Punjab, literally meaning "Land of Five Waters", is one of the most fertile and industrialised regions of India.
Punjab is also known as the ‘Bread Basket of India’.
Light engineering, food processing are key sectors.
Punjab has about 1.6 lakh industrial units.
Home to international sporting talents across disciplines.
State’s GSDP increased at a CAGR of 6.78% between 2015-16 and 2020-21
A Continuous Galvanized Rebar Production Facility in Mandi Gobindgarh will aid the infrastructure sector.
Allocated outlay of US$ 7.45 million under a ‘Smart School Policy’ for smart schools and digital education.
Cumulative FDI inflow stood at US$ 778.73 million between October 2019-December 2021
Punjab has been one of the biggest contributors to India's sporting talent across disciplines, including Kabaddi, Hockey, Wrestling.
Punjab produces 18% of wheat, 12% of rice, 10% of milk, 20% of honey, 48% of mushroom, and 5% of cotton in the country.
Readymade apparels and garments, hosiery, yarn, and textiles account for a majority of total overall exports from the state.
Punjab is well connected with the rest of India through a growing network of roads and railways and international airports.
4,200 MW capacity addition in solar energy is targeted by 2022. As of June 2017, Punjab had installed power capacity of 14,177.65 MW.
Here are the leading sectors with opportunities for foreign investors
John Deere, an American manufacturer of agricultural, construction, and forestry machinery, has production base in Punjab.
Food and drink maker Nestlé has a production base in Punjab owing to easy availability of raw materials.
Isuzu Motors, a Japanese commercial vehicle brand, has a manufacturing base in Punjab.
Quark Enterprises, an engineering and manufacturing company, has a production base in Punjab.
Emerson Electric, an American engineering company, has a manufacturing base in Punjab.
Ludhiana Mega Food Park, Mohali Knowledge City, Greenfield Light Engineering Park along Eastern Dedicated Freight Corridor and Chandigarh Medicity.
Greenfield Light Engineering Cluster, along with the Eastern Dedicated Freight Corridor and the Amritsar Kolkata Industrial Corridor (AKIC).
Supply Clusters around Rail Coach Factory, Kapurthala and DCW, Patiala; Automobile Manufacturing Park, alongside AKIC.
Ludhiana, Jalandhar and Amritsar are the cities identified in Punjab for urban development under Smart Cities Mission.
Eastern Dedicated Freight Corridor, with an electrified single-track segment of 447 km between Punjab, Haryana and Uttar Pradesh.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments