Ludhiana district attracts 745 new projects at Rs 14,058 cr since 2017

Nitin Jain

Tribune News Service

Ludhiana, November 2

The district has attracted the second highest new projects in the state during the present regime, the government has confirmed.

The biggest and largest district of the state, in terms of area and population, stood third in the state when it comes to investment cost and commissioning of new units in the state since 2017, the officials have revealed.

Sharing details, Rajat Agarwal, Chief Executive Officer (CEO) of Invest Punjab, the state government’s one-stop unified regulator controlling 23 different departments to provide advanced single-window facilitation to the investors, told The Tribune on Tuesday that 3,411 new projects, involving investment of Rs 1,00,181 crore, have arrived in the state during the current government regime.

While 1,822 new projects, which account for 54 per cent, have already been commissioned, another 1,487 units, accounting for 44 per cent, are under construction.

The data of district-wise investment under the present regime, compiled by the Invest Punjab, showed that Ludhiana got 745 new projects, which accounted for 21.84 per cent of the total new units that had arrived in the state during the past four and a half years, at the investment cost of Rs 14,058 crore, accounting for 14.19 per cent.

While 449 new projects, which accounted for 60 per cent of the total new units, have already been commissioned in the district, another 295 projects, accounting for 40 per cent, are under construction.

Mohali led the state with the highest count of 748 new projects, which accounted for 21.93 per cent, at the investment cost of Rs 30,038 crore, accounting for 29.18 per cent. While 288 new units, which accounted for 39 per cent, have already been commissioned in Mohali, another 458 projects, accounting for 61 per cent, are in the commissioning stage.

Among other districts, Bathinda got 95 new projects at Rs 25,034 crore, of which 72 have been commissioned and 22 are under construct, Patiala 297 units at Rs 6,646 crore, of which 157 commissioned and 138 under construction, Fatehgarh Sahib 294 projects at Rs 4,169 crore, of which 183 commissioned and 109 under construction, Amritsar 166 units at Rs 3,695 crore, of which 122 commissioned and 46 under construction, Nawanshahr 32 projects at Rs 3,102 crore, of which 15 commissioned and 13 under construction, Hoshiarpur 98 units at Rs 2,326 crore, of which 43 commissioned and 53 under construction, Ropar 60 projects at Rs 2,028 crore, of which 20 commissioned and 35 under construction, Sangrur 176 units at Rs 1,739 crore, of which 109 commissioned and 63 under construction, Barnala 63 projects at Rs 1,205 crore, of which 25 commissioned and 41 under construction, Jalandhar 159 units at Rs 1,169 crore, of which 37 commissioned and 56 under construction, Pathankot 43 projects at Rs 1,083 crore, of which 26 commissioned and 12 under construction, Gurdaspur 71 units at Rs 758 crore, of which 49 commissioned and 22 under construction, Muktsar 39 projects at Rs 615 crore, of which 17 commissioned and 19 under construction, Ferozepur 40 units at Rs 589 crore, of which 19 commissioned and 17 under construction, Kapurthala 37 projects at Rs 421 crore, of which 20 commissioned and 17 under construction, Faridkot 36 units at Rs 406 crore, of which 26 commissioned and 11 under construction, Mansa 35 projects at Rs 401 crore, of which 17 commissioned and 17 under construction, Fazilka 63 units at Rs 368 crore, of which 40 commissioned and 20 under construction, Moga 79 projects at Rs 246 crore, of which 57 commissioned and 21 under construction, and Tarn Taran attracted 35 new units at the investment cost of Rs 174 crore, of which 31 have already been commissioned while two are under construction.

Figures at a glance

• Projects: 3,411
• Cost: Rs1,00,181 crore
• Commissioned: 1,822 units
• Under construction: 1,487 units

ChiefMinisterSpeaks

Our government has provided a conducive and safe environment to attract fresh investment and ensure expansion of the existing industry in the state. We will continue to make all-out efforts to make Punjab the best investment destination in the country. Charanjit Singh Channi, Chief Minister