Chandigarh, March 11 -- Two days after the Punjab government announced its new industrial policy, leading industry players Cremica and JL Oswal Group have declared their expansion plans involving investments worth Rs.2,000 crore in thestate. Industries, commerce and investment promotion miniser Sanjeev Arora said Mrs Bectors Food Specialities would invest Rs.400 crore to establish a state-of-the-art food processing unit at its existing Rajpura facility. "This new unit is expected to generate direct employment for around 1,000 persons," he said at a press conference. Anoop Bector, managing director of Mrs Bectors Food Specialities Ltd, and Amit Dhaka, CEO Invest Punjab, were also present. A leading food processing company with sales of approximately Rs.2,100 crore in 2026, it manufactures biscuits, breads, bakery products and frozen foods across nine plants in India. The company has invested nearly Rs.1,500 crore in advanced facilities nationwide and exports biscuits to over 70 countries. JL Oswal Group also has announced plans to invest approximately Rs.1,550 crore in over the next three years. Arora emphasized that these investments demonstrate the growing trust of industry leaders in Punjab's investor-friendly policies and improving business environment. He said the expansion plans of the two companies will significantly contribute to Punjab's industrial growth and economic development.HTC...