Latest Project Updates
New Formaldehyde Mfg. Project in Hoshiarpur, Punjab
Executive Summary: A new formaldehyde and synthetic resin manufacturing unit is proposed at Focal Point, Phagwara Road, Hoshiarpur, Punjab. The project includes production capacities of 50 TPD formaldehyde and 100 TPD synthetic resins, with an estimated investment of ₹48.5 million. Construction is planned from February 2026 to June 2026, and the proposal has been submitted to the State Environment Impact Assessment Authority for environmental clearance.
Rs.580 Million Cold Rolling Mill Expansion Project in SAS Nagar, Punjab
Executive Summary: A cold rolling mill expansion is proposed at Samalheri village along the Chandigarh–Ambala Highway in Punjab. The project will increase CR coil capacity from 375 TPD to 1,070 TPD and ERW tube capacity from 350 TPD to 1,000 TPD. Estimated at Rs 580.42 million, construction is planned from February 2027 to February 2028, pending state environmental clearance.
Rs.323 Million New Common Hazardous Waste Treatment Storage and Disposal Facility in Sahibzada Ajit Singh Nag, Punjab
Executive Summary: A new common hazardous waste treatment, storage, and disposal facility expansion is proposed at Village Nimbua, Derabassi, Sahibzada Ajit Singh Nagar, Punjab. The project involves developing an extension secured landfill cell over 10.41 acres adjoining the existing facility, with an investment of Rs.323.6 million. Construction is planned from October 2026 to December 2027. As of January 2026, the proposal is under environmental clearance review.
Rs.110 Million New Specialty Chemicals Mfg. Unit in Ludhiana, Punjab
Executive Summary: A new specialty chemicals manufacturing unit is proposed at Lakhowal, Ludhiana, Punjab. The project will produce specialty textile and industrial chemical formulations with a capacity of 2,400 TPA. The investment is estimated at Rs. 110 million. Construction is scheduled from March to June 2026, and the proposal has been submitted to the State Environment Impact Assessment Authority for environmental clearance.
Rs.3000 Million New Adhesives and Construction Chemicals Mfg. Unit in Punjab
Executive Summary: A chemicals manufacturer has announced plans to set up a new adhesives and construction chemicals plant in Rajpura, Patiala district, Punjab. The facility will have a total capacity of 200,000 MTPA, comprising 140,000 MT of water-based adhesives and 60,000 MT of waterproofing products. The project entails an estimated investment of ₹3,000 million and was announced in January 2026.
Rs.1003 Million New Steel Manufacturing Unit in Ludhiana, Punjab
Executive Summary: A new steel manufacturing unit is planned in Ludhiana, Punjab, featuring four 26 TPH induction furnaces, two 26 TPH ladle refining furnaces, a concast system, and a 65 TPH rolling mill. The plant will produce 5,46,000 TPA of billets/ingots and 5,40,000 TPA of structural steel. With an investment of ₹986.1 million, construction is scheduled from October 2026 to March 2028, pending environmental clearance.
Rs.9600 Million New Standalone Grinding Unit in Mansa, Punjab
Executive Summary: A Punjab-based company plans a new standalone cement grinding unit in Mansa, with a total capacity of 6 million TPA via two 3 million TPA units. The project involves an investment of ₹9,600 million, with construction scheduled from April 2026 to September 2027. As of January 2026, the project has been submitted to the State Environment Authority for clearance.
New Steel Billet And Ingot Mfg. Project in Ludhiana, Punjab
Executive Summary: A steel manufacturer plans a billet and ingot production project in Ludhiana, Punjab, with an initial capacity of 118,800 tonnes. The proposal includes expansion of an existing steel unit to 336,000 MTPA with an investment of Rs.200 million. Construction is scheduled from November 2026 to October 2027 and has been submitted for state environmental clearance as of January 2026.
Rs.26000 Million Guru Gobind Singh Refinery Expansion Project in Bathinda, Punjab
Executive Summary: A refinery expansion project is planned in Bathinda, Punjab, focusing on downstream and fine chemicals. The investment is estimated at ₹26,000 million, with state government assurances for time-bound approvals. Additionally, plans are being considered for a dedicated plastic industrial park near Ludhiana to strengthen the downstream ecosystem and support industries linked to the refinery expansion.
Rs.6850 Million New Industrial Estate Development Project in SAS Nagar, Punjab
Executive Summary: A development authority plans a new industrial estate in Mohali, SAS Nagar, Punjab, featuring industrial plots, commercial, institutional, and hospital areas with supporting utilities. The Rs.6,850.58 million project is scheduled for construction from August 2026 to November 2028 and has been submitted for environmental clearance as of December 2025.