Punjab is rapidly moving up in production of engineering goods, pharmaceuticals, leather goods, food products, textiles, electronic goods, sugar, machine tools, hand tools, agricultural implements, sports goods, paper and paper packaging.

Punjab’s large and medium scale units number 633 and represent a fixed capital investment of Rs 175940 million.

As of 2002, there are 0.2 million small scale units in the state with an investment of Rs. 45090 million, employing 0.9 million persons. The more important sectors serviced by these units are bicycle parts, sewing machines, machine tools, pipes, footwear, medical instruments, and tractors.

Scope for ancillarisation for medium and large scale engineering units intending to set up production facilities in Punjab is very great. 70 per cent of India’s total production of bicycles and parts, sewing machines, hosiery and sports goods is "Made in Punjab"

Investment Opportunities :
The recent liberalisation of the Indian economy, has pitchforked Punjab in to the global business mainstream and Punjab is determined to achieve an annual industrial rate of growth of 12 per cent during the ‘90s. Entrepreneurs from across the globe are investing in the state. Going by the availability of raw materials and the thrust areas identified by the government, investment opportunities are in the following areas:

	Information Technology
	Food processing industries
	Industries based on agricultural waste (wheat/ paddy straw, paddy husk)
	Industries based on the products of social forestry
	Horticulture-based products
	Dairy or Poultry based units
	Leather and Sports Goods.
	Meat processing
	Automobiles and Farm machinery
	Chemical industries, including Drugs and Pharmaceuticals
	Electronics & Telecommunications
	Textiles
	Export oriented units
	Engineering industries related to agriculture & food processing, including ancillary units
	Infrastructure modernization and development

Special Deal to Non Resident Indians (NRIs):

	Exclusive Focal Point for NRI entrepreneurs at Mohali
	Industrial plots reserved for NRIs at all focal points and industrial estates in Punjab
	While finalizing proposals for joint ventures/assisted sector projects, State Industrial Development and other promotional corporations will give preference to NRI entrepreneurs
	Under the Udyog Sahayak, (Directorate of Industries) a special cell provides single window facility and ensures time-bound clearance of all investment proposals received from NRIs
	For More Details