Overview
- Strong presence of American, Japanese & German companies such as Isuzu, Yanmar, CLAAS, Freudenberg, John Deere, Aichi Steel
- Houses commercial vehicle manufacturers - "SML Isuzu, JCBL, Sutlej"
- Presence of strong Agri and Farm Machinery segment in Punjab
- Second in exports of Tractors with a share of 22% of India's exports
- Contributes 41% of Northern India’s Tractor production
- World's largest Integrated Tractor Manufacturing Unit - "International Tractors Limited having an annual production of 300 thousand units"
- The state has high productivity in tractor manufacturing - "Mahindra Swaraj Division producing a tractor every 3 minutes"
- Houses India's second-largest Forging & Machining unit - "Happy Forgings"
- Presence of Electric Mobility ecosystem with India’s leading 2W manufacturing company- "Hero Electric"
- State of the art Mobility Park - "Hi-Tech Valley, Ludhiana"
- Home to leading auto components companies such as Hella India, Vibracoustic, New Swan Enterprises, Metalman, Eastman, Tube Investments, Gates, Vardhman Special Steels, Aarti Steels, Hero Steels
- Well connected to the dedicated Freight Corridors - EDFC & WDFC
- Proximity to prominent automobile manufacturing clusters of North India
- No lockouts, low attrition, no domicile restriction - Effective workforce management
- One-Stop Office (IPA+Unified Regulator) for State-level approvals - "Invest Punjab: One of its kind in India"
