2.18% of India's rice and 17.14% of India's wheat production. Punjab is also called India's granary.
MSME units, employing more than 29 Lakh people in small-scale industries.
Exports in FY 2023-24 till Jan 2024 with 40% share of engineering goods.
State Potential
Climatic Advantage
Punjab's balanced mix of all three seasons—heat in summers, rain in monsoon, and cold in winter—gives a climatic edge to the state. Punjab experiences both summer and winter at their extremes. The summer months span from mid-April to the end of June. The rainy season in Punjab is from early July to the end of September. October marks the beginning of the winter season. From December onward, the winter becomes chilly.
Punjab receives abundant rainfall, making the state very fertile land. Agriculture is the mainstay of the state's economy due to fertile land and irrigation. It is ranked third in the production of rice, wheat, and total food grains, according to the Economic Survey 2022-23. The region near the foothills of the Himalayas receives heavy rainfall, while the region further away from the hills experiences scant rainfall and high temperatures.
Latest Policies & Schemes
Major Investors
Focus Sectors of the State
01
Tourism & Hospitality
India's tourism sector is a booming industry with immense investment potential, offering rich cultural experiences and supported by strong government initiatives.
02
Textiles & Apparel
Textile & Apparel Sector: Unleashing Growth Potential and Unlocking Global Opportunities
03
Electronic Equipment & Sub-assemblies
India is a rising global R&D hub, offering cost-effective talent and a conducive environment for product development and manufacturing integration
04
Food Processing
Invest in India's thriving food processing sector, driven by government initiatives, substantial FDI, and technological advancements, ensuring sustainable growth and profitability
05
IT-BPM
India's IT&BPM sector drives digital transformation, innovation, and economic growth, fueled by skilled talent, government initiatives, and disruptive technologies
Resources to Set-up Business in India
FDI Policy (Consolidated)
Aimed to capture and keep pace with the regulatory changes, effected in the interregnum
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