Punjab is the third-largest producer of wheat and rice in India.
Punjab, one of the northernmost states of India, is bordered by the Pakistani province of Punjab to its west, Jammu & Kashmir in the north, Himachal Pradesh in the northeast, Haryana in the south and southeast, and Rajasthan in the southwest.
The state’s GSDP (in Rs.) increased at a CAGR of 7.54% between 2015-16 and 2023-24.
As of May 2023, Punjab has a total installed power generation capacity of 14,256.75 MW, with 3,923.69 MW under the central sector, 3,281.20 MW under state utilities, and 7,051.86 MW under the private sector. Of the total installed power generation capacity, 8,364 MW was contributed by thermal power, 3,818.28 MW by hydropower, and 1,877.66 MW was generated from renewable energy.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflow in the state stood at US$ 961.79 million between October 2019-March 2023.