Jogindra Group to Inject ₹1,100 Crore into Punjab, Announces Industries Minister Arora
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Jogindra Group to Invest Rs 1,100 Cr in Punjab, Boosts Steel & Green Energy
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News18•01-04-2026, 16:00
Jogindra Group to Invest Rs 1,100 Cr in Punjab, Boosts Steel & Green Energy
•Jogindra Group to invest Rs 1,100 crore in Punjab for expansion plans, as announced by Industries Minister Sanjeev Arora.
•Investment includes Rs 700 crore in the steel sector (Jogindra Castings, Vardhman Adarsh) and Rs 400 crore in renewable energy (Jogindra Green India).
•Projected turnover increase from Rs 3,000 crore to Rs 5,000 crore, with employee strength rising from 1,800 to 3,000.
•Renewable energy capacity to expand from 37 MW to 120 MW, strengthening Punjab's industrial base.
•Mandi Gobindgarh, the backbone of Punjab's steel industry, is regaining strength with new investments and modernization.