October 14, 2025
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Ganga Acrowools to invest ₹637 crore under Punjab’s Invest Punjab plan

Chandigarh, October 14, 2025  : Punjab’s industrial landscape is set to get a major boost, as Ganga Acrowools Limited is investing ₹637 crore in a large-scale textile project in the state. This project marks another major success for the state government’s ‘Invest Punjab’ initiative. Under the leadership of Chief Minister Bhagwant Mann, the Punjab government aims to re-establish the state as one of India’s foremost industrial hubs.

The Ganga Acrowools project will generate thousands of employment opportunities for Punjab’s youth. This investment in the textile sector will revive the state’s traditional industrial identity. According to government officials, the project will not only strengthen the local economy but also position Punjab prominently on the textile manufacturing map of India.

In recent years, the Punjab government has made the investment climate highly favorable for industries. With improvements in the Single Window Clearance System, land availability, and basic infrastructure like electricity and water, industrialists are increasingly being drawn to the state. Ganga Acrowools’ decision to invest here reflects this positive environment. The company expects to benefit from Punjab’s skilled workforce, strong infrastructure, and proactive government support.

The project is expected to significantly enhance the textile sector’s contribution to Punjab’s economy. The government believes that the textile and apparel industries have always been the state’s strength, and this new investment will boost exports. The ₹637 crore project will make a direct contribution to Punjab’s GDP and help raise local incomes.

Ganga Acrowools is a reputed Indian company known for its excellence in the textile industry. Its decision to invest in Punjab demonstrates the effectiveness of the state’s industrial policies. This is not only a significant investment by a leading Indian company but also a step towards strengthening Punjab’s domestic industrial capacity.

The state’s Department of Industries coordinated with various departments to fast-track approvals for this project. The Punjab Bureau of Investment Promotion provided continuous support to the company at every stage. This proactive and investor-friendly approach distinguishes Punjab from other states where investors often struggle with bureaucratic delays.

The project will also benefit small and medium enterprises (SMEs) in the region. Supporting industries like supply chain, logistics, packaging, and other ancillary sectors are expected to grow around the Ganga Acrowools facility, spurring industrial activity and economic growth across the area. For local businesses and entrepreneurs, this represents a golden opportunity.

Chief Minister Bhagwant Mann stated that making Punjab an industrial powerhouse once again is one of his government’s top priorities. Large investments like Ganga Acrowools’ are key milestones in achieving this goal. The state government remains committed to attracting even more large-scale investments in the near future. This project stands as a new ray of hope for the youth of Punjab.

The Punjab government’s message is clear — the state’s doors are open for investment, and the government stands firmly beside industrialists at every step. Ganga Acrowools’ ₹637 crore project is living proof that Punjab is once again on the path of an industrial revival. This investment in the textile sector will take the state’s economy to new heights and transform the lives of thousands of families.

Summary:
Under the Mann government’s Invest Punjab initiative, Ganga Acrowools announced a ₹637 crore investment in Punjab’s textile sector, creating new employment and industrial growth opportunities.

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