Punjab, once known primarily as an agricultural state, is now witnessing an unprecedented industrial revolution alongside agriculture under the leadership of Chief Minister Bhagwant Singh Mann. The progressive and investor-friendly policies of the state government have resulted in Shiva Texfabs, a textile industry giant in Ludhiana, announcing a massive investment of ₹815 crores. This is not just a major financial commitment, but a powerful milestone in the state’s economic progress. Ludhiana, already known as the ‘Manchester of India’, will further strengthen its global identity with this investment. Under its expansion plan, Shiva Texfabs will use this amount to establish a state-of-the-art textile and apparel manufacturing unit.
When such a large factory is set up, the biggest benefit is employment. It is estimated that this new unit of Shiva Texfabs will provide direct jobs to thousands of Punjab’s youth. This is not just employment, but a guarantee of prosperity and better life for thousands of families. When people have work, their earnings will increase and the market will also thrive. This is the magic of the Mann government’s ‘easy policy’. This big investment hasn’t happened just like that. Chief Minister Mann’s government has made it very easy for industrialists to work. Now files are passed quickly, and people don’t have to run around government offices. Everything is transparent, which has increased investors’ confidence. The government has created policies that provide special facilities to companies to set up factories in Punjab. Officials of Shiva Texfabs themselves have said that they received excellent cooperation from the Punjab government, which made them decide to make this investment immediately. This investment will accelerate the cycle of development, which will also boost small businesses and auxiliary industries.
This investment is clear proof that Punjab is now emerging as the Most Preferred Destination for investment. This will also inspire other national and international companies to establish their enterprises in Punjab. This historic investment made through the Punjab government’s initiative is adding a new chapter to the state’s economic development, which will certainly place Punjab in the ranks of the country’s leading industrial states. Shiva Texfabs Limited is an active public limited company established in 2012 in Ludhiana, Punjab, India. Shiva Texfabs Limited, a leading textile manufacturing company from Ludhiana, Punjab, specializes in the production of various types of yarns including premium polyester filament, worsted and spun polyester yarn, as well as high-performance fabrics. The company is part of the larger Shiva Group and has several units in Ludhiana district. They work with a team of skilled professionals to provide a quality-assured range of spun polyester yarn. Spun polyester yarn is in widespread demand among customers because it is available in various thicknesses and can be customized according to customer requirements.
This ₹815 crore investment is not just a factory, but a big message to other companies in the country that Punjab has now become the best place to do business. This step by the Mann government is towards making Punjab a major center of industries along with agriculture, so that the state’s youth don’t have to go outside and the dream of ‘Rangla Punjab’ (Prosperous Punjab) can come true. This investment is a very big and wonderful beginning for Punjab’s future! This ambitious project will play an important role in realizing the vision of ‘Make in India’ and ‘Make in Punjab’. Chief Minister Mann and his team have given top priority to ‘Ease of Doing Business’ for investors. The government’s new industrial and business development policy has reduced red tape and made the single-window clearance system effective. The Chairman of Shiva Texfabs has also appreciated the Punjab government’s prompt cooperation and transparent process, which inspired them to invest such a large amount.
This proves that now Punjab’s identity will not be just from green farming, but also from gleaming factories. Where on one side the land will yield gold, on the other side the factory will weave the fabric of ‘prosperity’. Therefore, Punjab’s new slogan will be: “Excellent is the grain of wheat in the field, but even more excellent is every warp and weft woven in the factory!” This investment is the beginning of that new Punjab, where every hand will get work and every family will get a smile. Often, governments only show dreams, but the Mann government has started turning that dream into reality. This investment is not just money, it is the return of that ‘self-confidence’ of Punjab which says: “Now not only history will be created in Punjab, but ‘world-class factories’ of the future will also stand here!” Under Bhagwant Mann’s leadership, this ‘engine of development’ is not going to stop now.