Mohali Surges Toward Becoming North India’s Next Tech & Services Capital Amid Record Investments
Mohali is undergoing an unprecedented transformation, rapidly emerging as North India’s most promising IT and services powerhouse. Backed by record investments across IT, healthcare, retail, data centres and advanced manufacturing, the city is experiencing its strongest growth phase yet. Invest Punjab has confirmed massive investor interest, driven by bold reforms, modern infrastructure upgrades and a pipeline of high-impact projects that position Mohali for global competitiveness.
The city’s rise is anchored by major flagship developments, including Infosys’ ₹285.5-crore expansion, the upcoming ₹2,000-crore Phoenix Mall, Fortis Hospital’s ₹1,000-crore upgrade, and new-age projects such as the Satyam Data Centre and Everise’s 2,000-employee Global Capability Centre. Alongside, the expansion of CDIL Semiconductor is reinforcing Punjab’s presence in the ESDM and electronics innovation landscape.
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Industrial growth is receiving a major boost with the upcoming 140-acre Jhanjheri Industrial Estate, soon to be developed by PSIEC. This will introduce modern plug-and-play infrastructure, solve Mohali’s industrial land crunch and attract high-value MSMEs and large-scale units. Together with retail, healthcare and data-centre investments, Jhanjheri is set to become the district’s next major economic hub.
Urban transformation is also accelerating through groundbreaking reforms. Mohali’s new Unified Building Bylaws 2025 introduce higher FAR, lenient parking norms, purchasable FAR and simplified approvals through the FastTrack portal, promising clearances within 45 days. Complementing this, the city is undergoing a major infrastructure overhaul—revamped roads, new power infrastructure, enhanced policing, improved connectivity and Aerocity-style urban design upgrades for Mohali IT City.
With global companies, GCCs, semiconductor firms, retail giants and healthcare leaders placing long-term bets on Mohali, the city is moving toward a future-ready identity. Supported by its talent pool, international airport proximity and pro-investment governance, Mohali is well on its way to becoming North India’s technology-and-services capital and a high-livability global hub for innovation, investment and job creation.
