Punjab
Enterprise and endeavour, these two words symbolize the essential spirit of the people of Punjab. Since Independence, over 5 decades, the state has earned its epithet: "of Granary India" through the enterprising spirit, and untiring toil of its people Its average growth rate of 10% is amongst the highest in the country, clearly reflecting the progressive economy of the state .Punjab also boasts a 58% literacy rate and the highest per capita income in India. Today's Punjab has become a land of boundless opportunities, offering distinct advantages for investment and industry.
Since the recent liberalization of India's economy, Punjab has started making its mark on the global business mainstream, with major players from around the world forming joint ventures in the field of agri-business.
Privileged by nature and the dynamism of its people, Punjab is a land of rivers, fertile soils and steady achievement. With its inimitable style of transforming every potential opportunity into a success story, the state was the first to translate agricultural technology into the "green revolution", recording highest growth rate in food production. From a minor producer it emerged a major rice surplus state. Providing the impetus for the "White revolution", during Operation Flood, it was Punjab that recorded the highest per capita availability of milk.
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Today's Punjab has over 2.04 lakhs of small and medium industries and about 600 large scale industries. It leads in the manufacture of machine and hand tools; printing and paper cutting machinery; auto parts and electrical switch gear. The state also provides more than 75% of the country's requirement for bicycles, sewing machines, hosiery and sports goods. At par with the highest quality standards in the world, these products have carved a niche for themselves in markets across the globe. |
