{"id":159450,"date":"2026-03-14T20:36:28","date_gmt":"2026-03-14T15:06:28","guid":{"rendered":"https:\/\/timespunjab.com\/?p=159450"},"modified":"2026-03-15T15:37:43","modified_gmt":"2026-03-15T10:07:43","slug":"punjab-to-set-up-3-world-class-exhibition-centres-at-ludhiana-new-chandigarh-amritsar-to-boost-industry-and-commerce-cm-bhagwant-singh-mann","status":"publish","type":"post","link":"https:\/\/timespunjab.com\/?p=159450","title":{"rendered":"Punjab to set up 3 world-class exhibition centres at Ludhiana, New Chandigarh &#038; Amritsar to boost industry and commerce: CM Bhagwant Singh Mann"},"content":{"rendered":"<p><strong>&#8211; Progressive Punjab Investors Summit has become powerful platform for investors to share ideas &amp; explore opportunities: CM Bhagwant Singh Mann<\/strong><\/p>\n<p><strong>&#8211; Punjab moving from traditional agriculture to value-added exports, food processing key to farmers\u2019 prosperity: CM Bhagwant Singh Mann<\/strong><\/p>\n<p><strong>&#8211; State preparing Punjab\u2019s economy for next 50 years with <\/strong><strong>strong focus on industry, exports and renewable energy: CM Bhagwant Singh Mann<\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-159445 aligncenter\" src=\"https:\/\/timespunjab.com\/wp-content\/uploads\/2026\/03\/IMG_9549-300x200.png\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/timespunjab.com\/wp-content\/uploads\/2026\/03\/IMG_9549-300x200.png 300w, https:\/\/timespunjab.com\/wp-content\/uploads\/2026\/03\/IMG_9549-1024x683.png 1024w, https:\/\/timespunjab.com\/wp-content\/uploads\/2026\/03\/IMG_9549-768x512.png 768w, https:\/\/timespunjab.com\/wp-content\/uploads\/2026\/03\/IMG_9549.png 1152w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><strong>(Rajinder Kumar) SAS NAGAR, 14 March 2026:<\/strong> Punjab Chief Minister Bhagwant Singh Mann on Saturday announced that the Punjab Government will establish three world-class exhibition centres at Ludhiana, New Chandigarh (Mohali) and Amritsar to give a major boost to industry and commerce in the state. Interacting with industrialists during various sessions at the ongoing Progressive Punjab Investment Summit, Punjab Chief Minister Bhagwant Singh Mann congratulated participants for actively brainstorming on key economic and industrial issues affecting Punjab. \u201cPunjab does not have big exhibition centres due to which the industry does not have proper places to showcase their products. To address this gap, the Punjab Government is in the process of setting up three world-class exhibition centres at Ludhiana, New Chandigarh and Amritsar on the lines of Pragati Maidan in New Delhi so that industry gets a strong platform to display their goods and boost economic activity,\u201d said CM Bhagwant Singh Mann. Highlighting the significance of the Progressive Punjab Investment Summit, the Chief Minister said, \u201cThis summit has transformed into a well-managed platform where investors are sharing ideas and exploring opportunities in a big way. This will benefit both Punjab and the investors as we collectively work towards strengthening the state\u2019s economy,\u201d stated CM Bhagwant Singh Mann. He emphasized that the Punjab Government is committed to strengthening the state\u2019s export-driven economy and helping Punjab transition from traditional agricultural output to value-added exports. \u201cPunjab is the land of revolution and Punjabis adopt new ideas quickly. That is why Punjabis have excelled in every sphere across the world. Our aim is to further strengthen the export-driven economy of Punjab as the state has enormous potential to move from traditional agricultural exports to value-added products,\u201d added CM Bhagwant Singh Mann. The Chief Minister asserted that the Punjab Government is preparing the state for the next 50 years of economic growth with a clear vision of transforming Punjab into a global export hub. \u201cOur goal is to prepare Punjab for the needs of the next fifty years. We want to develop Punjab as a major export hub. I urge investors to compare Punjab with any other state in the country and they will find that Punjab offers one of the best environments for investment. Though our population is only about 2 percent of the country, the sacrifices of Punjabis for the nation exceed 90 percent,\u201d affirmed CM Bhagwant Singh Mann. Highlighting Punjab\u2019s contribution to the country\u2019s food security, the Chief Minister noted that the state continues to be the food bowl of India. \u201cPunjab produces around 185 lakh metric tonnes of rice and 125 lakh metric tonnes of wheat. Because of this contribution, Punjab is proudly known as the food bowl of the country,\u201d noted CM Bhagwant Singh Mann. Describing the Progressive Punjab Investment Summit as a resounding success, the Chief Minister said, \u201cAll thirty sessions planned during the summit were fully attended, which shows the strong interest of the business community in Punjab\u2019s growth story. At the same time, we must address the challenge that bumper agricultural production without value addition often creates imbalance between supply and demand,\u201d observed CM Bhagwant Singh Mann. He highlighted Punjab\u2019s immense potential in food processing and cited examples of several regions known for specialized agricultural produce. \u201cPunjab has tremendous potential in food processing. Pathankot\u2019s litchis, Hoshiarpur\u2019s mangoes and Jalandhar\u2019s potatoes are examples of crops where value addition through food processing can significantly increase farmers\u2019 income,\u201d stated CM Bhagwant Singh Mann. The Chief Minister emphasized that diversification of agriculture is essential to break the wheat-paddy cycle. \u201cFarmers in Punjab want to move beyond the wheat-paddy cycle, but the challenge is the lack of viable alternatives. Food processing offers a practical solution. Farmers will adopt crops like maize if they receive income comparable to paddy. Therefore, we must ensure that diversification becomes economically viable for farmers,\u201d added CM Bhagwant Singh Mann. Citing encouraging examples of agricultural diversification, the Chief Minister pointed out that vegetable cultivation has helped improve groundwater levels in some areas. \u201cIn certain areas, vegetable cultivation has led to a 57 percent improvement in groundwater levels in the 0\u20134 meter range. This shows that diversification can benefit both farmers and the environment,\u201d said CM Bhagwant Singh Mann. He invited investors and delegates to share their ideas directly with the decision-making teams of the Punjab Government and also highlighted the success of the Kisan Ketchup plant at Nabha. \u201cWhen the Kisan Ketchup plant was first set up in Nabha, tomatoes were imported from Maharashtra. Today, nearly sixty percent of the tomatoes are sourced locally from Punjab after farmers adopted the required varieties. This is a strong example of how agriculture and industry can work together,\u201d stated CM Bhagwant Singh Mann. Describing Punjab as a blessed land, the Chief Minister also announced enhanced subsidies under the new industrial policy. \u201cUnder the new industrial policies, subsidies for food processing industries will now go up to 125 percent. We are also promoting floriculture, which we aim to increase to sixteen percent. The Punjab Government has established a laboratory in Mohali to test pesticide residues for basmati rice growers, and we will ensure MSP support and state intervention if market prices fall below minimum levels,\u201d affirmed CM Bhagwant Singh Mann. The Chief Minister said that the presence of major international companies already operating in Punjab reflects the confidence of global industry in the state\u2019s industrial ecosystem. \u201cPunjab offers strong advantages such as availability of raw material, established industrial clusters and proximity to key markets. The state already has strong sectors including textiles, auto components, FMCG products and construction materials,\u201d noted CM Bhagwant Singh Mann. He further pointed out that Punjab is also emerging as an important hub for agrochemicals and fertilizers. \u201cPunjab\u2019s large agricultural economy creates strong demand for agrochemicals and fertilizers, and the state already hosts major players in this sector,\u201d added CM Bhagwant Singh Mann. The Chief Minister said that the Punjab Government recently launched the Industrial &amp; Business Development Policy 2026, which he described as one of the most progressive policy frameworks in India for industrial growth. \u201cThe Industrial &amp; Business Development Policy 2026 provides strong support for investors, and Invest Punjab functions as a dedicated one-stop facilitation office to assist industries at every stage from approvals to project implementation,\u201d said CM Bhagwant Singh Mann. Reiterating Punjab\u2019s historic role in ensuring national food security, the Chief Minister said that agriculture and allied sectors continue to support a large share of the state\u2019s workforce. \u201cPunjab has always been the food bowl of India and our farmers have played a historic role in ensuring food security for the nation. Agriculture and allied sectors remain a key pillar of our economy,\u201d stated CM Bhagwant Singh Mann. However, he emphasized that the next phase of agricultural growth must focus on value addition. \u201cThe future of Punjab\u2019s agriculture lies not only in producing crops but in converting them into processed and branded food products for domestic and international markets,\u201d asserted CM Bhagwant Singh Mann. He noted that global food consumption patterns are rapidly changing with increasing demand for ready-to-eat foods, packaged products, health foods and processed agricultural products. \u201cThis change in global consumption patterns presents a major opportunity for Punjab to move from farm produce to food products,\u201d said CM Bhagwant Singh Mann. The Chief Minister highlighted that Punjab already possesses strong infrastructure to support this transformation. \u201cPunjab already has Mega Food Parks, cold storages, food storage depots and strong logistics connectivity that support modern food processing and efficient supply chains,\u201d added CM Bhagwant Singh Mann. He said that the Punjab Government\u2019s vision is to build strong partnerships between farmers and industry. \u201cWhen farmers, food processors, exporters and logistics providers work together, it increases farmers\u2019 income, generates employment for youth and expands export opportunities for Punjab,\u201d affirmed CM Bhagwant Singh Mann. The Chief Minister reiterated that Punjab has long been known for enterprise, manufacturing strength and strong global trade connections. \u201cToday the Punjab Government is working to further strengthen Punjab\u2019s position as an export-driven industrial economy,\u201d noted CM Bhagwant Singh Mann. He highlighted that Punjab currently exports goods worth over USD 7 billion and has a strong presence in sectors such as agriculture, engineering goods, textiles, auto components and pharmaceuticals. \u201cWith more than fourteen lakh MSMEs, Punjab has a strong base of enterprises that contribute to exports, employment and industrial growth,\u201d stated CM Bhagwant Singh Mann. The Chief Minister said that the Punjab Government aims to transform Punjab into a major export hub of North India by combining manufacturing strength with efficient logistics systems. \u201cWe invite industry leaders, exporters and logistics companies to partner with Punjab in expanding our global footprint,\u201d added CM Bhagwant Singh Mann. Highlighting the importance of sustainable development, the Chief Minister also spoke about Punjab\u2019s transition towards clean and reliable energy. \u201cPunjab is steadily moving towards clean and reliable energy as part of our long-term development strategy. Renewable energy will play a key role in meeting growing industrial demand, agricultural needs and emerging sectors such as electric mobility,\u201d said CM Bhagwant Singh Mann. He added that Punjab has a natural advantage in bioenergy because of its strong agricultural base. \u201cPunjab produces nearly twenty million tonnes of paddy straw every year. What was once seen as a challenge is now being converted into an opportunity through biomass power, compressed biogas and waste-to-energy projects,\u201d stated CM Bhagwant Singh Mann. \u201cBioenergy will help address stubble management, generate additional rural income, support clean fuel transition for industry and build a circular economy where agricultural residue becomes an energy resource,\u201d added CM Bhagwant Singh Mann. On the occasion, Cabinet Ministers Sanjeev Arora and Gurmeet Singh Khudian along with other dignitaries were also present.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Progressive Punjab Investors Summit has become powerful platform for investors to share ideas &amp;&#8230;<\/p>\n","protected":false},"author":3,"featured_media":159444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,43,388,20],"tags":[3878,3927,3888],"class_list":["post-159450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-english","category-political","category-punjab","tag-newsupdate","tag-punjabnews","tag-timespunjab"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Punjab to set up 3 world-class exhibition centres at Ludhiana, New Chandigarh &amp; Amritsar 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