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Punjab is well poised to be the best destination for IT & ITeS with its skilled human capital
Punjab is regarded as one of the most vibrant and prosperous state of India and is emerging as a new global business destination. Punjab traditionally known as 'Bread Basket of India' has productive and strong agricultural base with huge production of principal crops. By 2025, it is expected that the state will be among the leading producers of non-food grains as well as exporter of various agri-products.
A power surplus state, Punjab has also been ranked first in India in terms of infrastructure facilities offered. Punjab offers best-in-class logistics and connectivity with highest road density amongst Indian states (133 km per 100 sq km).
Punjab is well connected with all major cities through its 2,100 km of rail infrastructure, 64,000 km of roads and 5 airports. It offers a strong logistics backbone with 13 container freight stations and inland container depots easing exports and imports for the state.
Top contributing state for wheat (41%) and rice (26%) in India
Highest yield of rice and wheat in India
Largest producer of machine and hand tools and bicycle components in India
With high quality infrastructure and seamless connectivity, the state has great pull factor to do business and offers tremendous investment potential across the sectors and also immense opportunities to expand business footprints globally.
Punjab is also emerging as a new knowledge hub with top rated research institutions, building strong ecosystem for harnessing talent and nurturing innovation. With eclectic mix of aspiring farm sector, thriving manufacturing sector and budding service sector, Punjab exhibits all possibilities to be the principal driver of economy and development in India. Moreover the Emerging opportunities across all the sectors in the state also set a stage to be new global business destination.
Punjab is well poised to be the best destination for IT & ITeS with its skilled human capital
IT & ITeS sector has become the backbone of the Indian economy with revenues close to USD 120 billion in 2014. Punjab is keen to tap this potential by encouraging private sector participation in the sector.
Punjab is well poised to be the best destination for IT & ITeS with its skilled human capital, SMART infrastructure and soon to be the first state in the country to have 4G connectivity in all villages. The State has 1,700 acres of land earmarked for development of IT services at the IT City in SAS Nagar (Mohali)
Punjab is home to some of the leading medical and allied colleges/universities in the country.
Punjab is home to some of the leading medical and allied colleges/universities in the country. Key features including excellent research facilities, strong educational base and superior infrastructure lend impetus to the development of the lifesciences and healthcare sector in Punjab.
Punjab is home to some of the leading hospitals and medical research institutes such as – Max Hospital, Fortis Hospital, Apollo Hospital, Ivy Hospital, Dayanand Medical College & Hospital and Post Graduate Institute of Medical Education and Research etc.
Government of Punjab is further keen to modernize the healthcare services, with a focus on tertiary care services, by enhancing the participation of private sector. The Government has earmarked key areas including Medicity, New Chandigarh - which is spread over 258 acres for development of healthcare sector. The State intends to bring the highest standards in medical care along with state-of-the-art clinical research, education and training.
Punjab has an established base with a ready pool of technically skilled talent.
Skill Development has been given top priority by the Government of Punjab as it is considered to be one of the most critical enablers to enhance the current ecosystem for investments in the State. The state has taken proactive measures to provide state of the art infrastructure.
Punjab has an established base with a ready pool of technically skilled talent. These include 102 engineering colleges, 193 polytechnics and 369 ITI's which insure that the industry demand for talent in the State is met.
Existing Knowledge city in Mohali has presence of key institutes including Indian School of Business, Indian Institute of Science Education and Research, etc. In addition to the above, Government of Punjab has been successfully facilitating the private player’s participation in setting up industry focused skill development centres in the State. Private players such as L&T, Tata, Toyota, Vardhman etc. have set up a full fledge training centres in Punjab.
It is the second most preferred state in north India for holidays, leisure and recreation.
Punjab, located in the north western part of India, is one of the smallest and the most prosperous states of India. The five rivers Sutlej, Beas, Ravi, Chenab and Jhelum gave it its name 'punj-ab' or the 'land of five waters'. These five rivers divide the state into three regions: Majha, Doaba and Malwa.
It is the second most preferred state in north India for holidays, leisure and recreation. Further, it also experiences tourist arrivals from various parts of the world like United Kingdom, United States, Canada, Germany etc.
A land sanctified by saints and gurus and scarred by wars, Punjab forms an ideal tourist destination for people fascinated by culture, heritage and spirituality. The State has a strong infrastructure for tourism by having international airports and one of the best rail and road connectivity in the country.
Punjab is one of the largest wheat and rice production in India.
Punjab is one of the largest wheat and rice production in India. It is also a leading exporter of rice, including the well-known Basmati variety.
Approximately 82% of the state’s land is under cultivation compared with the national average of 40%.
Punjab has emerged as a key hub for textile-based industries including yam, readymade garments & hosiery.
Punjab has emerged as a key hub for textile-based industries including yam, readymade garments & hosiery.
With the development of apparel parks, favorable textile policies & other initiatives for the creation of textile infrastructure, the state offers opportunities for investment.
Punjab has been ranked 1st in India in terms of infrastructure facilities offered.
Punjab has been ranked 1st in India in terms of infrastructure facilities offered.
Punjab’s road, rail & air transport network.
Connectivity, construction of bridges & infrastructure facilities are among the best.
The industrial and Business development Policy-2017 has been approved
The industrial and Business development Policy-2017 has been approved to give a boost to economic activity in the state.
