Chandigarh

Recent Developments in Key Sectors

• In FY25, Chandigarh exported Engineering Goods for worth Rs. 85 crore (US$ 9.55 million), followed by Drugs and Pharmaceuticals worth Rs. 9 crore (US$ 1.03 million).
• As of September 2025, Chandigarh had a total installed power generation capacity of 252.82 MW, of which 173.97 MW was contributed by central utilities and 78.85 MW by private utilities.
• According to the Telecom Regulatory Authority of India (TRAI), Chandigarh had 1.7 million wireless subscribers and 0.12 million wireline subscribers, as of June 2025.
• Chandigarh had a high Tele-density of 144.09%, as of June 2025.
• The Union territory administration has announced a significant increase in property tax rates for both residential and commercial properties within the city. Residential property owners will experience a threefold increase in their tax rates, while commercial property tax rates will be doubled. As a result, the municipal corporation's revenue from property tax is projected to rise from Rs. 45 crore (US$ 5.3 million) to Rs. 90 crore (US$ 10.6 million) annually.
• As part of the Union Budget 2024-25, a major chunk of Rs. 875.54 crore (US$ 105 million) has been allocated for the next fiscal year for housing and urban development.
• In the State Budget of 2022-23, Rs. 20,437 lakh (US$ 25.7 million) has been allocated to the buildings & roads department.
• Out of about 2,950 small-scale industries in Chandigarh, about 40% are ancillary units producing components for the major tractor industry around Chandigarh. The light engineering industry is heavily represented, other industrial units produce mainly industrial fasteners, electrical/electronic items, machine tools, pharmaceuticals, plastic goods, sanitary fittings, steel / wooden furniture food products etc. A number of items manufactured here are finding ready markets abroad.
• There are many units’ manufacturing agricultural equipment, tractor components, auto parts, tyres & tubes, electric meters, electronic items, cables and engineering items operating in Chandigarh.
• Basic metal and metal alloy industries are among the leading industries in this sector in Chandigarh. Metal products such as bars, steel rods & rolled products and HR strips are some examples.
• The Chandigarh industrial area is also home to several pharmaceutical manufacturing companies such as Pfizer and Ind Swift.
• ~40% of all industries in Chandigarh are ancillary units manufacturing components for the tractor industry.
• Other industrial units are mainly manufacturing industrial fasteners, electrical/electronic items, machine tools, pharmaceuticals, plastic goods, sanitary fittings, steel / wooden furniture food products etc.

Chandigarh is a compact, services-driven Union Territory and the joint capital of Punjab and Haryana, offering a stable and investor-friendly business environment. With a focus on IT, light engineering and pharmaceuticals, its industrial base is dominated by MSMEs, including a strong cluster of ancillary units supporting the tractor and auto component industry. High digital connectivity, reliable power infrastructure and sustained public investment in urban development continue to position Chandigarh as a resilient administrative and economic hub in North India.