Union Budget 2023-24
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Largest agricultural area under irrigation in India

Punjab has an excellent network of irrigation facilities with 98% of net area sown covered under irrigation.

Punjab, called the "Granary of India", is bounded on the west by Pakistan, on the north by Jammu and Kashmir, on the northeast by Himachal Pradesh and on the south by Haryana and Rajasthan.

Punjab is recognized as an “Achiever” among the Landlocked states by DPIIT in Logistics Ease (LEADS 2022) and is well linked to all major markets via a total road network of 72,212 km, a rail track network of 2,100 km, and 5 airports. With five container freight stations (CFSs), 3 multimodal logistics parks, dedicated freight corridors and four inland container depots (ICDs) the state has a strong logistical backbone thereby easing exports and imports for the state. Punjab has a total installed capacity of over 13,960 MW.

Punjab contributes to 3% of the national GDP with its 1.6 % land area. The state has a total cultivable area of 4.2 million hectares, which represents 3% of India's net area sown. With this region, Punjab is India's second largest wheat and rice producer, providing 26% rice and 36% wheat to the central grain pool and has the highest per capita milk availability. In addition, Punjab is India's leader in the production of bicycle components, machinery, hand tools, and textiles such as hosiery and wool. In terms of providing its residents with access to modern conveniences such as clean water, sanitation, electricity, food, and the internet, Punjab ranks second among the states. The state also has the highest rate of internet users per capita and rural electrification is universal.

Major industries in Punjab include food processing, tractors and auto components, agro-based parts, bicycle and bicycle parts, sports goods, light engineering goods, metal and alloys, chemical products, textiles, IT and Pharmaceuticals.

 

Rice

3rd largest producer of wheat and rice in India

Machine Tools

Largest producer of machine, hand tools and bicycle components in India 

Horticulture crops

Leading producer of horticulture crops – mandarin, carrots, muskmelon, honey

Food processing in Punjab

Food Processing

Punjab is the food bowl of the country. The State is ranked 3rd in total Wheat production (16%) and 3rd in total Rice production (10%). Agriculture contributes to the economy with about 21 % of GSDP against an all-India figure of 14%.

Punjab is the largest producer of Wheat, 2nd largest producer of Mandarin and Carrot, 3rd largest producer of honey and fruits and vegetables in the country. Punjab has a robust infrastructure in place for Agro & food processing in India. Best in the country for area under irrigation, with 98% of net irrigated area

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Light Engineering

Punjab has a rich industrial base of MSME units belonging to bicycle parts, auto components, hosiery, sports goods and agricultural implements.

The state accounts for 92% of India’s production of bicycle parts and 75% of bicycle production of India. Light Engineering is an important sector for the state with Jalandhar, Ludhiana, Patiala, Sangrur, Moga, Hoshiarpur and Mohali districts being host to thousands of light engineering companies. Punjab is also developing a new Industrial Estate at Nabha for light engineering and a Light Engineering Park along the Eastern Dedicated Freight Corridor and the Amritsar Kolkata Industrial Corridor.

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Textile and Garments

Punjab is the leading hub for textile-based industries such as apparel manufacturing, spinning and hosiery exports with Ludhiana being the biggest manufacturing cluster in North India.

The state accounts for 95% of India’s woollen knitwear production, 85% of India’s sewing machine production and 75% of India’s sports goods production. The state has emerged to be the second largest cotton and blended yarn producer in the country. Punjab is also setting up a Technical Textile Park to explore international partnerships for technology sourcing and joint ventures.

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Renewable Power

Punjab offers a conducive environment to encourage power generation from renewable energy sources.

The state is strategically placed to harness solar energy in a big way. It was ranked number one amongst all Indian states for progress in solar energy by World Bank in 2015. The state aims to harness 5,400 MW (15%) energy from renewable sources of energy by 2022. It has launched two unique policies to support the sector—New and Renewable Sources of Energy (NRSE) Policy and Net Metering Policy.

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Agriculture and Horticulture

Agriculture

Agriculture is one of the significant sectors for the growth of Punjab’s economy.

It is providing livelihoods to more than 60 per cent of the state’s population and is known as the ‘Bread Basket of India’ leading to the first Green Revolution in the country. Basmati rice is the most exported commodity and exports reached US$ 535.77 million in between April 2020 and January 2021. The government has sanctioned 42 Mega Food Parks (MFPs) to be set up in the country under the Mega Food Park Scheme. Currently, 17 Mega Food Parks have become functional. 1 mega food park is already operational and second one started partial operation since April 2019.

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ESDM

Electronic System Design and Manufacturing

Punjab possess a strong ecosystem of electronics manufacturing for cutting edge R&D and industrial purposes.

India’s only large-scale semiconductor fabrication laboratories engaged in design and development of microelectronics is present in the state, regularly contributing to space exploration and cutting-edge R&D. Increasing presence of supply chain players of edsm sector continues to strengthen small and medium scale electronic industries and exports as well.

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Food Processing
Light Engineering
Textile and Garments
Renewable Power
Agriculture
Electronic System Design and Manufacturing
37.5

Urbanisation Rate

Females/ 1000 Males
938

Female/Male Ratio

Male/Female Ratio

Demographics

68% of Punjab's population is in the working age group of 15-59 years.

About 75% of total population of Punjab is directly dependent on agriculture sector for their livelihood. The state's population of 28 Mn is equivalent to the population of Australia.

  • 1

    Central University

  • 9

    State Universities

  • 16

    Private Universities

  • 238

    Engineering Colleges (AICTE approved)

  • 181

    Polytechnic Institutes

  • 378

    Industrial Training Institutes
*As per secondary research sources
*As per secondary research sources

STATE URL

Industrial Land Bank Portal

GIS - based map displaying available infrastructure for setting up business operations in the state.

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