Punjab- A Land of Plentiful Opportunities Punjab is indeed a land of boundless opportunities. The state is endowed with this quality owing to the enterpeising spirit of its inhabitants. A typical Punjabi is very hardworking and laborious in his day to day work. He always endeavours to do that extra bit that will stand him apart from others. This competitive nature of the Punjabis combined with high average growth rate, high literacy rate and highest per capita income in the country makes Punjab a land of limitless opprtunities. Today Punjab offers distinct advantage for investment and industry. The recent liberalisation of the country's economy, has pitchforked Punjab into the mainstream global business. The state is determined to accelerate its annual industrial rate of growth. Going by the availability of raw materials and the thrust areas identified by the government, investment opportunities exist in the following areas:   Processing of major and minor crops Industries based on agricultural waste/ residue (wheat/ paddy straw, paddy husk) Processing of fruits and vegetables Dairy or poultry based units Leather and sports goods. Meat processing Textiles Electronics & telecommunications Information technology Infrastructure modernisation and development Automobiles and farm machinery Engineering industries related to agriculture & food processing, including ancillary units Chemical industries, including drugs and pharmaceuticals Export oriented units Opportunities in Agri-Business: Successful harvesting of green revolution by Punjab was a step in making India self reliant in food production. Punjab has boundless opportunity for agro based industry. 4.2 million hectare sown area with 182% cropping intensity and 100% assured irrigation makes Punjab “the granary of India”. With 21.8 million tons of food grain production, 9.7 million live stock and 15.3 million poultry population, Punjab is most suitable for agri business. Apart from foodgrain large quantity of fruits and vegetables is available for processing. National Productivity Council of India after a survey found that in Punjab availability of crop residue is of the order of 31.5 million tons. The major crop residue are rice straw, wheat straw and cotton stalk. In addition to that, industrial residue/by product such as rice husk and baggages is also available. Approximately 2 million tons of these two products are generated every year. Keeping these things in mind Punjab offers tremendous investment potential in agro based projects in areas like processing of major and minor crops, processing of fruits and vegetables, processing of crop and agro industrial residue, poultry and animal husbandry, dairy and milk processing, floriculture and fresh water aquaculture, post harvest technology, spinning and weaving mills.

Next | Industries Home