Punjab Unveils Industrial Policy 2026 with Flexible Incentives and Investment Targets

Punjab's government has approved the Industrial Business Development Policy 2026, aiming to attract Rs 75,000 crore in investment by easing eligibility for employment-linked subsidies and introducing a capital subsidy for the first time. The policy lowers the investment threshold to Rs 25 crore with 50 employees for incentives, extends the benefit period to 10-15 years, and allows investors to customize packages from 20 incentive options. It also supports workforce diversity by offering higher wage subsidies for women, Scheduled Castes, Scheduled Tribes, and persons with disabilities, and permits women to work night shifts under safety guidelines.