Introduction
Incorporated in 1996, as a state government undertaking, PunjabAgro-Industries Corporation today has a extensive service network and excellent rapport with the farmers. The corporation has an equity capital base of Rs.466.6 million and employs about 1000 people at different levels in its regional, district and corporate offices. It is the nodal agency of the state government for promotion of agro-based industries in Punjab.

To provide agricultural inputs
Punjab Agro-Industries’ marketing policies are consumer-oriented handled by hard core professionals. 3 regional offices, 14 district offices, 90 retail outlets, 800 private dealers, 25 tractor sale-cum-service centres and 11 petrol pumps cater to the requirement of state farmers for fertiliser, pesticides, farm machinery, diesel/petrol, custom-hiring services and other requirements. It has offices and outlets in the remotest possible corners of the state. Punjab Agro-Industries Corporation’s annual sales turnover of agricultural inputs is around Rs.2000 million.

To introduce new technologies
Punjab Agro remains on the look out for innovative and state-of-the-art technologies for adding value to the state’s is agricultural produce and residues. Therefore R&D, development and promotional activities form an essential part of our corporate culture.

To act as an institutional promoter
As an institutional investor, PAIC invests equity capital as a co-promoter. It contributes towards the equity of new projects in the Assisted Sector from 10 to 50% depending upon the size of the project. In the Joint Sector it contributes from 26 to 50%. Projects in the Assisted Sector are encouraged by the corporation The corporation identifies project ideas through environment-scanning, conducts feasibility studies and market surveys, determines viable projects and thereafter selects financial/technical collaborator, depending, inter-alia, on experience and investment capability.

It provides total assistance from selection of site, technology, preparation of project report; assistance in arrangement of term loans, working capital from commercial banks and raising funds through public issues. PAIC actively assists the private Indian and foreign investors in obtaining all kinds of official sanctions, licenses, permits, and arranging for other infrastructural facilities for proper, efficient and economical working of new projects.

Secretary to Government of Punjab ,
Department of Industry & Commerce ,
Udyog Bhawan , 18 Himalaya Marg,
Sector 17 , Chandigarh.
Tel: 91-172-704472, 70381
Fax: 91-172-702386

Commissioner NRIs
Punjab Bhawan, Copernicus Marg,
New Delhi
Tel : 91-11-3383804, 3384133
Fax : 91-11-3782448

Director of Industries and commerce
Punjab 17-Bays Building,
Sector-17 Chandigarh
Tel : 91-172-701363, 701214
Fax : 91-172-705662

Advisor NRIs
Indian Investment Centre,
Jeevan Vihar Building, Sansad Marg,
New Delhi
Tel : 91-11-3732248
Fax : 91-11-3732245

Chief Coordinator
Udyog Shayak,
Himalya Marg Udyog Bhawan
Sector 17, Chandigarh
Tel : 91-172-715270, 715344,715320
Telefax : 91-172-705662