For a business to flourish and reach heights, one of the primary things that need to be taken care of is connectivity. Punjab is among the few states in the nation that enjoy great connectivity through roads, railway and air. This is one of the major reasons that Invest Punjab is getting huge acceptance and investors from across the world are ready to come and invest in Punjab.
Amritsar Kolkata Industrial Corridor (ADKIC) is an economic corridor in India that connects Amritsar to Kolkata via Delhi. It was developed by Government of India and is aimed at developing an Industrial Zone spanning across seven states in the country. Other cities of Punjab including Jalandhar and Ludhiana are also connected via the corridor, which give huge boost to trade. Accompanied by state-of-the-art infrastructure, Punjab happens to be one of the finest destinations in India to do business.
Punjab boasts of highest road densities in India at 133 km per 100 sq km. There are plans to further improve the road infrastructure with construction of that will connect all the major towns of Punjab. The government has also outlined 11 projects with estimated investment of ₹ 2,900 crore (US$ 483 mn) and a total length of 567 km under the build-operate-transfer (BOT) method. Among the ongoing projects are Ladowal bypass, Ludhiana with a total investment of ₹ 400 crores and a total length of 17 Km and four laining of Ropar – Phagwara road with a total investment of ₹ 1100 crores and a length of 89 Km. The state of Punjab is connected well to north and north eastern markets region that house over 40% of Indian population.
Besides, Punjab has enormous rail network. That proves to be of huge benefit when it comes to cargo transfer and trade. Further, Punjab is the smallest state in the country and first in North India to have two international airports at Amritsar and Mohali. Other than being a boon to NRIs of North India, these airports help in easy movement of freight across states and countries.
Punjab Government is very keen on developing the state as a whole to make it leading in all sectors including industry and business. Many significant steps have been taken in this direction and development of better connectivity one major among these. The ‘food bowl of India’ will soon be a hub of IT and industries and a perfect destination for trade and business.