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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.


Infrastructure
 
Punjab offers significant opportunities for infrastructure development through public private partnership. The state has been investing steadily in improving its roads. In 2003, Punjab Infrastructure Development Board (PIDB) spent US$ 71 million to upgrade 65 km of roads and opened three high-level bridges.
 
The PIDB has taken up over a dozen road and bridge projects and will be investing over US$ 100 million in the same. In addition, it is also supporting the road upgradation programme of the Public Works Department with an investment of US$ 33 million. It is in the process of selecting private partners for road stretches, aggregating 900 km.
 
The Government decided to invest US$ 10 million to reconstruct and modernize bus terminals at Amritsar, Jalandhar and Ludhiana through private sector participation. The projects are to be implemented on a Build-Operate-Transfer (BOT) basis.
 
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For more information you may visit:

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


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