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Business Opportunities In Punjab

The recent liberalization of the country's economy has pitch-forked Punjab into the mainstream of global business. Punjab's inherent strengths and efforts to attract private investment make it a land of opportunities. Its rich agricultural base has the potential to add significant value to the food processing sector. Commercial agriculture can also assist the state leverage its competitive advantage in the sector.


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Similarly, the existing industrial base of the state can be encouraged to go in for forward integration in a variety of sectors such as textiles, light engineering goods, IT, chemicals and biotechnology.


IT and Electronics
 
Is expected to employ four million people accounting for 7 per cent of the country's GDP and 30 per cent of its foreign exchange inflows.
 
Punjab possesses distinct competitive advantages that should facilitate further development of the IT sector in the state.
 
Of the 192 software export units registered, 20 started operations in 2003-04. Software exports through the Software Technology Park in Mohali increased from US$ 22.4 million in 2002-03 to US$ 37.8 million in 2003-04.
 
IT companies based in Mohali include Quark Inc, Dell and Infosys. Others to have evinced interest in setting up facilities at Mohali include IBM, Intel, Samsung, TCS, I-Flex, Satyam and Wipro.
 
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For more information you may visit:

http://www.punjabgovt.nic.in     http://pbindustries.gov.in


   Agro Processing   |   Agri Business   |   Textiles, Hosiery and Woolens   |   IT and Electronics   |   Investment   |   Light Engineering Goods
   Infrastructure   |   Exports   |   Biotechnology
 
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