nerolac and Nissan Chemical have shown confidence in the state’s ecosystem. Agricultural machinery companies like Yanmar Agriculture Machinery and CLAAS India have deepened their footprint. Meanwhile, retail giant UNIQLO has brought Japanese quality directly to Indian consumers.
CM Mann also highlighted the contribution of Mitsui & Co. in Punjab’s renewable energy initiatives, calling it a testament to Japan’s trust in the state’s sustainability-focused growth model.
Punjab – One of India’s Most Business-Friendly States
Mann underscored that Punjab has been ranked first in India under the Business Reform Action Plan (BRAP) 2024 by the Government of India, reflecting its focus on ease of doing business, transparency, and accountable governance.
“Our vision is simple—stable policies, quick decision-making, and a governance framework that respects investors’ time and trust,” he said.
He noted that the government has strengthened infrastructure and expanded industrial capacity to open new avenues for investment.
CM Mann Extends Invitation for 2026 Investor Summit
The Chief Minister urged Japanese companies to explore new opportunities in Punjab’s emerging sectors. “The future of Punjab lies in advanced manufacturing, next-generation mobility, electronics, food processing, renewable energy, and global services. These are the areas where Japan’s strengths perfectly align with Punjab’s potential,” he said.
He invited Japanese investors to attend the 6th Progressive Punjab Investors Summit, which aims to showcase Punjab’s industrial progress, bring global industry leaders together, and open doors for new collaborations.
45-Day Guaranteed Approvals for Investors
Cabinet Minister Sanjeev Arora highlighted the FastTrack Punjab digital platform, which provides over 200 business services with guaranteed approvals within 45 working days, including auto-deemed clearances.
He added that Punjab has attracted industrial investments of more than ₹1.39 lakh crore, creating 5.09 lakh jobs, and is further strengthening its power infrastructure with an investment of ₹5,000 crore to support future industrial and renewable energy requirements.
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