Mohali to Develop Startup Hub Inspired by South Korea's Pangyo Techno Valley

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Mohali to get South Korea-style startup hub; Rs 1,407 cr UK investment announced

Representational image (Image: News18)

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News18•13-03-2026, 23:00

Mohali to get South Korea-style startup hub; Rs 1,407 cr UK investment announced

•Punjab to establish a dedicated startup hub in Mohali, modeled after South Korea's Pangyo Techno Valley.
•Mohali is rapidly emerging as a major technology and startup hub, aiming to become Punjab's 'Silicon Valley'.
•IT firms in Mohali will receive the cheapest power in India; lucrative worker subsidies also offered.
•UK-based 3 Associates announced Rs 1,407 crore investment in Punjab, expected to create substantial employment.
•Punjab seeks deeper collaboration with Japanese partners in EV, agri-tech, and clean energy sectors.

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