Enterprise and endeavour, these two
words symbolize the essential spirit of
the people of Punjab. Since
Independence,
over
5 decades, the state has earned its
epithet: "of Granary India"
through the enterprising spirit, and
untiring toil of its people.
Its
average growth rate of 10% is amongst
the highest in the country, clearly
reflecting the progressive economy of
the state .Punjab also boasts a 58%
literacy rate and the highest per capita
income in India. Today's Punjab has
become a land of boundless
opportunities, offering distinct
advantages for investment and industry.
Since the
recent liberalization of India's
economy, Punjab has started making its
mark on the global business mainstream,
with major players from around the world
forming joint ventures in the field of
agri-business.
Privileged
by nature and the dynamism of its
people, Punjab is a land of rivers,
fertile soils and steady achievement.
With its inimitable style of
transforming every potential opportunity
into a success story, the state was the
first to translate agricultural
technology into the "green
revolution", recording highest
growth rate in food production. From a
minor producer it emerged a major rice
surplus state. Providing the impetus for
the "White revolution", during
Operation Flood, it was Punjab that
recorded the highest per capita
availability of milk.
Today's
Punjab has over 2.04 lakhs of small and
medium industries and about 600 large
scale industries. It leads in the
manufacture of machine and hand tools;
printing and paper cutting machinery;
auto parts and electrical switch gear.
The state also provides more than 75% of
the country's requirement for bicycles,
sewing machines, hosiery and sports
goods. At par with the highest quality
standards in the world, these products
have carved a niche for themselves in
markets across the globe.
(Data Source of this Page is based on
official website of punjab,india)