PUNJAB
Punjab - the land of five rivers - lies in North West
India. In the Vedic Era, Punjab was called ‘Sapat Sindu’. Sapat Sindu means
the land of seven rivers - the Sindu, Jehlum, Ravi, Chenab, Beas, Satluj and
Yamuna. The Mughals persianised its name by calling it ‘Panj – Aab’ or -the
land of five rivers- excluding Sindhu and Yamuna. Punj means five and aab
means water, so Punjab means -the land of five rivers. 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. |