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Punjab Announces ₹1,100-Crore Jogindra Group Expansion in Steel and Renewable Energy

The state casts the plan as a vote of investor confidence.

Overview

  • Punjab’s industries minister announced a ₹1,100 crore expansion by Jogindra Group in the state.
  • The plan allocates ₹700 crore to steel units Jogindra Castings and Vardhman Adarsh, with ₹400 crore for renewable projects under Jogindra Green India.
  • The minister projected revenue rising to about ₹5,000 crore from ₹3,000 crore and jobs increasing to roughly 3,000 from 1,800.
  • Renewable capacity connected to the group is expected to grow from 37 MW to 120 MW as part of the expansion.
  • Officials highlighted renewed activity in Mandi Gobindgarh’s long-time steel hub, with details reported from government statements and no company-issued timeline.