In a major move to make better use of industrial land, the Punjab Small Industries and Export Corporation (PSIEC) has introduced a new policy that allows industrial plots to be clubbed (merged) or de-clubbed (divided).
Industries and Investment Promotion Minister Tarunpreet Singh Sond announced the policy at a press conference held at Punjab Bhawan. He said this decision comes after repeated demands from industrialists who wanted a clear and transparent way to manage their industrial plots.
The new policy will apply to all plots under PSIEC — including those in focal points and industrial estates — but not to booths or sheds.
To qualify:
The plots must be owned by the same person or company.
All dues must be cleared before applying.
The plots must be of the same type — either freehold or leasehold — and all proper documents must be in place.
A fee will also be charged: 1% of the current reserve price of the total area of the plots or a maximum of ₹50 lakh, whichever is less.
For de-clubbing, the request must follow the original layout plans and comply with building laws, zoning rules, and environmental norms.
In another big announcement, the minister also shared that the government has created an Appellate Authority to help those whose industrial plots were previously cancelled. This will help resolve cases where plots were taken back due to reasons like non-payment, not starting production on time, or breaking rules.
This authority was officially notified on May 7, 2025, and affected plot owners now have a chance to file an appeal before September 30, 2025. Moving forward, appeals must be filed within six months of plot cancellation.
Minister Sond said about 700 plots were cancelled earlier, and many businesses had been asking for a chance to get their plots back. He assured that the new policy will give them a fair platform to present their cases.
He added that these steps will reduce legal battles, offer clarity, and help struggling industries bounce back. The Punjab government, under Chief Minister Bhagwant Singh Mann, is committed to supporting industrial growth and creating new opportunities across the state.
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