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Punjab Chief Minister Bhagwant Mann launched a new Industrial Policy in Ludhiana, focusing on expanding the state's industrial footprint and job creation. The policy was created after consultations with 24 committees and incorporates 77% of stakeholder feedback.

Key features include capital subsidies, 100% exemptions on Zero Liquid Discharge systems, and an employment threshold requiring ₹25 crore investment with 50 employees for incentives. Monthly subsidies of ₹3,000 per worker, increasing to ₹5,000 for the IT sector, will be provided.

The policy allows women to work night shifts with security measures and offers a 25% incentive for industries in border districts. Mann also announced the inauguration of a ₹3,200 crore Tata Steel plant in Ludhiana on March 20.