Archive · 22 Jun 2025
Punjab's Fast-Track Portal Boosting Industrial Growth
Punjab's government is trying to help businesses grow faster.
They created a special online system called a 'fast-track portal' that helps businesses get approvals quickly.
This portal is like a shortcut for companies, and it should take them less than two months to get everything they need.
Thousands of small and medium businesses are using the system, and a new factory that makes medical aids is opening.
This factory will use its own materials instead of buying them from other countries, which is good for the local economy.
Punjab's Industries Minister highlighted the government's fast-track portal.
The portal aims to speed up industrial approvals within 45 days.
Over 55,000 MSMEs have registered on the Invest Punjab Portal.
The Minister spoke at the inauguration of Ortech Textiles in Mohali.
Ortech Textiles, a manufacturer of orthopedic aids, aims for self-reliance.
- Who
- Punjab's Industries and Commerce Minister Tarunpreet Singh Sond.
- What
- Punjab's government is improving the industrial sector with a fast-track portal.
- When
- Minister Sond spoke at the inauguration on Saturday evening, over the past 8 months the portal has been active.
- Where
- Punjab, specifically Mohali.
- Why
- To transform Punjab's industrial landscape and speed up approvals.
- Minister
- Tarunpreet Singh Sond
- Portal Name
- Invest Punjab
- Approval Time
- Within 45 days
- MSMEs Registered
- 55,000
- Company Inaugurated
- Ortech Textiles
- Ortech's product
- Orthopedic aids