The Punjab government has announced the formation of 22 sector-specific committees to engage directly with industries and craft a new industrial policy focused on enhancing the ease of doing business and accelerating industrial growth in the state.

Industry and Commerce Minister Sanjeev Arora stated that each committee will analyse the current industrial landscape within its sector and recommend both fiscal and non-fiscal incentives, considering Punjab’s structural and financial realities. "Each committee, headed by experts in the relevant sector, must submit their written recommendations within 45 days of the notification," he said.

The committees will focus on sectors such as textiles (spinning and weaving, apparel manufacturing, dyeing and finishing), IT, machine tools, sports and leather goods, auto components, heavy machinery, bicycles, electric vehicles (EVs), renewable energy, food processing, steel and rolling mills, logistics and warehousing, tourism, pharmaceuticals, healthcare, start-ups, retail, and electronic systems design and manufacturing.

Each will comprise eight to 10 industry representatives and will initially operate for two years from the date of notification. Finance Minister Harpal Singh Cheema and AAP MP Vikramjit Singh Sahney also participated in discussions with industry leaders.